Money

Sony Latest Company to Announce Mass Layoffs

If you’re at all old enough to recall the “dot-com bubble” bursting in the early aughts, the current state of the tech industry should seem depressingly familiar to you. Back in the mid-’90s, with the advent of the internet, online e-commerce was booming at unprecedented levels, and businesses invested in that market — to a […]

Powerful Banker Jacob Rothschild Dies at 87

British financier Jacob Rothschild has died, according to an announcement from his family on Monday. No cause of death was initially reported. He was 87. Rothschild was a “senior member of one of Europe’s best-known banking dynasties,” CNBC noted in its coverage of his passing. In its statement, his family described Rothschild as “a superbly […]