Bank of America profits rise 28%, wage expenses up too
NEW YORK (AP) — Bank of America said its profits rose 28% last quarter from a year earlier, but the…
2022
Morgan Stanley profits climb 9% on asset management business
NEW YORK (AP) — Investment bank Morgan Stanley said its fourth-quarter profits rose 9% from a year ago, helped by…
Turkey’s deal with UAE to build foreign exchange reserves
ANKARA, Turkey (AP) — Turkey and the United Arab Emirates have agreed to a currency swap deal equivalent to $4.74…
Celeb-heavy Los Angeles suburb gets tough on water wasters
In a wealthy enclave nestled in the Santa Monica Mountains that is a haven for celebrities, residents now face more…
Wall Street Sell-off Deepens, Nasdaq Confirms Correction
By Lewis Krauskopf, Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) – Wall Street’s main indexes fell on Wednesday, with the…
Story Headlined ‘Wall Street Selloff Deepens, Nasdaq Confirms Correction’ Is Withdrawn
(Reuters) – The story headlined, “Wall Street selloff deepens, Nasdaq confirms correction,” was issued inadvertently ahead of the market closing….
German leader champions new tack on climate at Davos event
GENEVA (AP) — New German Chancellor Olaf Scholz called Wednesday for a “paradigm shift” in the way the world approaches…
December marks 3rd straight month of growth for US builders
SILVER SPRING, Md. (AP) — Construction of new homes in the U.S. rose for the third consecutive month in December…
Unilever won’t top $68B bid for GSK consumer healthcare unit
LONDON (AP) — Unilever, the maker of Vaseline skin care products and Dove soap, says it won’t increase a 50…
EXPLAINER: Are Turkey’s efforts to fix the economy working?
ANKARA, Turkey (AP) — Turkey’s government and central bank have taken unconventional steps in recent weeks to prop up a…