Category: Business

GoDaddy CEO Aman Bhutani often returns to a question his parents asked him as a child – one that is especially applicable now. “‘How do you ride a tiger?’” asked Bhutani, 44, a native of New Delhi. “The answer is: You ride a tiger on its neck. And the reason is that if you ride […]

U.S. banks would have no longer than 36 hours after finding a cybersecurity breach to flag the issue to their regulators, under a new rule proposed Friday. The proposal from U.S. banking regulators would direct banks to notify their primary regulator as soon as possible after a breach is discovered that could impair services or […]

JPMorgan Chase & Co said on Friday that Lee Raymond had notified the bank of his intention to step down as a member of the its board at the end of the year. The bank in September had appointed Stephen Burke to take over Raymond’s role as the lead independent director effective Jan. 1. Raymond, […]

Germany’s Volkswagen said on Friday it faced a shortage in the supply of semiconductors and would adjust production at facilities in China, North America and Europe. Semiconductor manufacturers earlier in the coronavirus crisis shifted their output away from the hard-hit auto sector to serve other areas, like consumer electronics, Volkswagen said. But a recovery in […]

Friends and families kept apart by COVID this Christmas and New Year will not find their virtual gatherings over Zoom cut short by the usual 40-minute limit for free subscribers. Zoom Video Communications Inc, whose technology has become a feature of household get togethers in 2020’s socially distanced world, said it was removing the time […]

Rolls-Royce may be the jewel in Britain’s industrial crown, but the coronavirus crisis has left the engine-maker facing one of the toughest challenges in its 114-year history. The Airbus and Boeing supplier bought itself time by raising 5 billion pounds ($6.8 billion) to survive the global grounding of planes, but is warning that 2020 will […]

Retail traders have ridden 2020’s stock market rally better than the professionals, with their most popular picks outperforming market indexes and well-resourced investors such as hedge funds. Online trading platforms have reported a retail rush since the COVID-19 pandemic hit markets in March, with near-zero interest rates and a roaring rebound luring a new generation […]