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CNN — The powerful House Ways and Means Committee is threatening to reconsider the tax-exempt status of Harvard University, the Massachusetts Institute of Technology, the University of Pennsylvania and Cornell University amid...
New York CNN — The Securities and Exchange Commission said Wednesday the FBI is investigating the hack of the agency’s social media account that rocked the bitcoin world earlier this week. “The SEC continues to investigate...
New York CNN — Billionaire Bill Ackman is stepping up his campaign to overhaul Harvard University by throwing his considerable influence behind a slate of four outsider candidates vying to join the university’s board of overseers....
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN —...
New York CNN — BlackRock, the world’s largest asset manager, will lay off about 600 employees as it seeks to reshuffle its resources in response to technological changes in the financial industry. “We see our industry changing...
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN —...
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York (CNN) —...
London CNN — Shares in Boeing fell as much as 8.6% in pre-market trade on Monday, wiping nearly $13 billion off the company’s stock market value, as investors grow worried about damage to its business after a piece of fuselage...
New York CNN — Stocks went gangbusters in 2023, but hardly anyone saw it coming. Many on Wall Street entered last year predicting more of the same after a terrible performance the previous year: Stocks and bonds fell in tandem...
New York CNN — Stocks rang in the new year with a selloff, stalling the 2023 monster rally. Some investors say that the furious year-end rally has given way to consolidation, as traders sell some of their holdings that have ballooned...
The rise of technologies, such as AI, and the solid growth in tourism-related sectors could drive Europe's commercial real estate market next year, while the housing market struggles to get back on its feet and the rental market...
London CNN — Stock markets were mixed on the first trading day of 2024, pausing after a robust rally last year that was fueled by bets that major central banks will soon start cutting interest rates. Bitcoin and oil prices moved...