Larry Fink, the CEO of BlackRock, has delivered pro-crypto remarks amid the asset manager applying to list a spot Bitcoin exchange-traded fund (ETF) in the United States. Speaking on Fox Business on July 5, Fink said the role of cryptocurrency was largely “digitizing gold”, suggesting U.S. regulators consider how an ETF directly linked to Bitcoin […]

A recent survey of CEOs suggests that most expect a recession in the U.S. but that it will be “short and shallow.” For that reason, many aren’t anticipating layoffs and some are even still hiring. It points toward a continuation of the current tight labor market, even as the economy cools in response to the […]

WASHINGTON — U.S. Senators grilled the executives of three major credit reporting bureaus Thursday on whether their practices are transparent and fair to consumers, with Democrats frequently pressing the CEOs to remove medical debt from the reports.   Ohio Democratic Sen. Sherrod Brown, chair of the Senate Committee on Banking, Housing, and Urban Affairs, said all […]

LOS ANGELES – Contradictory separate rulings in two federal lawsuits over the prescription medication mifepristone, used as the nation’s most common method of abortion, has now thrown access to the drug into question. The prescription medication was originally approved for up to seven weeks into a pregnancy but is now approved for up to 10. […]

Representation remains low, but there will soon be eight Black executives in top jobs — and three of them will be running utilities. C alvin Butler couldn’t help but smile when he got word in January that Chris Womack, an industry colleague and friend, was named the next CEO of utility giant Southern Co. Butler […]

DePauw University President Dr. Lori S. White Photo credit: Timothy D. Sofranko/DePauw University The college and university presidency, as well as the executive leadership of state higher education systems, both remain overwhelmingly white. According to an American Council on Education report, in 2017, 8% of presidents . . .

WASHINGTON, Nov 29 (Reuters) – Top executives at Kroger Co (KR.N) and Albertsons Companies Inc (ACI.N) are expected to face tough questions on Tuesday from lawmakers who worry the grocers

WASHINGTON, Nov 28 (Reuters) – Kroger (KR.N) CEO Rodney McMullen and Albertsons’ (ACI.N) top executive, Vivek Sankaran, will face questions this week on plans for the two giant grocery companies to merge . . .

A global economy plagued by high inflation and rising interest rates has tipped the competitive playing field in favor of US industrial companies, and some are taking advantage to make acquisitions. More should join the club — as long as they have a strong appetite for risk. US companies have a few clear tailwinds. The strong […]

Hong Kong CNN Business  —  Leaders of America’s biggest banks say they would follow any US directive on pulling business from China if Taiwan is ever attacked by Beijing. JPMorgan

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