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Zoom investor tells startup founders: ‘Forget the past three years’ and accept 50% valuation hit

Eugene Zhang, founding partner of Silicon Valley VC firm TSVC Spencer Greene, general partner of TSVC Courtesy: TSVC Eugene Zhang,…

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National average for a gallon of gas drops below $4

A customer pumps gas at an Exxon gas station on July 29, 2022 in Houston, Texas. Brandon Bell | Getty…

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Apple Card’s rapid growth, outside vendors blamed for mishaps within Goldman’s credit-card business

Apple CEO Tim Cook introduces Apple Card during a launch event at Apple headquarters on Monday, March 25, 2019, in…

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Berkshire Hathaway reports operating earnings surge, but posts big investment loss amid market rout

An Andy Warhol-like print of Berkshire Hathaway CEO Warren Buffett hangs outside a clothing stand during the first in-person annual…

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A ‘shakeout’ among mortgage lenders is coming, according to CEO of bank that left the business

A sign hangs from a branch of Banco Santander in London, U.K., on Wednesday, Feb. 3, 2010. Simon Dawson |…

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Business

Here’s where the jobs are for July 2022 — in one chart

Zoom In IconArrows pointing outwards Bureau of Labor Statistics The U.S. economy added many more jobs than expected last month,…

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JPMorgan hires scientist Charles Lim to help protect financial system from quantum-supremacy threat

Dr. Charles Lim, Global Head of Quantum Communications and Cryptography, JP Morgan Chase Courtesy: JP Morgan Chase JPMorgan Chase has…

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PayPal veteran Jim Magats is named CEO of MX, the startup that connects banks and fintech players

Jim Magats, former PayPal executive who is being named CEO of the startup MX Photo: Tom Cook MX, the startup…

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Goldman Sachs crushes analysts’ expectations on strong bond trading results, shares rise 3%

Goldman Sachs on Monday posted profit and revenue that exceeded analysts’ estimates as fixed-income traders generated roughly $700 million more…

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Stock futures inch higher ahead of a busy week of earnings

U.S. stock index futures were modestly higher during overnight trading Sunday as Wall Street looks ahead to a busy week…

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