The University of Chicago’s MBA program is the highest-ranked in the US. Getty Images The Booth School of Business is No. 1 on US News & World Report’s 2023 business-school rankings. A Booth student’s annual cost of attendance is estimated at about $115,062. Here are the latest salaries — including signing bonuses — of Booth’s…
Monthly Archives: November 2022
Rapid test device for COVID-19. Massimiliano Finzi/Getty Images A man carried COVID-19 for more than 400 days. The man had mild symptoms, so he did not originally qualify for anti-COVID-19 treatments. Doctors finally cured him using anti-COVID-19 antibodies. A man who had COVID-19 non-stop for more than 400 days was finally cured, a study reporting…
FTX’s former CEO Sam Bankman-Fried. Getty Images Sam Bankman-Fried’s FTX employed a “company therapist” who helped staff with dating, Vice reported. Psychiatrist George Lerner said he was worried staff would quit due to a lack of dating options. Lerner said he would look for “dating options” for staff to improve their lives in the Bahamas. …
Walmart. AP Target reported a weak third quarter and lowered its fourth-quarter guidance. Meanwhile, Walmart sales were up over 8% in the quarter and the retailer raised its full-year outlook. Walmart’s dominance is thanks to its grocery business and an influx of higher-income shoppers. In the big-box battle for Americans’ wallets, Walmart is winning. The…
The Fed study reflects growing pessimism among aspiring homebuyers — especially young homebuyers — as prices have ballooned over the course of the pandemic. skynesher/Getty Images First-time homebuyers are facing one of the toughest real estate markets in decades. The average interest rate on a 30-year fixed mortgage is more than 7%, the highest since…
Dave Limp, Amazon’s head of products. picture alliance / Getty Images Amazon began a round of corporate layoffs Tuesday. It reportedly wants to lay off 10,000 people. Amazon employees have complained of a communications vacuum from leadership. Devices chief Dave Limp emailed his division Wednesday morning to notify them of the layoffs. Amazon began what…
A police officers check documents at a checkpoint near the scene of a blast in Przewodow, Poland, Wednesday, Nov. 16, 2022. AP Photo/Evgeniy Maloletka An explosion in eastern Poland, a NATO country, killed two people on Tuesday. Ukraine rushed to claim the incident was a deliberate Russian attack, while the US and others urged caution….
The roundup: Big Tech firms have faced a tough couple of weeks, with valuations plunging and a raft of layoffs. Nevertheless, many are still proceeding with their push toward offering financial services. If these firms can weather the economic storm, the products they launch still have potential to shake up the industry. Here are Big Tech firms’ latest…
US President Joe Biden. BRENDAN SMIALOWSKI/AFP via Getty Images The Education Department said it is “examining” extending the student-loan payment pause. This comes after two federal courts blocked the department from implementing debt relief. The department said the courts are causing “significant confusion” and “financial harm” to borrowers. President Joe Biden’s Education Department confirmed an…
Back in the 80s and 90s, immersion blenders were often restricted to high-end restaurants and the kitchens of nerdy home cooks. But thanks to improvements in tech, these types of blenders (also known as hand or stick blenders) have become powerful and affordable general-purpose cooking gadgets – especially for people who might not have the…