Category: Business

spot_img

JPMorgan, Citigroup and Other Big Banks See Profits Drop

Lenders foresee economic “headwinds,” but household spending is mostly holding up, buffering profits from turmoil in financial markets.  » mehr lesen

Can Balenciaga Break With Kanye?

The fashion brand and the rapper have had an intense love affair. But after Ye’s White Lives Matter shirt and antisemitic comments, the company may need to be heartless.  » mehr lesen

Fox and News Corp, After Years Apart, Explore Merger

A union would represent an about-face for both companies, which told investors nearly a decade ago that they were better off apart.  » mehr lesen

What the $24.6 Billion Kroger-Albertsons Merger Could Mean for Groceries

Two of the largest U.S. supermarket chains hope to join forces as inflation pushes food prices higher and as Amazon and Walmart become more powerful.  » mehr lesen

After Trading Scandal, a Fed President Corrects His Financial Reports

The Federal Reserve was rocked by scandal over trading by three of its officials. Now, the head of the Atlanta Fed is reporting undisclosed transactions.  » mehr lesen

Nikola Founder Trevor Milton Is Convicted of Fraud

Trevor Milton was accused of boasting about nonexistent technology to inflate the stock price of Nikola, a maker of electric trucks.  » mehr lesen

Elon Musk Foments More Geopolitical Controversy With Ukraine Internet Dispute

The world’s richest man, whose Starlink internet service is critical to the Ukrainian Army, said he could not “indefinitely” fund the system’s use in Ukraine.  » mehr lesen

Morgan Stanley’s 30% Profit Drop Sends Stock Price Down

The Wall Street firm reported lower fees and weaker revenue from trading stocks in the third quarter.  » mehr lesen

Most Popular