Bloomberg Business

Goldman Sachs Slashes CEO Solomon’s Pay About 30% to $25 Million

Goldman Sachs Group Inc. cut Chief Executive Officer David Solomon’s compensation by about 30% to $25 million for 2022, a year in which the share price and profit tumbled and the firm retreated from a highly public effort to create a consumer bank.

NYC Reports 16% Drop in Subway Crime Since October

New York Governor Kathy Hochul said subway crime in New York City is declining as more police officers patrol the stations and cameras are installed on train cars, a positive for overall ridership.

Biden Nears Win as Japan, Dutch Back China Chip Controls

Japan and the Netherlands are poised to join the US in limiting China’s access to advanced semiconductor machinery, forging a powerful alliance that will undercut Beijing’s ambitions to build its own domestic chip capabilities, according to people familiar with the negotiations.

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