After blockbuster Microsoft deal, gaming giants are still sitting on $45 billion cash hoard

[#item_full_content]Activision Blizzard, Electronic Arts and other public gaming firms hold $45.1 billion in cash and cash…

As U.S.-China tensions rumble on, fintech unicorn Airwallex pushes into Latin America with Mexico deal

[#item_full_content]Global fintech giant Airwallex said it has acquired MexPago, a rival payments company based out of…

Turbine troubles have sent wind energy stocks tumbling — and a slew of issues remain

[#item_full_content]As the biggest players in wind energy gear up to report quarterly earnings, supply chain issues…

Independent Directors of Terran Orbital Publish Letter to Shareholders

[#item_full_content]BOCA RATON, Fla.–(BUSINESS WIRE)–Today, the independent directors of the Board of Directors of Terran Orbital Corporation…

Big banks are quietly cutting thousands of employees, and more layoffs are coming

[#item_full_content]Job losses in finance could pressure the broader U.S. labor market in 2024. Faced with rising…

As U.S.-China tensions rumble on, fintech unicorn Airwallex pushes into Latin America with Mexico deal

[#item_full_content]Global fintech giant Airwallex said it has acquired MexPago, a rival payments company based out of…

Bank of America tops profit estimates on better-than-expected interest income

[#item_full_content]Bank of America was supposed to be one of the big beneficiaries of higher interest rates.…

Morgan Stanley shares fall over 6% as wealth management results disappoint

[#item_full_content]Morgan Stanley shares fell even as the bank posted better-than-expected profits.

Citigroup reports better-than-expected revenue for the third quarter

[#item_full_content]Friday’s report is the first major update since Citigroup announced a new corporate structure in September.

Wells Fargo shares rise after third-quarter results top Wall Street expectations

[#item_full_content]Wells Fargo surpassed Wall Street expectations for third-quarter earnings and revenue as the benefit from higher…

JPMorgan Chase tops profit expectations on higher rates, benign credit

[#item_full_content]CEO Jamie Dimon acknowledged the bank was “over-earning” on net interest income and “below normal” credit…

Big banks are quietly cutting thousands of employees, and more layoffs are coming

[#item_full_content]Job losses in finance could pressure the broader U.S. labor market in 2024. Faced with rising…

JPMorgan Chase tops profit expectations on higher rates, benign credit

[#item_full_content]CEO Jamie Dimon acknowledged the bank was “over-earning” on net interest income and “below normal” credit…

Wells Fargo shares rise after third-quarter results top Wall Street expectations

[#item_full_content]Wells Fargo surpassed Wall Street expectations for third-quarter earnings and revenue as the benefit from higher…

Citigroup reports better-than-expected revenue for the third quarter

[#item_full_content]Friday’s report is the first major update since Citigroup announced a new corporate structure in September.

Protembis meldet FDA-Freigabe für IDE Zulassungsstudie

[#item_full_content]AACHEN, Deutschland–(BUSINESS WIRE)–Protembis GmbH (Protembis), ein aufstrebendes Medizintechnikunternehmen im Bereich der kardiovaskulären Medizin, gab heute bekannt,…

Bank of America tops profit estimates on better-than-expected interest income

[#item_full_content]Bank of America was supposed to be one of the big beneficiaries of higher interest rates.…

Adidas shares climb after boost from Yeezy sales, guidance raise

[#item_full_content]Adidas on Tuesday hiked its full-year guidance and posted stronger-than-expected third-quarter earnings, aided by sales of…

Morgan Stanley shares fall over 6% as wealth management results disappoint

[#item_full_content]Morgan Stanley shares fell even as the bank posted better-than-expected profits.

Powell says inflation is still too high and lower economic growth is likely needed to bring it down

[#item_full_content]Powell hinted the labor market and economic growth may need to slow to ultimately achieve the…