Finance

A meteoric rise in worker health costs has slowed — but they’re already ‘egregious,’ advisor says

Costs for some key health insurance components have slowed for workers in recent years. While the deceleration is a positive…

Klarna, Europe’s $6.7 billion buy now, pay later firm, sets wheels in motion for eventual IPO

Buy now, pay later firm Klarna has established a holding company in the U.K. that will sit at the top…

Citigroup considers deep job cuts for CEO Jane Fraser’s overhaul, called ‘Project Bora Bora’

When Citigroup CEO Jane Fraser announced in September that her sweeping corporate overhaul would result in an undisclosed number of…

Singapore’s largest bank DBS beats forecast, quarterly profit jumps 17%

Southeast Asia’s largest lender DBS Group reported a 17% jump in third-quarter profit on Monday, benefiting from a high-interest rate…

Berkshire Hathaway posts a 40% jump in operating earnings, cash pile swells to a record $157 billion

Berkshire Hathaway on Saturday reported a big jump in third-quarter operating earnings, while sitting on a record amount of cash…