The lawyers who secured a $215 million settlement in a class action suit accusing Goldman Sachs Group Inc. of systemically underpaying thousands of female bankers asked the judge to award them a third of that amount in legal fees.
The cost of servicing US government debt jumped by 25% in the first nine months of the fiscal year, reaching $652 billion and contributing to a major widening in the budget deficit.
Shares of Progressive Corp. fell the most since 2000 after the insurance company released second quarter results that missed analysts’ estimates.
When you arrive at Bank of America’s new-employee boot camp at the New York Hilton Midtown, you’ll find a VR headset waiting for you. Slide it on, and you’ll be confronted with an angry customer, frustrated over a mix-up with their account. Your task: talk them down and make them feel heard. Or you can practice keeping your cool while responding to a robbery, and then unwind by relaxing on a virtual island or by sitting on a unicorn.
Viasat Inc. slumped a record 28% Thursday after announcing an unexpected event that threatened the performance of a key communication satellite.
The conflict between Ukraine and Russia has reached a stalemate, a senior US intelligence official said, offering a downbeat assessment of a counteroffensive that some US and European leaders had hoped would turn the tide in Kyiv’s favor.
The Screen Actors Guild, which represents some 160,000 performers, announced a walkout Thursday after failing to reach a new labor agreement with the Alliance of Motion Picture & Television Producers, which represents studios including Walt Disney Co. and Netflix. The Writers Guild of America, meanwhile has been on strike since May 2. SAG-AFTRA Chief Negotiator Duncan Crabtree-Ireland speaks at a press conference in Los Angeles.
One Guatemalan presidential candidate suspended her campaign while the other called for protests after prosecutors raided the nation’s electoral authority on Thursday.
Federal Trade Commission Chair Lina Khan fended off Republican attacks over her adherence to ethics laws and aggressive antitrust enforcement at a heated congressional hearing Thursday, during which she was labeled a “bully” and told her leadership was “a disaster.”
Goldman Sachs Group Inc. has been tapped to underwrite a large municipal-bond sale that will finance a $2.1 billion stadium for the National Football League’s Tennessee Titans.
