Ceased Ceasefire?

Israeli officials told The New York Times on Thursday that the attack on Iranian facilities linked to the South Pars gas field was coordinated with the US, despite President Trump claiming the US “knew nothing” of the plans to strike the energy infrastructure. The South Pars gas field, shared by Iran and Qatar in the […]

Charles Schwab, Citadel Securities Weigh Entering Prediction Markets Authored by Jesse Coghlan via CoinTelegraph.com, Traditional finance giants Charles Schwab and Citadel Securities are both considering entering prediction markets, with each separately weighing up how they wish to get involved in the fast-growing sector. “I think at some point we likely will have prediction markets,” Rick Wurster, the CEO of the banking and investing titan Schwab, told investors during a call on Thursday. He added that prediction markets weren’t “of tremendous interest” when he recently asked a group of Schwab clients about them, but...

Estée Lauder Accelerates Turnaround, Adds 3,000 Jobs To Chopping Block Beauty and cosmetics giant Estée Lauder is accelerating its workforce restructuring, announcing Friday morning that it will cut another 3,000 jobs, bringing total planned reductions to as many as 10,000 roles. The move is expected to unlock hundreds of millions of dollars in additional savings. Still, it also suggests a deeper reset in the company's workforce after its hiring spree leading up to  Covid, potentially putting a long-term cap on headcount. The owner of Clinique, La Mer, MAC, Aveda, Bobbi...