Why one UK CEO turned down the top job twice before she finally said yes
Vicky Bullen turned down the CEO role at branding and design agency Coley Porter Bell twice – but not because she didn’t want the job.
After ASEAN and G-20, diplomats make last push on Ukraine crisis at APEC
APEC is shaping up as the platform for a final diplomatic push with all eyes on the bloc to see if it delivers a joint statement that comes close to a unified position on Ukraine.
BofA says the bull case for chips is ‘compelling,’ picks its top stocks to buy
Semiconductor sales could rebound in the second half of 2023, BofA predicted. The bank highlights mega themes that stocks could ride on, and also picks names to buy.
JPMorgan says these global travel stocks are its top picks as China eases Covid restrictions
JPMorgan predicts that the recovery of Asia’s airline industry could recover to around two-thirds of pre-pandemic levels by the end of the year, and names stocks to buy.
New wave of resignations hits Twitter after Musk ultimatum
“The train has started in #social-watercooler,” one employee said, referring to a Slack room Twitter employees have used to notify others that they are leaving.
S&P 500 closes higher on Friday, but ends week with losses
Investors assessed new earnings reports and speeches from central bank speakers.
Japan sees core inflation at highest in 40 years as Asia-Pacific stocks trade mixed
Asia-Pacific investors digested Japan’s core consumer price index for October, reaching the highest level in 40 years.
Amazon CEO Andy Jassy says layoffs will continue into next year
Amazon will continue to lay off employees in the coming year, CEO Andy Jassy wrote in a memo to workers on Thursday.
Elon Musk sets more in-office requirements at Twitter, threatens lax managers
A pair of new emails from Elon Musk to Twitter employees says managers must meet in person with employees — even exceptional ones — at least monthly.
FTX tells court it has evidence Sam Bankman-Fried transferred assets to Bahamas government custody after bankruptcy
FTX lawyers said Bahamian regulators directed Sam Bankman-Fried to transfer digital assets to the custody of the Bahamian government.
