Industries

Financial Services

Goldman Sachs joins JPMorgan in announcing return to work after coronavirus office closures _ Fox Business

Goldman Sachs joins JPMorgan in announcing return to work after coronavirus office closures

By: Megan Henney
Source: Fox Business
Date of Publication: September 11th, 2020
The bank alerted staff that it was preparing for more employees to return to its offices around the world.
JPMorgan Top Brass Tell Trading-Floor Staff to Come Back to the Office - WSJ

JPMorgan Top Brass Tell Trading-Floor Staff to Come Back to the Office

By: Julia-Ambra Verlaine
Source: The Wall Street Journal
Date of Publication: September 10th, 2020
The bank, which just notched a record trading quarter, told staffers they need to return by Sept. 21 unless they have child-care or medical issues.
5 storytelling lessons from Square’s COVID-19 campaign - PR Daily

5 storytelling lessons from Square’s COVID-19 campaign

By: Ted Kitterman
Source: Ragan's PR Daily
Date of Publication: August 24th, 2020
The payment company asked business owners to share their stories of managing through the trials of an unprecedented pandemic—creating a support hub for entrepreneurs in the fight of their lives.
Auto insurance companies return $800 million in premiums because no one is driving

Auto insurance companies return $800 million in premiums because no one is driving

By: Chris Isidore
Source: CNN Business
Allstate and American Family Insurance announced Monday they will give back about $800 million to their auto insurance customers because people are driving far less during the coronavirus crisis
Metlife Foundation Commits $25 Million to Global Covid-19 Response

Metlife Foundation Commits $25 Million to Global Covid-19 Response

By: MetLife
Source: MetLife
Date of Publication: March 31st, 2020
MetLife Foundation announced that it is committing $25 million to the global response to COVID-19 in support of communities impacted by the pandemic.
Wells Fargo Announces Aid for Customers and Communities Impacted by COVID-19

Wells Fargo Announces Aid for Customers and Communities Impacted by COVID-19

By: Beth Richek
Source: Wells Fargo
Date of Publication: March 20th, 2020
Wells Fargo's response to COVID-19 includes suspending residential foreclosure sales, fee waivers and acceleration of $175 million in donations to help the most vulnerable.
The stock market is this close to setting another record -- the shortest bear market in history

The stock market is this close to setting another record -- the shortest bear market in history

By: Anneken Tappe
Source: CNN Business
Date of Publication: August 11th, 2020
The S&P 500 (SPX) could finish Tuesday at a new record high -- its first since the pandemic hit and exceeding its all-time high from February. That would mean it took Wall Street less than five months to go from nadir to new record, and the 2020 bear market would be the shortest in history.
BlackRock Lets Global Staff Work Remotely for Rest of Year

BlackRock Lets Global Staff Work Remotely for Rest of Year

By: Annie Massa
Source: Bloomberg
Date of Publication: August 5th, 2020
BlackRock Inc., the world’s largest asset manager, is allowing employees around the world to work remotely for the remainder of 2020.
S&P dips on worries about earnings, data, stimulus and election

S&P dips on worries about earnings, data, stimulus and election

By: Sinéad Carew
Source: Reuters
Date of Publication: July 30th, 2020
The S&P 500 and Dow closed lower on Thursday after data painted a worrying economic picture on a crucial day for corporate earnings reports, while President Donald Trump exacerbated investor nervousness by floating the possibility of delaying the U.S. presidential election.
A second Great Depression? Unemployment crisis hits big cities hard

A second Great Depression? Unemployment crisis hits big cities hard

By: Greg Iacurci
Source: CNBC
Date of Publication: July 21st, 2020
The unemployment rate in New York rose to 20.4% in June, even as the broader country’s improved. Los Angeles had a 19.5% jobless rate. The unemployment rate is a measure of financial hardship for American families. There is no official definition of an economic “depression.” An unemployment rate near or above 20% is one good indicator, according to some economists.