Citigroup (C) earnings Q4 2023
Citigroup (C) earnings Q4 2023
In this article on Friday posted a $1.8 billion fourth-quarter loss after booking several large charges tied to overseas risks, last year's regional banking crisis and CEO Jane Fraser's corporate overhaul. All told, the charges — so massi...
2024-01-15 09:41:33
JPMorgan Chase (JPM) earnings Q4 2023
JPMorgan Chase (JPM) earnings Q4 2023
In this article said Friday that fourth-quarter declined after paying a $2.9 billion fee tied to the government seizures of failed regional banks last year. Here's what the company reported versus what analysts surveyed by LSEG, formerly kn...
2024-01-15 09:41:26
Airline stocks tumble after Delta trims profit forecast
Airline stocks tumble after Delta trims profit forecast
In this article shares slipped about 9% Friday after the company trimmed its 2024 earnings forecast. Delta forecast full-year earnings per share of $6 to $7, below its previous estimate of more than $7 per share for 2024. Other major airlin...
2024-01-15 09:41:20
Citigroup cutting 10% of workforce in CEO Fraser’s overhaul
Citigroup cutting 10% of workforce in CEO Fraser’s overhaul
said it was cutting 10% of its workforce in a bid to help boost the embattled bank's results and stock price. About 20,000 employees will be let go over the "medium term," New York-based Citigroup said Friday in a tied to . While it wasn't...
2024-01-15 09:41:14
<b>Rubik's Cube at 50: How owner Spin Master is innovating iconic puzzle</b>
Rubik's Cube at 50: How owner Spin Master is innovating iconic puzzle
It took a month of twisting and turning for the first person to solve a Rubik's Cube. That person was Erno Rubik, now 79, the iconic puzzle toy's creator. Conceived as a mathematical tool to help his students understand three-dimensional mo...
2024-01-15 09:41:08
<b>Alaska, Japan airline incidents highlight importance of safety demonstrations</b>
Alaska, Japan airline incidents highlight importance of safety demonstrations
You trudge down the aisle to your seat. You double- and triple-check that you've arrived at the right row. You heave your luggage into the overhead bin and squeeze past your fellow passenger to settle into your seat. Job done. Stress-filled...
2024-01-15 09:41:02
<b>Cancer drugs: Renewed interest in ADCs will continue in 2024</b>
Cancer drugs: Renewed interest in ADCs will continue in 2024
SAN FRANCISCO — An established but promising group of was a in 2023, and more companies could look to the to fuel growth in the year ahead. That was one clear takeaway from the in San Francisco, the nation's largest gathering of biotech a...
2024-01-15 09:40:56
RSV: CDC expedites release of Sanofi, AstraZeneca drug amid shortage
RSV: CDC expedites release of Sanofi, AstraZeneca drug amid shortage
The Centers for Disease Control and Prevention of more than 77,000 additional doses of a new drug designed to protect infants from amid an of the treatment in the U.S. The CDC's move late Thursday to increase the availability of Beyfortus,...
2023-11-24 16:37:19
<b>'Hunger Games: Ballad of Songbirds and Snakes' opening weekend box office</b>
'Hunger Games: Ballad of Songbirds and Snakes' opening weekend box office
"Snow lands on top." It's the mantra of the main character Coriolanus Snow in the upcoming "Hunger Games: The Ballad of Songbirds and Snakes" and the hope of its distributor . The prequel to the $3 billion Hunger Games franchise, based on t...
2023-11-24 16:37:13
Sierra Space lays off hundreds in push toward Dream Chaser launch
Sierra Space lays off hundreds in push toward Dream Chaser launch
Sierra Space, one of the sector's most valuable private companies, laid off several hundred employees and contractors this week, CNBC has learned. A Sierra Space spokesperson confirmed the company let go of about 165 employees on Thursday,...
2023-11-24 16:37:06
Deflation could be coming this holiday, Walmart CEO says
Deflation could be coming this holiday, Walmart CEO says
Shoppers may get an early present this holiday season: falling prices in many gift-giving categories. On Thursday, CEO Doug McMillon said could be coming as general merchandise and key grocery items, such as eggs, chicken and seafood get ch...
2023-11-24 16:36:59
UAW-Stellantis workers ratify new contract
UAW-Stellantis workers ratify new contract
DETROIT – United Auto Workers members at Chrysler owner have ratified a new labor contract following a historically contentious round of bargaining between the union and company, according to preliminary results by the union. The deal is...
2023-11-24 16:36:53
Cadillac Optiq: New entry-level EV crossover
Cadillac Optiq: New entry-level EV crossover
DETROIT – Cadillac's new entry-level electric vehicle will be a compact-sized crossover called Optiq, the company . The brand said the vehicle, which will be its fourth EV, will slot below the current entry-level Lyriq midsize crossover E...
2023-11-24 16:36:47
Tiger Woods new golf league faces dome collapse
Tiger Woods new golf league faces dome collapse
at a Florida dome venue is potentially a big blow to the Tiger Woods and Rory McIlroy-backed tech-infused golf league two months out from its launch. Photos surfaced earlier this week showing that the air-supported SoFi Center dome, located...
2023-11-24 16:36:40
<b>Early Black Friday discounts higher than prior years</b>
Early Black Friday discounts higher than prior years
Early Black Friday discounts were far higher this October compared to prior years, signaling retailers are concerned that demand could be tepid during the crucial holiday shopping season. Promotions across a range of categories, including a...
2023-11-24 16:36:34