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GM reports strong results as it girds for tough labor talks
GM reports strong results as it girds for tough labor talks
General Motors lifted its full-year forecast following another strong quarter on Tuesday as it girds for difficult labor negotiations and questions about the market for...
2023-07-26 05:21
Banc of California to buy troubled PacWest Bancorp, which came close to failing earlier this year
Banc of California to buy troubled PacWest Bancorp, which came close to failing earlier this year
The Banc of California has agreed to buy PacWest Bancorp in an all-stock transaction, bringing an end to months of speculation about whether PacWest could survive on its own after the failures of three other regional banks this spring
2023-07-26 04:57
Google rebounds from unprecedented drop in ad drop with a resurgence that pushes stock higher
Google rebounds from unprecedented drop in ad drop with a resurgence that pushes stock higher
Google snapped out of an unprecedented advertising slump during its latest quarter, signaling a return to growth cycle needed to fuel investments in artificial intelligence technology that expected to reshape the competitive landscape
2023-07-26 04:56
Alphabet profit beats expectations, CFO Porat to assume new role
Alphabet profit beats expectations, CFO Porat to assume new role
By Greg Bensinger and Akash Sriram (Reuters) -Alphabet's second-quarter profit exceeded Wall Street expectations on Tuesday and the Google parent
2023-07-26 04:54
Banc of California set to merge with rival PacWest
Banc of California set to merge with rival PacWest
PacWest Bancorp is set to merge with Banc of California in a $400 million equity deal, according to a joint announcement the banks released Tuesday afternoon, ahead of their second-quarter earnings results.
2023-07-26 04:54
Wells Fargo & Company Increases Common Stock Dividend and Announces New $30 Billion Common Stock Repurchase Program
Wells Fargo & Company Increases Common Stock Dividend and Announces New $30 Billion Common Stock Repurchase Program
SAN FRANCISCO--(BUSINESS WIRE)--Jul 25, 2023--
2023-07-26 04:53
House Republicans plan to hold Meta's Mark Zuckerberg in contempt of Congress
House Republicans plan to hold Meta's Mark Zuckerberg in contempt of Congress
Meta CEO Mark Zuckerberg is being threatened with contempt of Congress
2023-07-26 04:53
Carlyle Offers iRobot a $200 Million Bridge Loan to Ride Out Antitrust Review
Carlyle Offers iRobot a $200 Million Bridge Loan to Ride Out Antitrust Review
If all goes as planned — and it’s a real if — iRobot Corp. will be gobbled up
2023-07-26 04:28
PacWest merges with Banc of California in all-stock deal
PacWest merges with Banc of California in all-stock deal
Banc of California and PacWest Bancorp on Tuesday announced an all-stock merger with a $400 million equity raise
2023-07-26 04:27
Visa posts higher quarterly profit on spending boost
Visa posts higher quarterly profit on spending boost
(Reuters) -Payments processor Visa reported a jump in third-quarter profit on Tuesday, helped by resilient consumer spending despite tough economic
2023-07-26 04:22
Microsoft reports $20.1B quarterly profit as it promises to lead
Microsoft reports $20.1B quarterly profit as it promises to lead "the new AI platform shift"
Microsoft on Tuesday reported fiscal fourth-quarter profit of $20.1 billion, or $2.69 per share, beating analyst expectations for $2.55 per share
2023-07-26 04:20
Microsoft beats quarterly revenue estimates
Microsoft beats quarterly revenue estimates
Microsoft on Tuesday surpassed Wall Street estimates for fourth-quarter revenue and profit as its cloud business benefited from
2023-07-26 04:18
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