Grants continued to increase year-over-year amid turbulent market and economic environment SAN FRANCISCO–(BUSINESS WIRE)– Schwab Charitable™, one of the largest national providers of donor-advised funds and other philanthropic resources, reports that its donors increased grants to charity in 2022 to more than $4.7 billion with a record 995,000 grants toContinue Reading

Shares of BP are up over 45% year-to-date. Sopa Images | Lightrocket | Getty Images Oil and gas giant BP on Tuesday reported stronger-than-expected third-quarter profit, supported by high commodity prices and robust gas marketing and trading. The British energy major posted underlying replacement cost profit, used as a proxyContinue Reading

(Bloomberg) — Chip-related stocks in Japan, South Korea and Taiwan slumped, contributing to a wipeout of more than $240 billion from the sector’s global market value after the Biden administration imposed curbs on China’s access to semiconductor technology. Most Read from Bloomberg Taiwan Semiconductor Manufacturing Co., the world’s largest contractContinue Reading

Ford Motor Co. shares dropped more than 4% in the extended session Monday after the company said inflation and parts shortages will leave it with more unfinished vehicles than it had expected, reminding Wall Street supply-chain snags are far from over for auto makers. Ford F, +1.43% said it expectsContinue Reading

WESTLAKE, Texas–(BUSINESS WIRE)– The Charles Schwab Corporation (“Schwab” or the “Company”) announced today that it has purchased approximately 15 million shares of its nonvoting common stock directly from TD Bank Group (“TD Bank”) for $1 billion. The shares are being acquired pursuant to Schwab’s recent repurchase authorization. Under the termsContinue Reading