PepsiCo Plans Layoffs
PepsiCo Inc. reached an agreement with activist investor Elliott Investment Management to reduce its US product lineup by 20% and lower prices, while the company also »
Wells Fargo expects more job cuts, will roll out AI gradually in 2026
Wells Fargo expects more cuts to its workforce and sees higher severance expenses in the current fourth quarter, CEO Charlie Scharf said on Tuesday, adding that »
Real Estate at 'Inflection Point,' Says Morgan Stanley's Hochfelder
Federal Reserve set to cut rate but may signal a pause to come
The Federal Reserve faces an unusually contentious meeting this week that will test Chair Jerome Powell's ability to corral the necessary support from fellow »
Central Bank of Argentina Considers Letting Lenders Trade Crypto for Clients
The Central Bank of Argentina is reportedly considering letting traditional lenders trade cryptocurrencies for their clients. The central bank is drafting a measure and could have »