Big U.S. Banks Show Brave Face On Jobs As Goldman Sachs Cuts Staff
By Saeed Azhar and Niket Nishant NEW YORK (Reuters) – JPMorgan Chase & Co and Bank of America Corp continued…
January 13, 2023
Citigroup misses profit estimates on provision hike, dealmaking slowdown
By Mehnaz Yasmin and Carolina Mandl (Reuters) – Citigroup Inc reported a 21% fall in quarterly profit on Friday, missing…
Oil Up On China Hopes, Dollar Slump; Set For Big Weekly Rise
By Shariq Khan NEW YORK (Reuters) -Oil prices rose by about a dollar a barrel on Friday, set for their…
Bank of America profit tops estimates as higher rates boost income
By Manya Saini and Lananh Nguyen (Reuters) -Bank of America Corp reported a bigger-than-expected fourth-quarter profit on Friday, helped by…
Exclusive-Exxon Prepares To Start Up $1.2 Billion Texas Oil Refinery Expansion – Sources
By Erwin Seba (Reuters) -Exxon Mobil Corp in coming days will sharply boost gasoline and diesel production at its Beaumont,…
Lufthansa Seen As Ready To Bid For ITA Airways Stake, Sources Say
By Angelo Amante and Giuseppe Fonte ROME (Reuters) – A bid from German carrier Lufthansa for ITA Airways could come…
Wall Street Banks Stockpile Funds For Possible Recession, Show Resilience
NEW YORK (Reuters) – Wall Street’s biggest banks stockpiled more rainy-day funds to prepare for a possible recession ahead and…
Wells Fargo misses profit estimate on higher reserves, scandal costs
By Noor Zainab Hussain and Hannah Lang (Reuters) -Wells Fargo & Co on Friday reported a 50% decline in profit…
Bed Bath & Beyond Brings Meme Stocks Back In Vogue To Start 2023
By Medha Singh (Reuters) – An army of retail traders drove up shares of meme stocks this week, led by…
UnitedHealth Quarterly Profit Beats As Medical Costs Stay Low
(Reuters) -UnitedHealth Group Inc on Friday reported a quarterly profit that beat Wall Street estimates, helped by lower medical costs…