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News & Updates

May 28, 2020 Goldman is bringing traders back to offices in New York and London in the ‘next several weeks’

Source: CNBC

Goldman Sachs is planning on having some of its traders and other markets personnel return to offices in the U.S. and London in the next few weeks, executive John Waldron said Wednesday at an investor conference.

May 27, 2020 Apple will reopen over 100 US retail stores this week, most with curbside or storefront service only

Source: 9 to 5 Mac

Apple plans to reopen many more of its US retail stores this week as some regions continue to see a decline in new COVID-19 infections and relax stay-at-home orders. The third wave of US reopenings begins tomorrow, with most...

May 19, 2020 U.S. auto industry returns to life after lockdown

Source: Yahoo/Reuters

WARREN, Michigan - The Detroit Three automakers and their suppliers began restarting assembly lines on Monday after a two-month coronavirus lockdown in a slow revival of a sector that employs nearly 1 million people in the United...

May 15, 2020 Oil prices need to stay at this level through Q3 to rebalance this market: Goldman's Currie

Source: YouTube/CNBC

Jeff Currie of Goldman Sachs discusses the global demand outlook for oil and other major commodities as more countries begin to ease lockdown restrictions.

May 11, 2020 Why Goldman's Jan Hatzius believes job losses may be higher than reported

Source: CNBC

Jan Hatzius of Goldman Sachs joins "Squawk on the Street" to discuss the latest jobs number, which saw the unemployment rate soar to 14.7 percent.

May 11, 2020 These companies are hiring rapidly during the crisis

Source: CNN

Millions of American workers have been laid off or furloughed during the coronavirus pandemic, with a record 20.5 million US jobs lost in April. But some companies are still hiring thousands of new employees to keep up with...

May 8, 2020 Lloyd Blankfein says big companies should be ‘very reluctant’ to tap small business relief program

Source: CNBC

“I think over time, the goal posts will shift” from a sense of urgency in disbursing funds to greater scrutiny of companies that shouldn’t have kept them, Blankfein said. “It’s kind of a natural phenomenon, I don’t think it’s bad...

May 7, 2020 4 Silver Linings in Disney's Mixed Financial Results

Source: The Motley Fool

The fiscal second quarter was rough for Disney (NYSE:DIS). Revenue rose sharply as a result of the Fox entertainment assets that it didn't own through most of the prior year's quarter. Earnings, operating income, and all of the...

May 7, 2020 Morning Coffee: 50% of Goldman Sachs could work at home forever

Source: efinancial careers

The gradual inching back to normality seems to have begun at Goldman, with an all-hands memo sent out by David Solomon (and Stephen Scherr and John Waldron) detailing the beginnings of a plan to get people back into the office.

May 5, 2020 J. Crew files for bankruptcy after economic hit from coronavirus pandemic

Source: CBS News

J. Crew, the apparel seller known for its preppy clothing, has filed for Chapter 11 bankruptcy protection, the first major retailer to fail amid widespread business shutdowns across the U.S. aimed at containing the coronavirus.

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