October 20, 2022 | Daily Business Review
Visa Promises More Data on Pay Equity, Avoiding Proxy FightVisa will join a small roster of financial firms that have agreed to release more blunt assessments of compensation practices.
By Jenny Surane
2 minute read
October 20, 2022 | Daily Business Review
Spirit Airlines Shareholders Approve $3.8B Sale to JetBlueJetBlue emerged as the winner in a bidding war with Frontier to acquire Spirit, the nation's biggest budget airline.
By David Koenig
4 minute read
October 19, 2022 | Daily Business Review
Abortion Pill Startups Face Challenges Raising CashThe founders of two abortion pill companies say that raising money from investors has been complicated.
By Priya Anand
4 minute read
October 19, 2022 | Daily Business Review
Some Risks Too Big: Insurers Withdraw From Fossil ProjectsInsurers have begun to make the link between fossil fuel infrastructure, such as mines and pipelines, and the impact that greenhouse gas emissions are having on other parts of their business.
By Frank Jordans
4 minute read
October 19, 2022 | Daily Business Review
Hurricane Ian Caused Up to $1.56B in Losses to Florida AgricultureHurricane Ian battered a citrus industry that had already seen steep production declines because of issues such as deadly citrus greening disease.
By Jim Saunders
4 minute read
October 18, 2022 | Daily Business Review
US Regulators Probing Bankrupt Crypto Hedge FundThe Commodity Futures Trading Commission and the Securities and Exchange Commission are now looking into whether Three Arrows Capital violated rules by misleading investors about the strength of its balance sheet and not registering with the agencies.
By Allyson Versprille, Lydia Beyoud and Olga Kharif
4 minute read
October 18, 2022 | Daily Business Review
Goldman Shakes Up Leadership Ranks in Yet Another OverhaulGoldman Sachs plans to once again combine its expanded asset-management and private-wealth businesses into one unit and will fuse its investment-banking and trading operations under one group.
By Sridhar Natarajan
4 minute read
October 18, 2022 | Daily Business Review
Recession Warnings Hard to Find in Wall Street Bank EarningsBank of America Corp. was the latest on Wall Street to offer a largely rosy assessment of the U.S. consumer.
By Jenny Surane and Katherine Doherty
4 minute read
October 18, 2022 | Daily Business Review
Secret Service Paid Trump Hotels 'Exorbitant' Rates: House PanelDuring his presidency, Donald Trump reportedly visited properties he owned 547 times, including 145 visits to his Mar-a-Lago Club in Palm Beach, according to the House Oversight and Reform Committee.
By Mike Dorning
3 minute read
October 18, 2022 | Daily Business Review
Bankers Told They Can Ignore Binding Fossil-Finance RestrictionsEfforts to reassure bankers that they can continue to finance oil, gas and even coal, come less than a month before the COP27 climate summit in Egypt.
By Alastair Marsh
3 minute read
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