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Topic: Goldman Sachs

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BofA impresses, Goldman disappoints in first-quarter earnings

U.S. News // 1 year ago

BofA impresses, Goldman disappoints in first-quarter earnings

First-quarter earnings from big lending institutions painted something of a mixed picture, with Bank of America posting healthy returns as Goldman Sachs on Tuesday saw headwinds from its loan portfolio.

Apple announces high-yield saving accounts for card users

U.S. News // 1 year ago

Apple announces high-yield saving accounts for card users

Apple announced a new perk for Apple Card users on Monday, introducing a new high-yield savings account option.

Rep. George Santos announces re-election bid amid investigations into lies

U.S. News // 1 year ago

Rep. George Santos announces re-election bid amid investigations into lies

Rep. George Santos, R-N.Y., who is facing investigations and calls to step down after lying about his background to get elected to Congress, has announced he will seek re-election in 2024.

Big U.S. banks come to rescue of First Republic Bank in $30B deal

U.S. News // 1 year ago

Big U.S. banks come to rescue of First Republic Bank in $30B deal

First Republic Bank, which took a beating after the closure of Silicon Valley Bank and Signature Bank, will be saved in a $30 billion deal with 11 of the largest banks in the United States.

House Ethics Committee announces investigation into Rep. George Santos

U.S. News // 1 year ago

House Ethics Committee announces investigation into Rep. George Santos

The House Ethics Committee announced Thursday that its members had voted unanimously to launch an investigation into Rep. George Santos, R-N.Y., who has admitted to lying about his background while campaigning.

New recording reveals George Santos told judge he worked for Goldman Sachs in 2017

U.S. News // 1 year ago

New recording reveals George Santos told judge he worked for Goldman Sachs in 2017

Embattled New York Rep. George Santos falsely told a Seattle judge that he worked for Goldman Sachs at a 2017 bail hearing for a family friend, according to court records.

House Democrats seek to force vote on expelling George Santos from Congress

U.S. News // 1 year ago

House Democrats seek to force vote on expelling George Santos from Congress

A group of House Democratic lawmakers on Thursday proposed a resolution to the House Ethics Committee to expel Rep. George Santos, the freshman Republican lawmaker who lied about his background and campaign finances.

U.S. Fed gives banks until July to complete climate change risk assessment

U.S. News // 1 year ago

U.S. Fed gives banks until July to complete climate change risk assessment

The U.S. Federal Reserve is giving the country's six largest banks until the end of July to illustrate how climate change could negatively impact their portfolios.

Microsoft will adopt unlimited time off model for salaried employees

U.S. News // 1 year ago

Microsoft will adopt unlimited time off model for salaried employees

Microsoft will switch to an unlimited time off policy for its salaried employees on Jan. 16, according to a company spokesperson. Critics say the policy doesn't account for pressure employees feel to not take days off.

Republican leaders in Rep. George Santos' county call for him to resign

U.S. News // 1 year ago

Republican leaders in Rep. George Santos' county call for him to resign

Nassau County, N.Y., Republican leaders called for embattled representative George Santos to resign on Wednesday. Santos has come under intense scrutiny after a series of fabrications and lies he told were revealed.

Quotes

Consumers continue to shop later in the online holiday season as their trust in on-time delivery grows. While 2005 holiday sales appear to be at the high end of expectations, continued heightened competition could hurt profitability
Online holiday shopping soars Dec 29, 2005

The fifth annual proprietary eSpending survey will provide important data points that will enable us to assess online consumer spending levels, drivers of preference, and levels of satisfaction throughout the holiday season
Gas prices to increase online shopping Nov 08, 2005

What I wonder is if the decision to pursue the Saturday edition isn't a tacit acknowledgement that their core franchise is challenged, that the base business is less attractive than it used to be
Saturday Wall Street Journal planned Jun 20, 2005

The technology services business has changed, and IBM's operations have to change with that shift
IBM to lay off 10,000, mostly in Europe May 05, 2005

I have made no final decisions regarding my next career and any conclusions drawn about future plans are premature
Gephardt poised to join Goldman Sachs Mar 15, 2005

The Goldman Sachs Group, Inc. is a global investment banking and securities firm which engages in investment banking, securities services, investment management and other financial services primarily with institutional clients. Goldman Sachs was founded in 1869, and is headquartered at 200 West Street, in the Lower Manhattan area of New York City. The firm has offices in all major international financial centers, and provides mergers and acquisitions advice, underwriting services, asset management, and securities services to its clients, which include corporations, governments and high net worth individuals around the world. The firm also engages in proprietary trading and private equity deals. It is a primary dealer in the United States Treasury security market.

Former employees Robert Rubin and Henry Paulson served as United States Secretary of the Treasury after leaving the firm; Rubin under President Bill Clinton and Paulson under George W. Bush.

Goldman Sachs was founded in 1869 by German immigrant Marcus Goldman. In 1882, Goldman's son-in-law Samuel Sachs joined the firm. In 1885, Goldman took his son Henry and his son-in-law Ludwig Dreyfuss into the business and the firm adopted its present name, Goldman Sachs & Co. The company made a name for itself pioneering the use of commercial paper for entrepreneurs and was invited to join the New York Stock Exchange in 1896.

FULL ARTICLE AT WIKIPEDIA.ORG

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It uses material from the Wikipedia article "Goldman Sachs."