October 19, 2023

Markets Now

How billion-dollar fines are reshaping digital communications in banking

In a workplace that’s become increasingly dominated by instant messaging apps like Slack, global banks (and regulators) are taking unprecedented steps to police how their employees communicate.  
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Harvard and UPenn donors are furious. It may have a financial domino effect

Influential donors to Harvard University and the University of Pennsylvania say they will cut their ties to the schools in protest of college administrators’ response to alleged anti-Israel speech and antisemitism on campuses in the wake of Hamas’ terror attacks.  
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Video: Inside Atlanta's new private, luxury airport terminal

The new private terminal at Hartsfield-Jackson Atlanta International Airport offers personal TSA screenings, caviar, and a chauffeur to take you directly from the plane to your home or hotel. CNN’s Coy Wire finds out if the steep membership fees are truly worth the price of admission.  
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AirAsia chief Tony Fernandes criticized after posting shirtless massage photo on LinkedIn

AirAsia boss Tony Fernandes has created a firestorm on social media after sharing a photo of himself receiving a massage topless during a management meeting.  
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Nestlé is closing an infant formula factory as China's birth rate plunges

Nestlé plans to close a plant in Ireland that makes baby formula, citing a sharp drop in China’s birth rate, in a fresh example of the far-reaching implications of China’s demographic crisis.  
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Nokia says it will cut up to 14,000 jobs

Nokia will slash up to 14,000 jobs in a major cost-cutting drive, it said in a statement on Thursday.  
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Source: CNN Business

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