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How Much Venture Capitalists Donated to Political Campaigns This Election

VCs are lobbing cash at the presidential election and key congressional races, FEC data shows. While most VCs favored Democrats, a16z’s crypto giving dwarfed all other donations. The top individual

Workers Want Pay Raise to Come Back to Office: Survey

Workers value remote work as much as a 7% to 8% pay increase, a new survey finds. Hybrid work is especially valued by workers in their 30s with kids and

Why Finance Giants Like Goldman and Blackstone Want to Perfect Search

Finance firms and fintech startups are trying to use generative AI to improve search capabilities. Search is a complex and challenging technical problem, but AI could make it a lot

How Blackstone Made 18,000 Workers Owners of Their HVAC Company

Private equity is sharing profits with employees to boost returns. Earlier this year, Blackstone rolled out an ownership plan for employees of HVAC company Copeland. Here’s how it works, who

Two Sigma Exec in Vaunted “Techniques” Unit Leaves for Cubist

A senior Two Sigma quant researcher is leaving for Cubist. Kan Huang co-led a key machine-learning unit known as techniques forecasting. Jin Choi, Huang’s interim cohead, has been named sole

Things Are Looking up for Wall Street. Goldman’s 3Q Results Show Why.

Goldman Sachs reported a 45% surge in profits on Tuesday, fueling hope for a dealmaking rebound. The firm pointed to growth in core businesses like M&A advisory and stock and

Russia Economy: Steeper Losses for Firms Trying to Exit Nation, Report Says

Russia is reportedly tightening the screws on firms looking to exit the country. Companies looking to sell their operations will now do so at a 60% discount, sources told Bloomberg.

EY Delays Starts for Some New Hires Amid Business Slowdown

EY has delayed start dates for some of its new hires for a second consecutive year. The consulting giant said the move reflected “the current M&A environment and our business

Can’t Get Into Consulting? What to Do Instead: Harvard Career Advisor

Jobs at consulting firms have long been prized by new grads and MBAs. A Harvard career advisor says there are other ways to jump-start your career beyond consulting. He recommends