Author: arthursheikin@gmail.com

[ad_1] Don’t expect much more upside for Wells Fargo , according to Morgan Stanley. Analyst Betsy Graseck downgraded Wells to equal weight from overweight. Her price target of $95, up from $87, implies a gain of just 2.3% from Friday’s close. With the removal of Wells Fargo’s asset cap after seven years , catalysts for the stock are now scarce, she said. “We were OW Wells heading into the asset cap removal, viewing it as an underappreciated catalyst for faster EPS growth,” the analyst said in a note to clients. Now, “we see more limited upside from here relative to…

[ad_1] 2025-09-29T09:31:02Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Meta CTO Andrew Bosworth shared a four-step plan for resolving workplace conflicts. Bosworth emphasizes seeking valuable feedback in corporate conflict resolution. Bosworth said the approach has helped him understand when he’s having an “emotional reaction.” Workplace conflicts spare no one, and often it’s the C-suite that has to…

[ad_1] By the time Sooraj Kumar landed an interview at Amazon, he’d already sat through more than two dozen interviews during his yearlong job search. While none resulted in an offer, he said those experiences helped prepare him for the tech giant’s notoriously challenging “loop” interview process.Kumar’s job search journey began in January 2022, when he moved to the US from Pakistan to pursue a master’s degree in business analytics at DePaul University. He started looking for full-time employment in November 2022, but said the job market was challenging, in part because he wasn’t yet authorized to work in the…

[ad_1] This is an as-told-to essay based on a conversation with Phil Shawe, the cofounder and CEO of TransPerfect. The company, founded in 1992, has acquired nine companies since January: H2A, Technicolor Games, Apostrophe Group, Bear Down Studios, Blu Digital Group, Speech, MPC, The Mill Studios, and Unbable. The essay is edited for length and clarity.Acquisitions have been near and dear to our strategy. TransPerfect tries to find management teams that are like-minded or have really interesting technology that fits well within our group of technologies.We don’t approach mergers and acquisitions like a private equity firm might, which could involve…

[ad_1] This as-told-to essay is based on a conversation with Varun Goyal, a 25-year-old AI startup engineer, based in California. It’s been edited for length and clarity.In 2022, I was standing at the crossroads between quant trading and tech. It was my final year of undergrad. Blinded by the initial high salary and prestige, I joined a firm as a quantitative strategist for the summer.I was learning so much and working with incredible people, but I was increasingly convinced that I should go back to school. I decided to move from India to the States for my master’s.When I was…

[ad_1] Walmart executive Sravana Karnati has over 25 years of leadership experience at companies like Amazon, Disney, and Oracle — and he looks for two key traits when he hires engineers.”I look for the fundamentals and ability to learn,” the executive vice president of Global Tech platforms told Business Insider.Karnati said while he’s never hired a candidate for “specific knowledge,” he wants to know they have domain expertise. Anyone in a technical position, including those in project manager roles, need to understand the architecture, dependencies, and risks involved in the work they do, the executive said.”It is not about whether…

[ad_1] Jensen Huang said President Donald Trump’s $100,000 H-1B visa fee could put the American dream further out of reach for immigrants.The Nvidia CEO said on an episode of the “BG2 Pod” published Friday that the Trump administration’s move to change America’s H-1B visa program is “a great start,” but added that the $100,000 fee “probably sets the bar a little too high.”The policy “at least eliminates illegal immigration” and abuse of the visa system, but the steep cost might mean more investment outside the US, Huang said.He agreed with tech investor and podcaster Brad Gerstner that the fee also…

[ad_1] Starbucks presented its laid-off baristas with a severance package less than a week after it announced sweeping layoffs and store closures.On Thursday, the Seattle-based coffee giant said it would close about 1% of its stores across North America, which amounts to more than 100 locations. Its flagship Capitol Hill Roastery in Seattle was one of the outlets that will shutter.In addition to the retail staff cuts caused by the store closures, the company announced that 900 non-retail employees would be laid off.Starbucks sent documents of its severance package to laid-off retail employees on Sunday, which Business Insider has viewed.According…

[ad_1] Dmitry Balyasny said chasing a big paycheck is the wrong reason to get into finance, because people who love the game can ride out the ups and downs.In an episode of Bloomberg’s “Master of Business” podcast released on Saturday, the managing partner of $28 billion Balyasny Asset Management said recent college graduates must be passionate about finance, pick growing firms, and ask for feedback.”Don’t go into finance, hedge funds, whatever it is, because your friend is making a lot of money,” Balyasny said. “You’ve got to be interested in the work.””Just because LeBron makes a lot of money doesn’t…

[ad_1] Manny Medina, previously best-known as the founder of sales automation startup Outreach ($4.4 billion valuation), has wowed investors with his young startup, Paid. Paid just closed an oversubscribed $21.6 million seed round led by Lightspeed. With the €10 million pre-seed round it raised in March, London-based Paid has already raised $33.3 million and hasn’t even hit its Series A yet. A source familiar with the deal says the startup’s valuation is over $100 million. Paid came out of stealth in March offering an interesting contribution to the AI agentic world: The company doesn’t offer agents. It offers a way…