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Search resuls for: "Angel Au"


22 mentions found


☆ Fintechs Look to Cost Cuts and Layoffs
  + stars: | 2023-11-09 | by ( Angel Au-Yeung | ) www.wsj.com   time to read: 1 min
High interest rates have put many financial-technology companies in a tight spot. They are trying to course-correct by cutting jobs and other costs. Investment in private fintech companies fell 46% globally in the third quarter compared with the same period last year, according to research firm CB Insights. The number of deals slid back to 2017 levels.
Organizations: Investment
☆ Angel Au-Yeung — Reporter at The Wall Street Journal
  + stars: | 2023-11-04 | by ( Angel Au-Yeung | Peter Rudegeair | Berber Jin | ) www.wsj.com   time to read: 1 min
Angel Au-YeungAngel Au-Yeung is a reporter in The Wall Street Journal's finance bureau. Her stories explore how some of the largest financial institutions and investors influence corporate America and Main Street. She joined the Journal from Forbes, where she was a staff writer. During her five years at Forbes, she won two Society for Advancing Business Editing and Writing awards. She is co-writing a biography about Tony Hsieh, which will be published by Henry Holt & Co., an imprint of Macmillan Publishers.
Persons: Angel, Angel Au, Tony Hsieh, Henry Holt Organizations: Forbes, Society, Henry Holt & Co, Macmillan Publishers Locations: America, Russian
☆ Block’s Stock Price Is Down 80%. Enter CEO Jack Dorsey.
  + stars: | 2023-11-04 | by ( Angel Au-Yeung | Peter Rudegeair | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/block-ceo-jack-dorsey-stock-ca9e84ff
Persons: Dow Jones
☆ Outage at Payments-Platform Square Puts Merchants in a Bind
  + stars: | 2023-09-08 | by ( Angel Au-Yeung | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/entrepreneurship/outage-at-payments-platform-square-puts-merchants-in-a-bind-edfa35f
Persons: Dow Jones
☆ Visa, Mastercard Prepare to Raise Credit-Card Fees
  + stars: | 2023-08-30 | by ( Angel Au-Yeung | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/visa-mastercard-prepare-to-raise-credit-card-fees-ed779be1
Persons: Dow Jones Organizations: mastercard
☆ Dan Schulman Took PayPal to New Heights. He’s Having a Bumpy Landing.
  + stars: | 2023-08-19 | by ( Peter Rudegeair | Angel Au-Yeung | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/c-suite/dan-schulman-took-paypal-to-new-heights-hes-having-a-bumpy-landing-ee0089cf
Persons: Dow Jones, schulman Organizations: paypal
☆ This Payments Company Is Winning Big After SVB Collapse
  + stars: | 2023-08-10 | by ( Angel Au-Yeung | Peter Rudegeair | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/this-payments-company-is-winning-big-after-svb-collapse-f4642e3f
Persons: Dow Jones
☆ Silicon Valley Money Men Are Buzzing About Robert F. Kennedy Jr.
  + stars: | 2023-07-18 | by ( Angel Au-Yeung | Berber Jin | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/silicon-valley-money-men-are-buzzing-about-robert-f-kennedy-jr-3b5dea5e
Persons: Dow Jones, kennedy, 3b5dea5e
☆ Robinhood Lays Off About 7% of Its Full-Time Employees
  + stars: | 2023-06-27 | by ( Hannah Miao | Angel Au-Yeung | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/robinhood-lays-off-about-7-of-its-full-time-employees-2111cb48
Persons: Dow Jones
☆ The Anti-Woke Presidential Candidate Who Wants to Crush ESG and Gut the Fed
  + stars: | 2023-05-27 | by ( Peter Rudegeair | Angel Au-Yeung | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/the-anti-woke-presidential-candidate-who-wants-to-crush-esg-and-gut-the-fed-a486fdc
☆ Inside the ‘Great Race’ at BlackRock: Who Will Replace Larry Fink?
  + stars: | 2023-05-14 | by ( Angel Au-Yeung | ) www.wsj.com   time to read: 1 min
Larry Fink co-founded BlackRock in 1988 and has spent 35 years nursing it into the world’s largest asset manager. Now, half a lifetime later, he has one big task left: deciding who will take it over.
☆ How a Tech Star Lost His Way
  + stars: | 2023-04-25 | by ( Ellen Barry | ) www.nytimes.com   time to read: +1 min
WONDER BOY: Tony Hsieh, Zappos and the Myth of Happiness in Silicon Valley, by Angel Au-Yeung and David JeansA few chapters into “Wonder Boy,” Tony Hsieh sells his first company to Microsoft for $265 million. At 24, he is fabulously rich and one of the rising stars in the tech firmament. So he sits down to write a list of the happiest periods in his life. “Connecting with a friend and talking through the entire night until the sun rose made me happy,” he writes. Lying on the freezing ground on a filthy blanket, he suffered smoke inhalation that would kill him.
☆ Late Zappos CEO Tony Hsieh devised a '10X' scheme to spend his wealth in the last weeks of his life. Here's how those close to him took advantage of it.
  + stars: | 2023-04-24 | by ( Rosalie Chan | ) www.businessinsider.com   time to read: +3 min
Former Zappos CEO Tony Hsieh died in 2020 following injuries he sustained in a house fire. Hsieh devised a scheme called "10X" that demanded achievement in multiples of ten, Forbes reported. In the last weeks of his life, the former Zappos CEO Tony Hsieh spent much of his wealth in a scheme he devised called 10X. The LLC had $10 million to fund documentary film projects, which entitled Grande to a $1 million commission. The 10X scheme sometimes caused disputes.
☆ BlackRock Profit Falls 19%
  + stars: | 2023-04-14 | by ( Angel Au-Yeung | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/blackrock-blk-q1-earnings-report-2023-de1c1eba
☆ How Bank Oversight Failed: The Economy Changed, Regulators Didn’t
  + stars: | 2023-03-24 | by ( Andrew Ackerman | Angel Au-Yeung | Hannah Miao | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/how-bank-oversight-failed-the-economy-changed-regulators-didnt-7dbb842d
☆ Conservatives Have a New Rallying Cry: Down With ESG
  + stars: | 2023-02-26 | by ( Julie Bykowicz | Angel Au-Yeung | ) www.wsj.com   time to read: 1 min
WASHINGTON—Conservative activists are coordinating a multimillion-dollar national campaign to make ESG the next CRT. Their goal: Transform the acronym for environmental, social and corporate-governance investing into a rallying cry against “woke capitalism,” much the way critical race theory became shorthand for broader criticisms about how race is taught in schools. The same conservative money is behind both efforts, documents and interviews show.
☆ Crypto Firm FTX Landed in the Bahamas With a Bang, and Now the Bahamas Is Picking Up the Pieces
  + stars: | 2022-11-25 | by ( Matt Grossman | Angel Au-Yeung | ) www.wsj.com   time to read: 1 min
NASSAU, Bahamas—Last year, an FTX executive walked into a bank office here and put $4.5 million of the company’s money behind an ambitious plan to buy an oceanside parcel of land and turn it into the crypto giant’s new headquarters. The executive, Ryan Salame , closed the deal in short order, people familiar with the matter said, just part of the company’s whirlwind real-estate shopping spree in and around Nassau. In April, the Bahamas prime minister appeared with FTX executives at a ceremonial groundbreaking on the new land. But construction never really got under way. FTX collapsed this month, its real-estate holdings now subsumed in bankruptcy.
☆ They Lived Together, Worked Together and Lost Billions Together: Inside Sam Bankman-Fried’s Doomed FTX Empire
  + stars: | 2022-11-19 | by ( Alexander Osipovich | Caitlin Ostroff | Patricia Kowsmann | ) www.wsj.com   time to read: 1 min
NASSAU, Bahamas— Sam Bankman -Fried’s $32 billion crypto-trading empire collapsed in an incandescent bankruptcy last week, prompting irate customers, crypto acolytes and Silicon Valley bigwigs to ask how something that seemed so promising could have imploded so fast. The emerging picture suggests FTX wasn’t simply felled by a rival, or undone by a bad trade or the relentless fall this year in the value of cryptocurrencies. Instead, it had long been a chaotic mess. No one could say exactly what belonged to whom. Prosecutors are now investigating its collapse.
☆ This Former BlackRock Executive Says ESG Investment Model Is Broken
  + stars: | 2022-11-12 | by ( Angel Au-Yeung | ) www.wsj.com   time to read: 1 min
Encouraging renewable-energy alternatives to coal-fired power plants is a goal of environmental, social and governance, or ESG, investment. Terrence Keeley had been at BlackRock Inc. for about a decade when he reached a contrarian conclusion: ESG doesn’t work. Mr. Keeley spent much of his time at the asset manager overseeing a group that nurtured relationships with central banks, finance ministries, family offices and sovereign-wealth funds. Under pressure from politicians and activists, some of these investors were looking to distance themselves from companies that fall short on environmental, social and governance factors. BlackRock obliged, helping clients funnel money toward companies whose values they share.
☆ This Powerful BlackRock Team Has the Ear of Governments and Megabanks
  + stars: | 2022-10-20 | by ( Angel Au-Yeung | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/this-powerful-blackrock-team-has-the-ear-of-governments-and-megabanks-11666235717
☆ BlackRock Takes Heat From New York City Over Climate Stance
  + stars: | 2022-09-22 | by ( Angel Au-Yeung | ) www.wsj.com   time to read: 1 min
The official responsible for New York City’s public pension funds is pressing BlackRock to recommit to achieving net zero emissions across its investment portfolio. In a letter Wednesday to BlackRock Chief Executive Larry Fink , New York City Comptroller Brad Lander said the asset manager’s voting record in the 2022 proxy season and recent public statements have him concerned that BlackRock is backtracking on its climate commitments.
☆ Natural Resources News: Lumber, Paper and Forestry
  + stars: | 2022-09-14 | by ( Rhiannon Hoyle | Joseph De Avila | Timothy Puko | ) www.wsj.com   time to read: 1 min
BusinessThe Russian steel magnate, who was sanctioned by the U.S., the European Union and the U.K. following the invasion of Ukraine, is exploring options to restructure ownership of his businesses to ease the burden of Western sanctions, according to people familiar with the matter.
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