
South Korea consumer sentiment climbs for fifth month
SEOUL South Korean consumers' sentiment improved for a fifth consecutive month to a 15-month high in July, with
2023-07-26 05:26

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 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

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
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
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
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
Banc of California and PacWest Bancorp on Tuesday announced an all-stock merger with a $400 million equity raise
2023-07-26 04:27

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 on Tuesday surpassed Wall Street estimates for fourth-quarter revenue and profit as its cloud business benefited from
2023-07-26 04:18

GM to add battery module assembly to some North American EV plants
By Paul Lienert General Motors will begin assembling electric vehicle battery packs near its BrightDrop commercial van plant
2023-07-26 04:00

Court says OxyContin maker's bankruptcy and protections for Sackler family members can move ahead
OxyContin maker Purdue Pharma can start its transformation under a bankruptcy agreement that allows the members of the wealthy Sackler family who own the company to avoid civil lawsuits over the opioid crisis, a court has ruled
2023-07-26 03:55