Republicans labeled BlackRock as ‘woke.’ Here’s a brief history of how...
BlackRock removed DEI mentions from its annual report amid political pressure.The asset manager has faced criticism from Republicans for being too "woke."Here's how BlackRock has tried to distance itself from the themes it once championed.Many big American companies have been quick to respond to President Donald Trump's pushback on DEI, but none of their steps…
The list of major companies laying off staff this year, including...
Companies such as Meta, Microsoft, BlackRock, and Chevron are conducting layoffs.Artificial intelligence is reshaping some workforces.See the list of companies letting workers go in 2025.Layoffs and other workforce reductions are continuing in 2025, following two years of significant job cuts across tech, media, finance, manufacturing, retail, and energy.While the reasons for slimming staff vary, the…
The list of major companies laying off staff in the new...
Job cuts are continuing into 2025 following waves of reductions last year.Companies such as Meta, Microsoft, BlackRock, and BP are conducting layoffs.See the list of companies letting workers go in 2025.Layoffs and other workforce reductions are continuing in 2025, following two years of significant job cuts across tech, media, finance, manufacturing, retail, and energy.While the…
Meet Bob Steel, the Perella investment banker and former Treasury undersecretary...
Robert Steel has been a Goldman partner, undersecretary of the US Treasury, and CEO of two banks.As vice chair of Perella Weinberg, he's been advising BlackRock on its alternative-asset expansion.He talked to BI about his career, his friendship with Larry Fink, and why he doesn't want to retire.Robert Steel has had the kind of career…
The list of major companies laying off staff in the new...
Job cuts are continuing into 2025 following waves of reductions last year.Companies such as Meta, Microsoft, BlackRock, and BP are conducting layoffs.See the list of companies letting workers go in 2025.Layoffs and other workforce reductions are continuing in 2025, following two years of significant job cuts across tech, media, finance, manufacturing, retail, and energy.While the…
The list of major companies laying off staff in the new...
Job cuts are continuing into 2025 following waves of reductions last year.Companies such as Meta, Microsoft, BlackRock, and BP are conducting layoffs.See the list of companies letting workers go in 2025.Layoffs and other workforce reductions are continuing in 2025, following two years of significant job cuts across tech, media, finance, manufacturing, retail, and energy.While the…
The list of major companies laying off staff in the new...
Job cuts are continuing into 2025 following waves of reductions last year.Companies such as Meta, Microsoft, BlackRock, and BP are conducting layoffs.See the list of companies letting workers go in 2025.Layoffs and other workforce reductions are continuing in 2025, following two years of significant job cuts across tech, media, finance, manufacturing, retail, and energy.While companies'…
The list of major US companies laying off staff in the...
Job cuts are continuing into 2025 following waves of reductions last year.Companies such as Meta, Microsoft, and BlackRock are conducting layoffs.See the list of companies letting workers go in 2025.Layoffs and other workforce reductions are continuing in 2025, following two years of significant job cuts across tech, media, finance, manufacturing, and retail.While companies' reasons for…
JPMorgan is planning a full return to the 5-day-work week. Here...
Wall Street jobs pay well, but work-from-home opportunities tend to be slim. JPMorgan is considering whether to call all its employees back to the office full time. Check out the RTO policies at the biggest financial firms like JPMorgan, Blackstone, and Citadel. Every day it seems as if another company is calling its workers back…
Behind BlackRock’s ambitions to push into private markets
BlackRock is nearing a deal to buy private credit firm HPS Investment Partners.HPS would be another major private markets deal for the $11.5 trillion money manager.BlackRock, known for its ETFs, is hoping a shift to private markets will drive growth.Larry Fink is looking to close 2024 as he started it — by announcing a big…
