The fight between red states and BlackRock, the world’s largest asset manager, has been a gawker’s delight. Republicans don’t normally line up to punch the chief executive of a giant Wall Street firm in public. In places like Louisiana and North Carolina, however, that’s exactly what’s been happening to LaurenceContinue Reading
Think of the payments as cash, said Jennifer White, senior director of banking and payments intelligence at J.D. Power. “You would not hand someone you did not know cash, and so you shouldn’t send cash to anyone you are not personally connected with.” Other tips: Use the identity verification optionsContinue Reading
Dutch chip equipment maker ASML forecast a jump in 2023 revenue as the semiconductor industry predicts there will be a reacceleration of growth in the second half of this year. ASML is one of the world’s most important companies in the chip supply chain. It produces machines that are requiredContinue Reading
A pedestrian walks in front of an AT&T location in New York. Scott Mlyn | CNBC AT&T shares jumped on Wednesday after the carrier reported fourth-quarter subscriber growth that exceeded Wall Street’s estimates, shrugging off its rivals’ lower pricing strategies. The U.S. phone service provider added 217 million total subscribersContinue Reading
Employees of American Airlines help check in passengers at Ronald Reagan Washington National Airport on January 11, 2023 in Arlington, Virginia. Alex Wong | Getty Images American Airlines‘ fourth-quarter profit beat analysts’ expectations as strong travel demand and high fares buoyed results during a turbulent holiday season. Here’s how AmericanContinue Reading
Pat Gelsinger, CEO, of Intel Corporation, testifies during the Senate Commerce, Science, and Transportation hearing on semiconductors titled Developing Next Generation Technology for Innovation, in Russell Senate Office Building on Wednesday, March 23, 2022. Tom Williams | CQ-Roll Call, Inc. | Getty Images Intel shares slid by as much asContinue Reading
Travelers check in at a Southwest Airlines ticket counter during the busy Christmas holiday season at Orlando International Airport on December 28, 2022 in Orlando, Florida. Paul Hennessy | Anadolu Agency | Getty Images Southwest Airlines said Thursday it expects its holiday meltdown to continue to weigh on its bottomContinue Reading
Comcast on Thursday reported fourth-quarter earnings that topped analyst expectations despite persistent softness in broadband subscriber growth and mounting losses from its streaming service, Peacock. The company’s top-line growth was fueled by higher revenue from its broadband and wireless businesses, as well as its theme parks segment. Here’s how ComcastContinue Reading
A pair of Levi’s selvedge denim jeans arranged in Louisville, Kentucky. Luke Sharrett | Bloomberg | Getty Images Levi Strauss on Wednesday posted earnings and revenue that topped Wall Street’s expectations. Shares of the company rose in after-hours trading as the company also offered upbeat sales guidance for its newContinue Reading
IBM CEO Arvind Krishna speaks at a panel session at the World Economic Forum in Davos, Switzerland, on Jan. 17, 2023. Stefan Wermuth | Bloomberg | Getty Images IBM reported quarterly revenue on Wednesday that topped analysts’ estimates, driven by higher-than-expected growth in the company’s software and infrastructure segments. Here’sContinue Reading