For the very first time ever, a woman was named as the Chief executive of a major Wall Street bank.
Yesterday, for the very first time ever, a woman was named as the Chief executive of a major Wall Street bank. Citigroup Inc appointed consumer banking head, Jane Fraser, as its next global CEO. She is set to take up the position in February 2021 when current CEO Michael Corbat steps down. Click here to read more
The NFL is partnering with Microsoft to launch a version of Microsoft Teams that will let fans virtually attend games and cheer along with the players when they score a touchdown. Microsoft describes this NFL version as “virtual mirrors” or LED screens that will appear in each end zone during NFL games. Click here to read more
Fitness equipment maker, Peloton (NASDAQ: PTON), said in its earnings reports that Q4 sales surged 172% due to massive demand for its stationary bike and treadmill. The company ended the quarter with more than 1.09 million subscribers, up 113% from 2019. Shares climbed about 8% on the news. Click here to read more
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Here are the biggest movers in pre-market trading
1. Oracle’s stock jumped as the company reported better than expected earnings. Click here to read more
2. Disney expects to reopen a little over 50% of its hotels by the end of the fiscal year. Click here to read more
Today we remember all the people who were lost in the tragic events of September 11, 2001 (9/11). May the souls of the departed rest in peace.
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