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Goldman Sachs’ new CEO has a lot of work to do
New York CNN Business — It’s a new era at Goldman Sachs. David Solomon, the part-time electronic dance DJ who previously served as president of
Meet GE’s new boss: Can Larry Culp right the ship?
New York CNN Business — General Electric is turning to an outsider to clean up a mess that took decades to create. Larry Culp, 55,
Tesla stock roars back after Elon Musk’s SEC deal
New York CNN Business — Investors cheered Tesla’s deal with the SEC that keeps Elon Musk as CEO. The stock surged 17% on Monday, more
Stocks pop after new US-Canada-Mexico deal
New York CNN Business — The stock market appears to like the new trade agreement between the United States, Canada and Mexico. Stocks popped after
Instagram gets a new chief: Facebook vet Adam Mosseri
New York CNN Business — Instagram has a new leader. On Monday, the company announced that Adam Mosseri will head Instagram effective immediately. Last week,
Tesla calms fears with strong sales numbers
New York CNN Business — A tumultuous quarter at Tesla ended with some very good sales numbers. The company delivered 83,500 vehicles during the third
Goldman Sachs slants research to help Democrats, top White House adviser says
New York CNN Business — Kevin Hassett, one of President Donald Trump’s top economic advisers, suggested that Goldman Sachs may be slanting its economic research
Volkswagen dumps jailed Audi CEO amid emissions probe
London CNN — Volkswagen has severed ties with suspended Audi CEO Rupert Stadler, who has been jailed since June in connection with an emissions investigation.
S&P downgrades debt-riddled GE and GE Capital
New York CNN Business — New General Electric boss Larry Culp just got a fresh reminder of the debt-riddled balance sheet he’s inheriting. Barely 24
Amazon announces $15 minimum wage for all US employees
New York CNN Business — Amazon is raising its minimum wage to $15 an hour for all US employees. The change takes effect November 1