Goldman Sachs is spending less on employee compensation and more on ramping up tech ventures.The bank's chief financial officer, Stephen Scherr, said this week that the percent of revenue spent on employee pay is expected to decline as the company…

Intel plans to release data on how much its employees are paid, broken down by gender, race and ethnicity, by the end of this year, the company confirmed to CNN Business on Thursday.The disclosure is related to a new requirement…

The United Auto Workers' national council voted Thursday to recommend its rank and file members ratify a tentative agreement with General Motors.But the union's leadership decided that its nearly 50,000 members won't return to work ahead of the rank-and-file ratification…

Saudi Aramco's long-awaited IPO has been delayed--again.The timing for the blockbuster listing was pushed back to allow the state-run Saudi oil company to publish quarterly results that will provide clarity on the impact of last month's attacks on its oil…

If Democrats want to win in 2020, they have to sharpen their attacks on the Donald J. Trump economy.Moody's Analytics 2020 Presidential Election Model weighs the current economy, politics and voter turnout and projects a second Trump term."If the economy…

Stephen Colbert has signed a new contract that keeps him as host of CBS' "The Late Show" through 2023, the network announced Thursday."I've been asked by CBS to host 'The Late Show' until 2023, and I have every intention of…

It's time for Cannabis 2.0 in Canada.Canada's foray into legal cannabis last year was intentionally slow, methodical and tempered. The forms of recreational cannabis were limited to dry flower (or bud), tinctures and capsules.Canada is marking its one-year anniversary of…

Domino's has run into trouble in Europe.The company that operates the pizza chain's UK franchise has abandoned an expansion into Switzerland, Norway, Sweden and Iceland after its stores there failed to make a profit.Domino's Pizza Group said Thursday that it…

The deal to end the month-long strike at General Motors will not save an assembly plant in Lordstown, Ohio, and two other transmission plants, according to a person familiar with the agreement.In November, GM announced plans to close Lordstown as…

British Prime Minister Boris Johnson says he has secured a "great new deal" on Brexit. But the agreement he's struck with the European Union would erect significant trade barriers for companies operating in the United Kingdom, reduce growth and leave…

Elizabeth Warren doesn't just pose a threat to Wall Street. Her rising 2020 polling numbers are also striking fear in the heart of Big Oil.Warren, currently the odds-on favorite to be the Democratic presidential nominee, wants to ban fracking "everywhere."…

Apple's call to action to get people to use iOS 13 is working: More than half of all iPhone models introduced in the past four years now use iOS 13.The 55% adoption rate is speedy considering the operation system was…

Facebook CEO Mark Zuckerberg is set to deliver what he says is his most "comprehensive take" yet on freedom of expression Thursday in Washington, amid a roiling controversy over how the company handles political speech.Zuckerberg's address at Georgetown University will…

The British pound and UK stocks shot up on news that UK Prime Minister Boris Johnson had clinched a new Brexit agreement with the European Union. Then the political reality set in.Johnson still needs to get his deal through a…

Add Christian Dior to the growing list of Western brands tangling with China.The French fashion house issued an apology Thursday over a map of China used during a presentation that didn't include Taiwan. The small island country is a self-ruled…

One company wants to help farmers adapt to a world of rapidly declining bee populations.Argentina-based startup Beeflow has developed a special nutrient-packed formula for bees meant to boost their immune systems and make them stronger to work better in colder…

A privacy-focused US senator is introducing sweeping legislation on Thursday that imposes sharp penalties on companies and executives who fail to protect consumer data, bringing additional pressure to bear on the tech industry.The bill, known as the Mind Your Own…

Nestlé shareholders could be in for another $20 billion windfall if the maker of Nespresso and KitKat fails to find businesses worth buying.Nestlé, one of the world's largest food companies, closed a $10.3 billion sale of its skincare business at…

In the spirit of Halloween, Xbox is handing out new consoles like candy. All you've got to do is eat a couple chalupas.The gaming giant has partnered with Taco Bell to give away a bundle of Xbox goodies, including a…

Retail and fast food work is notorious for erratic schedules.But new research finds hourly workers of color in the industries have more unpredictable hours and last-minute schedules than their white colleagues.Minority workers, particularly women of color, are "exposed to the…

Happy Thursday. A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here.The pound is climbing on news that the United Kingdom has reached a new agreement with…

Universal has teamed up with tech giant Alibaba, a move that could be a big boost to the entertainment company's efforts to lure Chinese costumers to its upcoming Beijing theme park.The companies announced on Thursday that Universal Beijing will be…

Asian markets were mostly quiet Thursday, but Hong Kong stocks climbed after the financial hub gave its real estate sector reason to cheer.China's Shanghai Composite Index traded flat, while Japan's Nikkei 225 inched up 0.1% and South Korea's Kospi edged…

A version of this article first appeared in the "Reliable Sources" newsletter. You can sign up for free right here.What's the proper way to describe what's going on with the President of the United States? Are newsrooms fully conveying the…