Goldman Sachs

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Goldman Sachs requires U.S. employees to report vaccination status

Goldman Sachs is mandating its U.S. employees to report whether or not they've received a COVID-19 vaccine by noon Thursday, reports the New York Times. Why it matters: The federal government has said it is legal for companies to require workers to get vaccinated against the coronavirus. Yet vaccine "passports" are a point of controversy, with several Republican-led states forbidding some private businesses from using them.
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Goldman tells clients to get the best of both worlds with these growth stocks at a reasonable price

With value stocks now outperforming growth stocks, Goldman Sachs recommends a strategy that captures the best of both worlds: growth at a reasonable price. The firm used economic models to predict that value stocks will continue to outshine in the third quarter but that growth stocks will likely take back the lead by early 2022. Goldman acknowledged it's a tough call to make and both styles could look at times like they are breaking out.
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Goldman Sachs staff in US must disclose Covid vaccination status

Goldman Sachs has told its staff in the US that they must disclose their Covid-19 vaccination status before a planned return to office working next week. The investment bank, whose 6,000 UK workers have separately been told they have the option of filling out their status anonymously to give the business an idea of vaccination levels, had previously told US staff that disclosing their inoculation status would be optional.
LifestyleWILX-TV

Cedar Point offering workers $20 per hour in effort to get more applicants

SANDUSKY, Ohio (WILX) - Cedar Point CEO Richard Zimmerman says the park’s new $20 per-hour wage is doing the trick and attracting new, high-quality job applicants. “We’ve seen great response over the last few weeks as we raised our wages,” Zimmerman said while speaking at the 2021 Goldman Sachs Travel & Leisure Conference. “We’ll continue to add back hours and add back days as we get deeper into June.”
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Goldman Sachs memo stirs up debate over employee vaccinations

An internal Goldman Sachs memo obtained by The New York Times offers a glimpse into what is likely to be a fraught issue that companies would like very much to keep under wraps as return-to-work dates near: how to square employees' often conflicting concerns, beliefs and demands about Covid-19 vaccinations.
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Goldman Sachs names the South Korean stocks that could be inflation winners

Goldman Sachs has named the South Korean stocks that could benefit — or lose — from rising inflation in the North Asian country. Investors globally are increasingly worried that an acceleration in inflation would raise operating costs and weigh down profit margins. In South Korea, both producer and consumer prices...
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Dealmakers Bullish About Global M&A Market

The inaugural Bloomberg Deals Summit sponsored by SS&C Intralinks brought together leading dealmakers from the global mergers and acquisitions (M&A) community. In a series of lively discussions discussing best practices on how to navigate the current market, megadeals, diverse routes to market and different growth strategies, well-known industry stalwarts shared their expectations for the coming months.