By Echo Wang (Reuters) -Shares of Donald Trump’s social media company slumped 18% on Monday, extending losses since the stock’s…
Big banks led by Citi continue to trim staff to cut costs
By Niket Nishant and Manya Saini (Reuters) -U.S. banking giants continued to shed employees in the first quarter, with Citigroup…
Bank of America profit hurt by losses on credit cards, office loans
By Saeed Azhar and Mehnaz Yasmin NEW YORK (Reuters) -Bank of America shares on Tuesday fell more than 3% after…
Wall Street bosses cheer investment banking gains but stay cautious
By Tatiana Bautzer and Saeed Azhar NEW YORK (Reuters) – Wall Street’s bosses are finally seeing signs of a broader…
Tesla laying off more than 10% of staff globally as sales fall
By Victoria Waldersee BERLIN (Reuters) -Tesla is laying off more than 10% of its global workforce, an internal memo seen…
Apple denies violating US court order in Epic Games lawsuit
By Mike Scarcella (Reuters) – IPhone maker Apple on Friday denied violating a court order governing its App Store and…
Charles Schwab revenue beats estimates on higher asset management fees
(Reuters) -Charles Schwab’s first-quarter revenue exceeded Wall Street estimates on Monday, helped by a jump in asset management fees and…
Goldman Sachs profit beats as investment banking fuels highest earnings since 2021
By Saeed Azhar and Niket Nishant NEW YORK (Reuters) -Goldman Sachs’ profit beat Wall Street estimates, fueled by a recovery…
Trump, in Pennsylvania, attacks judge as first criminal trial looms
By Jarrett Renshaw and Gram Slattery SCHNECKSVILLE, Pennsylvania (Reuters) -Donald Trump again slammed the judge overseeing his first criminal trial…
Surging US energy shares reflect robust growth, inflation worries
By Lewis Krauskopf NEW YORK (Reuters) -U.S. energy shares are soaring as investors benefit from rising oil prices and a…