The JPMorgan Chase CEO said that cryptocurrencies have been a “waste of time.”
Greta Thunberg says Davos elite are prioritizing greed and short-term profits over people and the planet
Thunberg said it was “absurd” that the world seems to be listening to Davos delegates rather than those on the frontlines of the climate emergency.
The UK is fiscally unstable, says North Sea oil CEO
The U.K. is fiscally unstable and its government is indulging in “short-termism” by slapping oil majors with windfall taxes, according to Amjad Bseisu, CEO of EnQuest.
Morgan Stanley downgrades Roblox, says it’s time to sell the video game stock
The firm downgraded shares of the video gaming company to underweight from equal weight, saying upside is limited from here.
Hertz is bringing thousands of EVs and chargers to the city of Denver in a broad new partnership
Hertz will add more than 5,000 electric vehicles to its Denver rental fleet, will install public EV chargers and will offer training in and around the city.
Ad mogul sees Meta rebounding ‘extremely strongly,’ Amazon ad revenue hitting $100 billion
Advertising titan Martin Sorrell believes Meta will rebound “extremely strongly this year” and sees a promising outlook for U.S. tech giants, despite a bruising 2022 and mass layoffs.
Davos crypto crowd distance themselves from FTX and Sam Bankman-Fried: “It’s fraud”
Executives at Davos said the FTX collapse was not a crypto problem but alleged “fraud” by Sam Bankman-Fried.
‘Discriminatory’ measures in U.S. Inflation Reduction Act still need addressing, top EU minister says
Valdis Dombrovskis said the EU and U.S. should be “building transatlantic value chains” for the green transition, “not breaking them apart.”
Top pharma CEO says Covid likely to become endemic, urges investment in pandemic preparedness
Novartis CEO Vas Narasimhan made clear that world leaders must learn from the coronavirus crisis to be in a better place for future pandemics.
Death toll from Dnipro strike rises; Wagner mercenaries claim capture of village outside Bakhmut
Zelenskyy said a helicopter crash that killed his colleagues was a consequence of the war. Russia says it has initiated a criminal case against a U.S. citizen.