Bank CEO brings back employee 2-week ‘recharge period’ at the end of December

Robin Vince says BNY Mellon employees will circle back to bureaucracy in 2025.Saul Loeb/AFP via Getty Images BNY CEO Robin Vince said the bank is currently in a “recharge period” until 2025. Employees at the finance giant are encouraged to focus on “core business activities. The move is part of a larger push by the bank to … Read more

How the holidays could be affecting your medical care : Planet Money : NPR

Holiday medicine Tatyana/Getty Images hide caption toggle caption Tatyana/Getty Images It’s the holiday season, a time for family, festivities — and shoddy medical practices?! Okay, so maybe that’s a bit alarmist. But a new, holiday-related study has us thinking about how doctors are humans with cognitive biases, quirks, and flaws like the rest of us … Read more

Nordstrom family will take retailer private in $4 billion deal

By Savyata Mishra and Juveria Tabassum (Reuters) -The Nordstrom family teamed up with Mexican retailer Liverpool to clinch a $4 billion deal to take iconic department store chain Nordstrom private, six years after a similar attempt fell short. Nordstrom and rivals such as Macy’s have become enticing takeover targets in recent years as sales have … Read more

Nvidia dominated 2024 big-time. Next year? Plenty of challenges.

Nvidia (NVDA) has had the kind of year most companies can only dream of. Its revenue and stock price soared thanks to prescient investments in artificial intelligence technologies that are paying off handsomely on the back of the generative AI wave. That’s not all. It’s repeatedly swapped places with Apple (AAPL) as the largest publicly … Read more