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The E.S.G. Fight Has Come to This: Bankers Suing Lawyers

In effect, according to the bankers’ legal filing, the demands were “creating an ongoing state surveillance system.” The bankers further claimed that the attorney general was violating their right to […]




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Goldman Sachs Earnings Fall Short of Expectations, Causing Alarm

Goldman Sachs is losing its shine.The doyen of investment banks released quarterly earnings on Tuesday that fell short even of analysts’ lowered expectations. Goldman did not just make significantly less […]




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How Twitter’s Board Went From Fighting Elon Musk to Accepting Him

Twitter’s board had reached the end of the road.It was April 24. Ten days earlier, Elon Musk, the world’s richest man, had made an unsolicited bid to buy Twitter for […]







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As Offices Ease Covid Safety Measures, Workers Worry

Employers are embracing a workplace atmosphere reminiscent of prepandemic times — elevators jammed, snack tables brimming, face coverings optional — even as a new subvariant of the Omicron coronavirus spurs […]




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Why Some Workers Are Getting All the Covid Tests They Need

The latest Covid-19 wave has left millions of Americans scrambling for tests, braving long lines in the cold at pop-up sites or searching furiously online for kits to use at […]




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Why Banks Are Slow to Embrace Cloud Computing

Wells Fargo plans to move to data centers owned by Microsoft and Google over several years; Morgan Stanley is also working with Microsoft. Bank of America has saved $2 billion […]




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Goldman Sachs Follows Wall Street Rivals in Asking Staff to Work From Home

Goldman Sachs told its U.S. employees on Sunday to work from home for the first two weeks of the year, joining Wall Street competitors that had already given similar instructions […]




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Offices Close and Holiday Parties Fade as Omicron Brings New Concerns

As employers weigh vaccine guidelines and adjust their office returns, they also face a more immediate challenge: How will they celebrate the holidays as Omicron spreads? After a year of […]




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Wall Street Warms Up, Grudgingly, to Remote Work, Unthinkable Before Covid

In private, many senior bank executives tasked with raising attendance among their direct reports expressed irritation. They said it was unfair for highly paid employees to keep working from home […]