Goldman Sachs riding wave of success in red state Utah as CEO David Solomon fights woke woe
NY Post
To hear it from his handlers at Goldman Sachs, CEO David Solomon is having quite a moment these days.
After surviving a rocky couple of years of staff turmoil and business failures (retail banking, the Apple credit card), Solly gave up his side hustle as DJ D-Sol so he could focus more on his day job, and it seems to be working.
Goldman’s stock has been up, way up, beating rivals JPMorgan and Morgan Stanley in recent months.
The firm had blow-out profits for the first quarter of this year, even as the dealmaking business remains pretty weak.
Can you imagine what might happen when things really pick up?
Solly, as expected, took a victory lap last week during the NY-based investment firm’s annual shareholder meeting — where he easily survived a shareholder vote calling on Goldman’s board to split his job and appoint a separate chairman — even if it all went down in a seemingly odd locale: Red State Utah.
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Mark Zuckerberg’s Meta is reportedly delaying the release of its next artificial intelligence model at least about two months after internal tests showed the tech falling short of rival models from Google, OpenAI and Anthropic.
BuzzFeed on Thursday flagged going concern doubts and said it will not provide a forecast for 2026 as it evaluates strategic options, sending the digital media company’s shares down 7% after the bell.
Two Live Nation employees bragged about slapping customers with exorbitant fees at the entertainment giant’s venues, saying “these people are so stupid” that “I almost feel bad taking advantage of them,” according to court documents released late Wednesday.
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President Trump signaled on Wednesday that he plans to tap into the US Strategic Petroleum Reserve in an effort to bring down rising gas prices.
Zero Bond – the exclusive New York City club beloved by the likes of Jay-Z, Gigi Hadid and former Mayor Eric Adams – is opening a Las Vegas outpost this week.
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After nearly 50 years in Orange County, Yamaha Motor Corp. USA is packing up its headquarters — trading Cypress, California for Kennesaw, Georgia in a sweeping corporate shift that will impact about 250 workers.The motorcycle and motorsports giant says the move is part of major “structural reforms” meant to boost profits as costs climb — including pressure from tariffs imposed during the administration of President Donald Trump and shifting market conditions.
Southern California’s luxury shopping landscape is shrinking as three high-end department store locations prepare to shut their doors.
Stocks went on a rollercoaster ride Monday — with the Dow finishing in positive territory on upbeat comments from President Trump after plunging nearly 900 points on simmering stagflation fears.
Private equity firm KKR is working with advisers on a sale of data center cooling company CoolIT Systems for a price tag potentially exceeding $3 billion, the Financial Times reported on Sunday, citing people familiar with the matter.
John Tatum is one of the most plugged-in businessmen I know, and yet when the bombs started flying over his hotel room in downtown Doha — just a few minutes from the embattled US military facility in Qatar — he was stranded and helpless.