Wells Fargo hires JPMorgan executive as head of cards and merchant services
(Reuters) – U.S. bank Wells Fargo (NYSE:WFC) named JPMorgan Chase (NYSE:JPM) executive Ed Olebe as its new head of cards and merchant services on Tuesday, effective immediately. Olebe, who joined JPMorgan in 2016, succeeds Ray Fischer, who has decided
Microsoft CEO says he is good for Stargate money after Musk questions financing
Investing.com — Microsoft Corporation (NASDAQ:MSFT)CEO Satya Nadella shrugged off funding concerns raised by Elon Musk over the $500 billion AI infrastructure project, Stargate, spearheaded by President Trump. “All I know is, I’m good for my $80 Billion,” Nadella told CNBC when
Workiva stock drops amid EU reporting directive uncertainty
Investing.com — Shares of Workiva (NYSE:WK) fell 10% Wednesday as investors reacted to news that the German and French governments may seek amendments to the European Union’s Corporate Sustainability Reporting Directive (CSRD). The directive, which is anticipated to be a
Verisk estimates $28-$35 billion insured property losses from LA fires
Investing.com — Global data analytics firm Verisk (Nasdaq: NASDAQ:VRSK) has projected insured property losses from the Palisades and Eaton (NYSE:ETN) fires to be between $28 billion and $35 billion, marking one of the highest loss estimates from the
Amazon to exit Quebec operations, 1,700 jobs impacted – report
Investing.com — Amazon.com (NASDAQ:AMZN) has announced it is discontinuing its operations in Quebec, resulting in approximately 1,700 full-time job losses, a company spokesperson told Reuters. The e-commerce giant plans to gradually discontinue operations at seven locations in the province over the