Business

UK banks given new targets to boost working class senior hires

[ad_1] The U.K.’s financial services sector has been issued new targets for at least half of senior leaders to come from working-class or lower socio-economic backgrounds by 2030. Sopa Images | Lightrocket | Getty Images LONDON — The U.K.’s financial services sector must do more to “break the ‘class’ ceiling,” …

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SM Entertainment to set up Southeast Asia HQ in Singapore

[ad_1] SM Entertainment’s SMTown entertainment complex in Seoul, South Korea, in 2015. SM Entertainment declined to say how much the company is investing into its Southeast Asian expansion, but said it’s “in the midst of hiring more local talents, which will hopefully increase the full-time staff count.” SeongJoon Cho | …

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Use Wednesday’s rally to reposition into profitable stocks

[ad_1] CNBC’s Jim Cramer urged investors to use the market’s rally on Wednesday to recalibrate their portfolios. “Use this moment to pivot yourself. Get out of the stocks I’ve been railing against for a full year,” he said, adding, “Get into the stocks of companies that make things and do …

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Amazon CEO says Prime could become ‘standalone business’

[ad_1] Amazon (AMZN) could potentially spin off its Prime streaming unit as a separate company, CEO Andy Jassy said Wednesday. During a wide-ranging interview at the The New York Times’ DealBook Summit , Jassy said that “overtime we have opportunities to make our Prime video business a standalone business that …

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CDC will test sewage for virus in communities outside New York

[ad_1] The U.S. will expand polio wastewater surveillance to communities with low vaccination rates outside the New York City metro area, after an outbreak over the summer left an unvaccinated adult paralyzed and raised questions about how widely the virus may be circulating. The Centers for Disease Control and Prevention, …

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Wall Street’s bullish on 3 Club stocks Wednesday

[ad_1] Apple (AAPL), Constellation Brands (STZ) and Ford Motor (F) were subject to Wall Street research on Wednesday. Here’s the latest analyst commentary on these Club holdings, along with our view. Apple Analyst take: Baird lowered its estimate for iPhone manufacturing in Apple’s fiscal first quarter by 8 million units, …

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