The software giant faces mounting pressure from activist investors and pushback from employees unhappy about a wave of firings and the scaling back of office perks.
Category: Goldman Sachs Group Inc
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Salesforce Faces Mounting Investor Pressure As Profits Sag
The New York Times – Business: -
How Biden Is Seeking to Reshape Business via the CHIPS Act
The New York Times – Business:Big strings are attached to funding for chip makers, meant to bolster Democratic priorities including child care for workers and discouragement of stock buybacks.
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The Winners and Losers from Super Bowl LVII
The New York Times – Business:There were surprises on-field and off — from Rihanna’s halftime performance to Disney’s controversial ad splash.
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Carlyle Taps a Former Goldman Exec to Fill Leadership Void
The New York Times – Business:The private equity giant has fallen behind rivals in fundraising in recent months, and its stock has underperformed the broader market.
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Carlyle Names Harvey Schwartz, Former Goldman Sachs Executive, as CEO
The New York Times – Business:Harvey Schwartz, who was passed over for the top job at Goldman Sachs, is taking over at the private equity giant.
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The Blurred Lines Between Goldman C.E.O.’s Day Job and His D.J. Gig
The New York Times – Business:David Solomon brushes off D.J.ing as a minor hobby that has little to do with his work at the bank, but his activities may pose potential conflicts of interest.
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Goldman Sachs Cuts C.E.O. David Solomon’s Pay After Bank’s Poor Performance
The New York Times – Business:David M. Solomon earned $25 million in 2022, still a hefty sum but 30 percent lower than a year earlier.
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Tesla Bulls Take Heart From Strong Profits
The New York Times – Business:Shares in the electric carmaker continued to rally after the company reported strong profits, even amid growing competition and economic pressures.
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How the Corporate Cafeteria Is Changing
The New York Times – Business:Even as the sprawling dining halls of old struggle with emptier workplaces, food is still important to employees, particularly the young. Many companies are reinventing the company meal.
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Goldman Sachs Earnings Fall Short of Expectations, Causing Alarm
The New York Times – Business:The Wall Street giant reported that its profit fell by nearly 70 percent in its latest quarter, lagging results at its rival Morgan Stanley.