Business

Goldman Sachs Clears the Way for a Succession Plan

Goldman Sachs Clears the Way for a Succession Plan

Goldman Sachs said David Solomon will become sole president of the company, elevating him over Harvey Schwartz as the successor to Chief Executive Officer Lloyd Blankfein . He and Solomon were named co-COO in December 2016 in a setup that appeared to pit the two against each other to eventually lead what is viewed as the most powerful U.S.


Sensex, Nifty climb almost 1% on positive global cues

Sensex, Nifty climb almost 1% on positive global cues

Tata Motors rose by 3.07 per cent, Hero MotoCorp 2.75 per cent, Maruti Suzuki 1.69 per cent, M&M 1.02 per cent and Bajaj Auto 0.75 per cent. Meanwhile, the US Dow Jones Industrial Average ended 1.77% higher on Friday. On the BSE, 1,067 stocks gained, 297 stocks declined, while 59 stocks remained unchanged. China data: China's industrial production, retail sales and fixed-asset investment numbers will be released on Wednesday and are are likely to point to slower growth, according to ...


Bangla Airlines flight crashes in Kathmandu

Bangla Airlines flight crashes in Kathmandu

At least 50 people feared dead afetr a passenger plane from Bangladesh's US-Bangla Airlines with 71 passengers on board crash-landed at Nepal's Tribhuvan International Airport (TIA) at Kathmandu on Monday. 2. The plane took off from the Bangladeshi capital, Dhaka, to the Himalayan capital. Television images showed smoke rising from the crash site. The flight became "unstable" during landing near the popular airport.


Melrose ups GKN bid to £8.1bn in 'final offer'

Melrose ups GKN bid to £8.1bn in 'final offer'

It has also raised the amount GKN shareholders would own in Melrose following the deal from 57% to 60%. The turnaround specialist said that the offer was final and would not be increased. Melrose called GKN's attempts to fend off the approach a "hasty fire sale of GKN businesses before they have reached their potential". According to Melrose , its recent attempts to engage in "constructive discussions" with GKN had been blocked.


Trump again insults Maxine Waters' intelligence, says she's 'very low IQ

Trump again insults Maxine Waters' intelligence, says she's 'very low IQ

While Mueller's investigation around the Trump campaign and administration members intensifies, the president has been hit with reports that he had a sexual affair with porn star Stormy Daniels in 2006 less than four months after his wife Melania Trump gave birth to their son Barron.


Katy Perry: I'll be a straight shooter on American Idol

Katy Perry: I'll be a straight shooter on American Idol

We don't need any more bullying, anywhere. The fun-loving 18-year-old from Langhorne, Pennsylvania was voted " Most Likely to Say the Wrong Thing at the Wrong Time". Leading that charge is a new judging panel that, at least in the first two hours, is less interested in critique than it is in a rapid education. American Idol season 16 returns on Sunday, March 11 on ABC .