ESG will create financial bubbles just like crypto, banking body CEO says

Financial bubbles will form as investors scramble to make deals in the sustainability space, according to Tim Adams, the president and CEO of the Institute of International Finance. Speaking during a panel at CNBC's Sustainable Future Forum on Thursday, Adams said it was inevitable that the current drive toward ESG (environmental, social and governance) would create assets that exceeded their […]

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A Facebook name change could be a great idea — or a terrible one. Just look at Google, Apple and more

For almost two decades, Facebook's name has been virtually synonymous with social media. That might not be so good for the tech behemoth anymore. Facebook is reportedly planning to change its corporate name, according to a Tuesday evening report from The Verge. That rebranding would include the creation of a new parent company: Facebook and its various social media apps, […]

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U.S. Stocks May Continue To Experience Choppy Trading

Following the lackluster performance seen in the previous session, stocks may continue to experience choppy trading on Wednesday. The major index futures are currently pointing to a roughly flat open for the markets, with the Dow futures up by just 3 points. Traders may be reluctant to make significant moves ahead of this afternoon’s release of the minutes of the […]

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Netflix Urged To Remove Dave Chappelle Imagery From Offices Amid “List Of Asks” At Hollywood Walkout; Fired Staffer Denies Leaking Info

The fallout from Dave Chappelle’s harsh words about trans and LGBTQ+ communities in his Netflix special The Closer crested Wednesday with a walkout and rally that saw more than 100 protesters and allies attend, and present their “list of asks” to the company in the wake of the controversy. B. Pagels-Minor, the Netflix employee fired last week from the streamer […]

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UN watchdog warns of damaged ability to monitor Iran's nuclear activity

Fragile measures to monitor Iran's nuclear activity that were established by the U.N.'s atomic energy watchdog are becoming undone, its director-general warned. Grossi said he urgently needed to speak to Iran's new foreign minister to revive this aspect of the agreement, seen as vital to propping up the beleaguered 2015 Iranian nuclear deal. Fragile measures to monitor Iran's nuclear activity […]

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‘Govt won’t own a single share in Air India’

‘The business continuity clause will mean the Tatas will have to keep running the airline for three years, and cannot exit the flying business.’ “Air India has been trying to monetise its residential properties. Monetisation of major buildings, the Vasant Vihar colony in Delhi, will take place after Air India is handed over to the new buyer,” Tuhin Kanta Pandey, […]

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‘This American Life’ Distributor PRX Bolsters Podcast Team With Promotions

EXCLUSIVE: PRX, the public media organization that distributes series including This American Life, has promoted two of its top podcast executives. Julie Shapiro, who has been exec producer of the organization’s podcast network Radiotopia, now becomes Vice President of Editorial at PRX and Radiotopia, while Mardavich, who has served in a number of roles at the business, becomes Senior Director […]

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Jim Cramer says wait to buy On Holding on a pullback, cites supply chain and valuation worries

Investors should wait to buy shares of On Holding, CNBCs Jim Cramer recommended Tuesday. The "Mad Money" host touted the company's financial picture but expressed near-term concern about supply chains. CNBC's Jim Cramer said Tuesday investors should wait to buy shares of On Holding, while stressing he's a fan of the newly public footwear and athletic apparel maker. Right now, […]

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