Angelo Mozilo, Countrywide Financial CEO and key player in 2008 financial crisis, dies at 84
Angelo Mozilo, former chief executive of Countrywide Financial and a key player in the subprime mortgage meltdown that led to the 2008 financial crisis, died Sunday.
2023-07-18 04:51
JPMorgan’s Rally Rewards Investors Who Bet on ‘Goliath’
Only one out of two dozen stocks in the KBW Bank Index was left standing in the green
2023-07-18 04:25
FedEx Hires Aircraft-Leasing Executive as CFO as It Plans Cost Cuts
FedEx Corp. hired John Dietrich, the former head of an aircraft-leasing company, as its new chief financial officer
2023-07-18 03:58
JPMorgan’s Kolanovic Sees ‘Modestly Wider’ Path to Soft Landing
A welcome downshift in inflation data has led JPMorgan Chase & Co.’s Marko Kolanovic to soften his stance
2023-07-18 03:57
Crypto Trading Volumes Spiked as the Market Celebrated a Court Setback for the SEC
Parts of the crypto market saw frenzied trading following a break in the regulatory clouds surrounding the US
2023-07-18 03:48
Roblox Grapples With Employee Demands for More Diversity
In the spring of 2021, the staff at video-game juggernaut Roblox Corp. gathered for an all-hands meeting over
2023-07-18 03:46
DOJ Criminal Chief to Exit for Return to Private Practice
The leader of the US Justice Department’s Criminal Division, Kenneth Polite, will leave the agency for a job
2023-07-18 03:26
Smartmatic subpoenas Trump allies Flynn and Bannon in defamation lawsuits against Fox News and Newsmax
Trump allies Michael Flynn and Steve Bannon have been subpoenaed by Smartmatic as part of the voting technology company's massive defamation lawsuits against Fox News and Newsmax over their promotion of 2020 election lies.
2023-07-18 03:21
Bank of America Says Earnings Season Is Off to a Better-Than-Average Start
Corporate America’s initial stretch of earnings releases delivered results that surpassed the historical norm for the quarter’s kickoff,
2023-07-18 02:53
Elizabeth Warren asks SEC to investigate Tesla
Democratic Senator Elizabeth Warren asked the SEC to investigate Tesla and its board of directors to determine whether they violated securities laws after CEO Elon Musk took over Twitter last year.
2023-07-18 02:29
Tesla Board to Return $735 Million in Stock Awards to End Suit Over Pay Packages
Tesla Inc. directors, including co-founder Elon Musk, agreed to return more than $735 million in stock awards to
2023-07-18 02:28
Why celebrities are striking: The average pay for actors may surprise you
On Friday, SAG-AFTRA officially went on strike after failing to reach a deal with Hollywood's biggest studios. Actors on strike are calling for increased pay and a rethinking of how residuals are paid out when shows are aired on streaming services.
2023-07-18 02:27