New York Times business news - Jan 13
Abstract：Breaking news and analysis on business and the economy, including the latest news in technology, stock markets, media, and finance can all be found at this media site.
Breaking news and analysis on business and the economy, including the latest news in technology, stock markets, media, and finance can all be found at this media site. Therefore below are the top stories on the New York Times business pages. Although some reports have not been verified a just highlight.
- More than 7,000 nurses at two New York City hospitals ended a three-day strike and returned to work on Thursday after reaching tentative deals with hospitals over staffing levels and pay increases.
- The International Monetary Fund expects that global economic growth will begin to rebound later this year and that a worldwide recession can be averted if China continues to ease its pandemic restrictions and Russia's war in Ukraine does not worsen.
- Activist investor Nelson Peltz is pushing for a board seat at Walt Disney Co DIS.N, the company said adding that it recommended shareholders vote against his effort.
- The U.S. Securities and Exchange Commission on Thursday charged Genesis Global Capital LLC and Gemini Trust Company LLC with offering unregistered securities through a crypto lending program that promised investors high interest on deposits. (Compiled by Bengaluru newsroom.
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JPMorgan Examines Trader Oversight in the Face of Financial Market Boom - Sources
JPMorgan Chase & Co. is collaborating with KPMG to enhance how the U.S. bank monitors its traders, according to individuals familiar with the assessment, as Wall Street grapples with how to detect possible misbehavior amid a securities trading boom.
Usain Bolt fired his business manager after losing $12.7 million in a Jamaica fraud case.
Retired Jamaican sprinter legend Usain Bolt has fired his business manager after he lost $12.7 million to a massive employee fraud scheme. Stocks and Securities Limited(SSL), a wealth management company, was reportedly responsible for the scam. According to the report, this firm is now under investigation by the Financial Services Commission.
Asian Stocks Fall As Investors Anticipate Central Bank Hikes
Asian equities traded cautiously and bonds suffered minor losses as investors prepared for a busy week of central bank meetings, earnings announcements, and critical U.S. economic data.
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