Today: December 10, 2024
Today: December 10, 2024

Citigroup CEO announces management changes, 'difficult' decisions

FILE PHOTO: Global Financial Leaders' Investment Summit, in Hong Kong
July 02, 2024
Reuters - Reuters

NEW YORK (Reuters) - Citigroup CEO Jane Fraser announced the next layer of management changes in a sweeping reorganization, according to a memo to staff on Monday.

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US third-quarter unit labor costs revised sharply lower

U.S. unit labor costs grew far less than initially thought in the third quarter, pointing to a still favorable inflation outlook even though price increases have not moderated

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EU envoys to discuss first sanctions targeting Russian hybrid threats

EU envoys will discuss on Wednesday the first potential sanctions targeting Russian hybrid threats such as undermining elections, cyber attacks and economic

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Stadiums don’t have to be a drain on taxpayer dollars − 4 lessons from St. Louis

The newest stadium in St. Louis is a case study in ‘patient capital.’

Stadiums don’t have to be a drain on taxpayer dollars − 4 lessons from St. Louis
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When AI goes shopping: AI agents promise to lighten your purchasing load − if they can earn your trust

AI shopping agents are coming. They could hunt for deals, find the right items and even make purchases – if you trust them to ‘get’ you, protect your privacy and not coax you into buying too much.

When AI goes shopping: AI agents promise to lighten your purchasing load − if they can earn your trust
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US high-yield credit set for best returns in eight years in 2024

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Citigroup expects 25% to 30% rise in investment banking fees in Q4

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1-star McDonald’s reviews and sympathetic merch: Companies try to stop online support for CEO killer

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Google invests in Intersect Power in over $800 million funding round amid AI race

Google invests in Intersect Power in over $800 million funding round amid AI race