You'd have to work five lifetimes to make what your boss makes in one year, report shows
The gulf between a CEO's paycheck and their typical employee's has always been vast. But the advent of AI is already threatening to exacerbate that gap, enriching the C-suite at the expense of their employees, according to a new report from the AFL-CIO.
2023-08-04 06:00
Taylor Swift urged to postpone LA shows as hotel workers strike
"Swifties" heading to Los Angeles to see Taylor Swift concerts this week may find a large number of staff at their hotels on strike when they get there.
2023-08-04 05:58
Apple's sales fall for the third consecutive quarter
Apple said Thursday that its revenue slipped 1% to $81.8 billion for its quarter ending July 1, marking the third consecutive year-over-year drop in quarterly revenue for the world's most valuable company.
2023-08-04 05:55
Bond Market Confronts Risk of Pivotal US Jobs Report
The mood is rapidly souring in the world’s bond market, raising the stakes for Friday’s much-anticipated US monthly
2023-08-04 05:54
Tupperware shares soar on agreement with lenders to restructure debt
Tupperware Brands said on Thursday it has finalized an agreement with its lenders to restructure its debt obligations
2023-08-04 05:52
Marketmind: Dodging the US curve ball
By Jamie McGeever A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
2023-08-04 05:50
JPMorgan says it expects to pay about $3 billion to help refill FDIC fund
By Nupur Anand NEW YORK (Reuters) -JPMorgan Chase expects to set aside about $3 billion to replenish the Federal Deposit
2023-08-04 05:49
Gilead Recovers as Quarterly Revenue Reassures Investors
Gilead Sciences Inc. shares erased a decline as a strong quarterly performance more than offset a lower profit
2023-08-04 05:28
Corteva profit beats expectations on higher seed prices
(Reuters) -Agricultural chemical and seed company Corteva beat Wall Street estimates for second-quarter profit on Thursday, benefiting from strong demand
2023-08-04 05:26
The Hamptons Wants to Borrow More as Wealthy Linger Longer
East Hampton, New York, sold debt on Thursday, joining a list of well-off US tourist destinations that have
2023-08-04 05:21
Brazil’s Real Slumps Most Since November on Bold Rate Cut
Brazil’s currency weakened the most since November and short-term swap rates fell sharply after the nation’s central bank
2023-08-04 05:19
Amazon's outlook brightens on cloud, consumer sales lift
By Jeffrey Dastin and Chavi Mehta (Reuters) -Amazon.com Inc on Thursday reported sales growth and profit ahead of Wall Street's
2023-08-04 04:58