‘We can no longer keep the arches shining there’: McDonald’s CEO announces plan to start stripping out company symbols from Russia

The burger giant said holding on to its business in Russia “is no longer tenable, nor is it consistent with McDonald’s values.” Read More

Executive pay hit a record high for the sixth year in a row, led by a post-pandemic boom in travel and tech

The average CEO earned $14.7 million in compensation in 2021, according to the Wall Street Journal. Read More

China’s COVID-zero controls have caused an economic slump not seen since the pandemic began

China retail sales and industrial output had greater-than-estimated declines in April in an indication of how China’s COVID-zero policy is hurting the economy. Read More

The frequently long waits for insurance prior approvals frustrate doctors and patients needing treatment

Health plans say that prior authorization requirements help them protect patients’ safety and improve the quality of care, but doctors disagree. Read More

Dow futures fall on Monday following 7 straight weeks of losses

Stock futures fell early on Monday after a week of steep losses that ended on a high note, and ahead of a big earnings week for...

It Might Not Be Time to Buy the Dip. This Expert Sees Stocks Falling Even Lower.

Goldman Sachs calculates a worst-case recession forecast as investors dump stocks and crypto

On cue, global stocks and U.S. futures sank on Monday morning. Read More

Morgan Stanley Says These 3 Stocks Could Surge Over 60% From Current Levels

U.S., Europe race to improve food supply chains after India bans wheat exports

G-7 foreign ministers warned over the weekend that the war in Ukraine is increasing the risk of a global hunger crisis.

Goldman Sachs pushed staff to return to the office. Now the Wall Street bank is giving executives unlimited time off

The increasing competition for talent may be pushing Goldman Sachs to offer more flexible leave policies. Read More

Stock futures fall ahead of a big week of retail earnings

Stock futures fell Sunday evening after a week of steep losses that ended on a high note, and ahead of a big earnings week for retailers.

China has been quietly building a blockchain platform. Here’s what we know

Chinese President Xi Jinping has declared that his country needs to “seize the opportunities” presented by blockchain technology.

Empty-Nesters Aren’t Saving for Retirement Like They Promised. That’s a Problem.

Morgan Stanly Says These 3 Stocks Could Surge Over 60% From Current Levels

China’s economic data disappoint in April as Covid controls weigh

China reported a drop in retail sales and industrial production in April — far worse than analysts had expected.