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Gretchen Morgenson

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846 Articles

Exxon to slash thousands of jobs in major corporate overhaul and comprehensive restructuring plan

Oil giant Exxon Mobil is preparing to cut thousands of jobs worldwide in a corporate reshuffling.A spokesperson for Exxon confirmed…

New York's financial sector losing ground to rivals

New York's status as the U.S. economy's leading financial hub could be slipping as a leading figure in the city's business…

Boeing developing new single-aisle plane to replace 737 Max aircraft: report

Boeing is reportedly developing a new single-aisle airplane that will eventually replace its 737 Max aircraft, which has faced a…

Wealthy investors tap ETFs for three hot assets, according to Goldman Sachs

Some of the world’s wealthiest investors are using exchange-traded funds to access commodities, cryptocurrency and artificial intelligence."We tend to find…

Volkswagen in India: A $1.4 Billion Tax Bill and Mass Resignations – Can the Automaker Hold Its Ground?

At FinancialMediaGuide, we are tracking a critical turning point: Volkswagen Group has begun a large-scale restructuring of its business in…

European Markets: A Paper Rally or the Start of a New Cycle?

At FinancialMediaGuide, we are tracking an intriguing dynamic: European stock markets ended the week with a symbolic gain, but behind…

EA at $50 Billion: Could the Largest Buyout in History Redefine the Future of Gaming?

In the entertainment industry, there are moments that define its future for years to come. At FinancialMediaGuide, we note that…

China’s Industrial Profits Show Growth – But What Lies Behind the Shiny Numbers?

At FinancialMediaGuide, we note that August marked a turning point for China’s industrial sector: profits surged 20.4% year-on-year, lifting results…

Trump administration, Federal Reserve, and CBO release conflicting economic forecasts for next four years

The U.S. economy is at an inflection point as the Federal Reserve cut interest rates for the first time this month…

Two-thirds of Americans back Trump's $1,000 baby savings plan proposal, new survey finds

FIRST ON FOX: A new survey from BlackRock finds that almost two-thirds of Americans like the idea of "Trump accounts"…

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