Braid, a four-year-old startup that aimed to make shared wallets more mainstream among consumers, has shut down. Founded in January 2019 by Amanda Peyton and Todd Berman (who left in 2020), San Francisco-based Braid set out to offer friends and family an FDIC-insured, multi-user account that was designed to make...
Writers Guild of America (WGA) East members walk a picket line at the Paramount+ Summit outside the Paramount Building in Times Square on May 17, 2023 in New York City. Alexi Rosenfeld | Getty Images Entertainment | Getty ImagesThe Writers Guild of America has officially ratified its new three-year contract...
Hispanic inclusion in corporate America lagged last year, particularly in three key areas — C-Suite representation, talent development and supplier procurement — according to the Hispanic Association on Corporate Responsibility's 2023 Corporate Inclusion Index.While Hispanics make up 18% of the U.S. workforce, according to the Bureau of Labor Statistics,...
General Electric has settled a long-running lawsuit over the funds in its 401(k) plan for $61 million, one of the biggest settlements in ERISA litigation history. Court records filed last Friday disclosed the amount, which the company had agreed to in August but which previously had not been released publicly....
A financial industry group Monday called on the SEC to withdraw a proposal targeting potential conflicts of interest related to the use of artificial intelligence by financial professionals because the regulation could harm retirement savers. Under the rule proposal the Securities and Exchange Commission released in August, investment advisors and...
Scene from the upcoming film: The Exorcist: Believer.Universal Studios"The Exorcist: Believer" possessed the box office during its opening weekend, but industry experts wonder if it will continue to turn heads in the weeks to come.The Universal and Blumhouse collaboration, the first of three planned films, tallied $26.5 million during...
The USS Truxtun (DDG-103) destroyer sits in dry dock at the General Dynamics Corp. NASSCO shipyard facility on the Elizabeth River in Norfolk, Virginia, on Jan. 9, 2018.Luke Sharrett | Bloomberg | Getty ImagesCheck out the companies making headlines in midday trading.Spotify — Shares of the music streaming service...