Flying Taxi Concepts Gain Traction But Practical Challenges Remain

Urban Air Mobility (UAM) is suggested by some industry participants and investors to be the next big disruptor in air transportation. It’s envisioned that Jetson-like, small flying pods, often battery powered, will whisk passengers on short intra-city or regional hops starting with the press of an app, all while leaving an ecologically friendly footprint at […]

Deutsche Bank poaches an MD from Citi to grow tech investment-banking

Deutsche Bank hired Mark Garcia as a new MD in tech investment banking, according to memo seen by Insider. Garcia joins Deutsche Bank from Citigroup. He will officially start in mid-April. Garcia was a co-head of semiconductor and electronics investment banking at...

Education Secretary Nominee Calls for Investment in Pandemic Recovery

new video loaded: Education Secretary Nominee Calls for Investment in Pandemic Recovery transcript Back transcript Education Secretary Nominee Calls for Investment in Pandemic Recovery During his confirmation hearing, Miguel A. Cardona, President Biden’s nominee for...

McKinsey fires investment bank researchers after policy breaches

McKinsey has fired or suspended several members of its investment banking research team as it investigates violations of its policies, in an embarrassing blow to the consultancy giant’s fledgling attempt to become a dominant provider of industry insights to Wall...