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Monthly Archives: February 2019

Bank of America to drop Merrill Lynch name and rebrand wealth unit as just ‘Merrill,’ WSJ says

Leon Neal | Getty Images The Bank of America Merrill Lynch offices in the financial district, also known as the Square Mile, on January 24, 2017 in London, England. Two of the most vaunted names in banking are fading into retirement. Bank of America is expected to announce Monday that …

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NFL will take action against Patriots owner Robert Kraft for prostitution case if necessary

Austin McAfee | Icon Sportswire | Getty Images New England Patriots owner Robert Kraft listens to NFL Commissioner Roger Goodell speak to the media over various topics in the league leading up to Super Bowl LIII at the Georgia World Congress Center on January 30, 2019, in Atlanta, GA. The …

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Facebook content moderators describe a stressful work environment

Marlene Awaad | Bloomberg | Getty Images Mark Zuckerberg, chief executive officer and founder of Facebook Inc., listens during the Viva Technology conference in Paris, France, on Thursday, May 24, 2018. Facebook content moderators in the U.S. have resorted to extreme measures to cope with the stress of viewing graphic …

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Facebook pays content moderators a fraction of median salary: report

Al Drago | Bloomberg | Getty Images Mark Zuckerberg, chief executive officer and founder of Facebook Inc., listens during a joint hearing of the Senate Judiciary and Commerce Committees in Washington, D.C., U.S., on Tuesday, April 10, 2018. Facebook pays the moderators responsible for filtering the site’s most disturbing content …

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Bud Light’s Super Bowl ad about corn syrup jeopardizes beer alliance

Chris Ratcliffe | Bloomberg | Getty Images Boxed bottles of Coors Light beer, manufactured by Molson Coors Brewing Co. Anheuser-Busch InBev sparked backlash from corn producer industry groups and rival brewers when it aired a Super Bowl ad that shamed other beer brands for using corn syrup. Now it looks …

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Vodafone CEO defends competition from Huawei at MWC 2019

Lluis Gene | AFP | Getty Images Vodafone Chief Executive Officer Nick Read speaks at the Mobile World Congress (MWC) in Barcelona on February 25, 2019. The CEO of the world’s second-largest mobile operator warned excluding Huawei from Europe’s 5G networks could be “hugely disruptive” to national infrastructure and consumers, …

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I would support Mike Bloomberg for president if he announced tomorrow

KC McGinnis | Reuters Mike Bloomberg, former mayor of New York City, speaks to media after touring the Wind Technology program at Des Moines Area Community College in Ankeny, Iowa, December 4, 2018.  Berkshire Hathaway Chairman and CEO Warren Buffett told CNBC Monday that he would support fellow billionaire and …

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Britain to ban Lebanon’s Hezbollah, class it as terrorism organisation

Ahmad Al-Rubaye | AFP | Getty Images Members of the Shiite Mehdi army militia carry Lebanese Hezbollah flags as they rally in Baghdad’s neighborhood of Sadr City in 2006. Britain said on Monday it would ban Hezbollah, adding the Lebanese Shi’ite group in its entirety to its list of banned …

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Nokia CEO warns 5G implementation in Europe ‘will be delayed’

Paco Freire | SOPA Images | LightRocket via Getty Images Rajeev Suri, president and CEO of Nokia, is seen speaking during a presentation of new products. European firms have been bidding for their share of high-speed airwaves for 5G, with Italy’s government hauling a record $7.6 billion in a spectrum …

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UK and US regulators build Brexit ‘bridge’ for derivatives

Paul Hackett | Getty Images Pedestrians walk past the Bank of England in the City of London, Britain June 28, 2016. Britain and the United States said on Monday that their regulators are taking every step needed to ensure that trillions of dollars in derivatives contracts traded across the Atlantic …

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