Employees of Goldman Sachs’ consumer business are quitting in large numbers, sources say. Goldman engineers and product managers are suffering from burnout and top-down management. Marcus recently instituted “audio only”
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Olive Garden parent's earnings beat, forecasts stronger sales next quarter
Darden Restaurants stock surged after the company reported quarterly earnings that topped analysts' expectations. The company also issued a strong forecast for its next quarter. Darden said it will hike wages for
Continue reading »Coca-Cola Zero Sugar will be the company's biggest source of growth in 2021, CEO says
Coca-Cola Zero Sugar will likely be the biggest driver of growth for the company this year. "Actually, the best growth driver in '21 and probably for the few years is
Continue reading »How to install a graphics card into your Windows PC and upgrade its performance
To install a graphics card into your PC, you’ll need to open its case and replace your existing card. The graphics card needs to be installed into the PCI Express
Continue reading »Big Law career guide: The latest news on pay, hiring, and hot practice areas
The business of law is going through some major changes. Some Big Law firms have made layoffs, others have rolled back compensation cuts that they imposed earlier in the year, and a
Continue reading »The cofounder of the new social app Upstream explains why he moved his family from NYC to Miami and may build the company from there
Alex Taub, 33, is cofounder and CEO of Upstream, a new professional social networking app and platform. After he and his wife and daughters contracted COVID-19, they decided to swap
Continue reading »Jobs Report Beats Estimates but Remains in Deep Hole
The U.S. Bureau of Labor Statistics (BLS) reported Friday morning that U.S. nonfarm employment rose by 661,000 in September and the unemployment rate declined to 7.9%. Consensus estimates had called
Continue reading »Did GM Burst Nikola’s Bubble?
Following a report on Tuesday that it would not meet a Wednesday deadline to complete a deal announced earlier this month, Nikola stock dropped by about 7.4%. GM fared a
Continue reading »Inside Citadel's internship bubble
We made it. Welcome to the weekend. An interesting regulatory decision was announced Wednesday night that could play a role in what is shaping up to be a busy fall
Continue reading »German economy shrank by record 9.7% in second quarter
Consumer spending shrank by 10.9% on the quarter, capital investments by 19.6% and exports by 20.3%, the seasonally adjusted GDP data showed. Construction activity, normally a consistent growth driver for
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