Wall Street Says Paris Je T'aime & Apple Scraps Its Electric Car

Wall Street Says Paris Je T'aime & Apple Scraps Its Electric Car

Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:

(1) Wall Street's biggest banks have seen staffing levels surge in Paris despite the fact that many of those firm's top bosses feel constrained by the country's strict labor laws.

(2) Apple is cancelling a decade long effort to build an electric car, according to people with knowledge of the matter, abandoning one of the most ambitious projects in the history of the company.

(3) Central bankers around the world have traditionally been scrupulous about insisting on their independence from politics. But the rise of anti-democratic groups and populists around the world has spurred European policymakers to step into the fray.

(4) The Bank of England may sell all the UK government bonds bought under quantitative easing to better prepare for a future crisis, a move that would put it at odds with the US Federal Reserve.

(5) Deutsche Bank's decision to force workers into the office more frequently has met with fierce internal criticism, demonstrating the challenges in reversing a policy introduced during the Covid pandemic.

See omnystudio.com/listener for privacy information.

Episoder(1046)

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Bank of England Decision, US Jobs Report,  and More

Bank of England Decision, US Jobs Report, and More

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US Syria Strikes, Iran War Warning & EY Partner Pay Cut

US Syria Strikes, Iran War Warning & EY Partner Pay Cut

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UPDATE: Israeli Army Gaza Raids, Hostage Pause Call & Bank Results

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On today's podcast: (1) Israel says it made limited ground raids against Hamas targets in northern Gaza overnight before withdrawing. (2) Netanyahu told Israelis a ground invasion is being prepared as...

26 Okt 202314min

Israel Ground Invasion Hostage Delay & Morgan Stanley's New CEO

Israel Ground Invasion Hostage Delay & Morgan Stanley's New CEO

On today's podcast: (1) Netanyahu told Israelis a ground invasion is being prepared as the country's military continues to target Hamas's leadership in Gaza. (2) US President Joe Biden said he asked I...

26 Okt 202316min

UPDATE: Israel UN Resignation Demand & European Bank Earnings

UPDATE: Israel UN Resignation Demand & European Bank Earnings

On today's podcast: 1) The Israeli ambassador to the United Nations demanded that Secretary-General Antonio Guterres resign for saying Hamas's Oct.7 attack on Israel didn't happen in a vacuum, capping...

25 Okt 202317min

Israel Demands Resignation Of UN Chief, Bank Earnings & Bonus Cap Scrapped

Israel Demands Resignation Of UN Chief, Bank Earnings & Bonus Cap Scrapped

On today's podcast:(1) Israel demands the resignation of the UN Secretary-General as tensions flare at a Security Council meeting over the Israel-Hamas war. (2) Deutsche Bank to step up payouts as len...

25 Okt 202316min

UPDATE: Hostages Freed, Barclays Earnings Disappoint, & UK Jobs

UPDATE: Hostages Freed, Barclays Earnings Disappoint, & UK Jobs

On today's podcast:(1) Hamas frees two more hostages from Gaza as the US sends more forces to the Middle East with world leaders calling for aid.(2) Barclays missed estimates at its investment bank an...

24 Okt 202315min

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