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China's Ant Group Slapped With Nearly $1 Billion Fine
Ant Group, the financial-technology company associated with billionaire Jack Ma, was fined by China’s financial regulators, taking the company closer to the end of its
Consumers to Face New Limits on Short-Term Health Insurance
The Biden administration’s proposed rule would restrict plans to a few months in an effort to protect Obamacare. Source link
Lazard Fires Top Restructuring Banker Accused of Harassing Employees
Reid Snellenbarger is said to have acted inappropriately at a party he hosted over the weekend. Source link
NBCUniversal Entertainment Shake-Up Elevates Veteran Studio Chief
The restructuring gives Donna Langley oversight of the company’s content strategy and is the first major change under Comcast President Mike Cavanagh’s leadership. Source link
Johnson & Johnson Posts Higher Quarterly Sales, Raises 2023 Outlook
First-quarter earnings were largely wiped out by a $6.9 billion charge tied to litigation and other costs from its Covid-19 vaccine commitments. Source link
Don't Call Them 'Barbarians at the Gate'
KKR plans to invest broadly and double earnings as founders Kravis and Roberts prepare to hand off control Source link
Millions Gain Access to 401(k)s as More Small Businesses Launch Plans
Markets Personal Finance State mandates and the hot job market prompted the big increase in new retirement plans Source link
Teck Resources Again Rebuffs Glencore's $23 Billion Approach
The Canadian miner said its own plan to split into two independent companies was in the best interest of its shareholders. Source link
Millions Gain Access to 401(k)s as More Small Businesses Launch Plans
Markets Personal Finance State mandates and the hot job market prompted the big increase in new retirement plans Source link
National CineMedia Files for Bankruptcy as Latest Casualty of Cinema Slump
National CineMedia LLC, the largest movie-theater advertisement business in North America, filed for bankruptcy Tuesday after facing years of challenges from reduced attendance at cinemas