Solomon also acknowledged that Goldman didn’t „execute well“ on parts of its consumer push, but added that management would reflect and learn from the episode.

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Credit Suisse „seriously breached its supervisory obligations“ in the context of its business relationship with financier Lex Greensill and his companies, Swiss regulator FINMA concluded Tuesday.

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The politically important U.S.-China relationship is vulnerable to cultural differences — such as why a phone call doesn’t get picked up.

CEO Brian Cornell in a release cited „a very challenging environment,“ with groceries, beauty items and household essentials lifting sales as consumers focused on necessities.

While Zoom’s earnings guidance was better than expected, the company continues to see a dramatic slowdown in growth from the Covid boom.

TipRanks analyst ranking service pinpoints Wall Street’s best-performing stocks, including Walmart & Datadog.

As Goldman’s Marcus morphed from a side project to a focus for investors, the business expanded and ultimately buckled under the weight of Solomon’s ambitions.

Shares of Union Pacific rose 9.5% after the company said CEO Lance Fritz would have a successor named this year.