Arvind Krishna, who has led the company’s cloud computing business, was named the new chief executive. Source link
Month: January 2020
Amazon Powers Ahead With Robust Profit
The internet giant posted increases in revenue and profit after shoppers flocked to it during the holiday season. Source link
California, Mired in a Housing Crisis, Rejects an Effort to Ease It
A lawmaker’s push for denser development near transit, overriding local zoning, was thwarted by a diverse group of legislative foes. Source link
Lender now working with brokers
Non-bank announces plans to establish lasting relationship with mortgage brokers across all states Source link
The 10 banks with happiest home loan holders
Roy Morgan data reveals institutions rated highest by mortgage customers, confirming suspected trend Source link
The SME finance trend to keep on watch
Group predicts oft-criticised model will gain in popularity over the next five years Source link
UBS Europe probed in Italy in asset manager fraud investigation: sources
Italian prosecutors have investigated UBS Europe for possible money laundering and obstructing the work of regulators as part of a fraud inquiry into small asset manager Sofia SGR, two sources with direct knowledge of the matter said. Source link
Boris Johnson faces backbench rebellion over HS2
As crucial meeting looms, MPs against the project make their voices heard Source link
Biden Push for Labor Support Is Burdened by Obama-Era Baggage
Supporters of the former vice president say he can win back union members who rejected Hillary Clinton. But he must overcome some hard feelings first. Source link
U.S. Economy Grew at 2.1% Rate in Fourth Quarter
Boeing’s troubles, the G.M. strike and a tight job market held back growth in 2019, and a more subdued expansion appears to lie ahead. Source link