Business
Goldman Sachs Quietly Retreats From Consumer Banking Once More
3 weeks ago
Goldman Sachs Quietly Retreats From Consumer Banking Once More
Goldman Sachs is winding down its consumer banking push, closing out a years-long experiment that cost billions and exposed a deep mismatch between Wall Street DNA and Main Street banking.
JPMorgan’s Retail Lending Push Tightens Credit Unions’ Market Share
3 weeks ago
JPMorgan’s Retail Lending Push Tightens Credit Unions’ Market Share
JPMorgan's retail lending expansion is squeezing credit unions out of their traditional turf, from auto loans to home equity lines, as rate and tech advantages narrow.
BlackRock’s Private Credit Expansion Squeezes Traditional Bank Lenders
3 weeks ago
BlackRock’s Private Credit Expansion Squeezes Traditional Bank Lenders
BlackRock's private credit expansion is pulling corporate lending business away from traditional banks, reshaping how companies finance themselves and where Wall Street revenue flows.
Foxconn Expands Beyond Apple as Nvidia Server Demand Surges
3 weeks ago
Foxconn Expands Beyond Apple as Nvidia Server Demand Surges
Foxconn is accelerating its push into Nvidia AI server production, building massive new facilities and reducing its historic dependence on Apple's iPhone business.
Ant Group’s IPO Revival Stalls as Beijing’s Grip Tightens
3 weeks ago
Ant Group’s IPO Revival Stalls as Beijing’s Grip Tightens
Ant Group's IPO revival remains stalled years after Beijing's 2020 intervention. Regulatory restructuring, valuation pressure, and political timing keep the listing out of reach.
Zara’s Fast Fashion Empire Quietly Bets on Secondhand Market
3 weeks ago
Zara’s Fast Fashion Empire Quietly Bets on Secondhand Market
Zara's parent Inditex is building a secondhand clothing platform - a calculated move that blends regulatory defense with a real revenue opportunity in the booming resale market.
Rivian’s Amazon Van Deal Strains as EV Delivery Math Shifts
3 weeks ago
Rivian’s Amazon Van Deal Strains as EV Delivery Math Shifts
Rivian's landmark Amazon van deal is losing its exclusivity protection, putting pressure on the startup's commercial EV business as costs stay high and fleet adoption slows.
Boeing’s 737 MAX Production Backlog Tests Airline Patience Again
3 weeks ago
Boeing’s 737 MAX Production Backlog Tests Airline Patience Again
Boeing's 737 MAX production backlog is straining airline operations as regulatory caps, quality issues, and delivery delays push carriers into costly workarounds. Patience is wearing thin.
Arm Holdings Eyes Custom Chip Push as Licensing Model Strains
4 weeks ago
Arm Holdings Eyes Custom Chip Push as Licensing Model Strains
Arm Holdings is pushing beyond its licensing model into custom chip design as royalty revenue growth slows and RISC-V competition intensifies.
TikTok’s U.S. Ownership Deadline Pressures ByteDance Into Corner
4 weeks ago
TikTok’s U.S. Ownership Deadline Pressures ByteDance Into Corner
ByteDance faces a U.S. divestiture deadline for TikTok that pits American law against Chinese export controls, leaving no clean path to a deal.