President Joe Biden declared the Equal Rights Amendment (ERA) as officially part of the Constitution. This move, made in his final days in office, aims to secure equal rights for all Americans regardless of sex. Despite Biden's opinion, the ERA faces a bumpy road ahead. Legal challenges are expected
In the early hours of his presidency, Donald Trump and his team are preparing to roll out a tough new approach to immigration. The goal? To quickly deport people already living in the US without documents, especially those with criminal records. They're also looking at sending more military resource
Bitcoin's price jumped on Friday, following reports that President-elect Donald Trump might issue an executive order to prioritize cryptocurrency. This comes after a Bloomberg report suggested Trump could form a crypto advisory council, giving the industry a voice in his administration. Shares of Co
Goldman Sachs has increased the pay of its CEO, David Solomon, by 26% to $39 million. Alongside this, they've set up retention plans worth $80 million for both Solomon and the bank's president, John Waldron. This move aims to keep the duo at the helm, following a strong performance year. The bank ha
President-elect Donald Trump is set to make big moves in the crypto world on his first day in office. A source close to his transition team revealed that he might tackle two key issues: debanking and the repeal of a policy called SAB121. This policy forces banks to count digital assets as liabilitie
Daniel Pinto, who has been with JPMorgan Chase for over four decades, will step down as Chief Operating Officer and President in June. He plans to retire by the end of 2026. This move has sparked discussions about succession planning for current CEO Jamie Dimon. Jennifer Piepszak, the co-head of the
NBCUniversal has just hired Val Boreland as the President of Entertainment for its spinoff company, SpinCo. This means she’ll be in charge of shows on cable networks like USA Network, CNBC, MSNBC, Oxygen, E! , Syfy, and Golf Channel. Boreland’s experience shows she knows how to buy and create good c
After Party Studios, a digital content company, has just gotten stronger with two new hires. Sam Ewen and Ayesha Mittal have joined the team from different backgrounds. Ewen will take on the new role of Head of Entertainment, focusing on growing the business in the entertainment sector. Mittal, on t
Val Boreland, a top executive known for scoring big content deals for NBCUniversal's cable networks, has been tapped to lead the entertainment division of a new spin-off company. This new entity, dubbed "SpinCo, " will be a separate, publicly traded part of NBCUniversal and is expected to launch lat
It turns out that how well executives understand accounting can make a big difference when it comes to goodwill impairment. Goodwill impairment is like when a company realizes that something it bought isn't worth as much as it thought. This study looked at companies in China from 2007 to 2022 that p
