Citigroup: Q1 Earnings Snapshot
NEW YORK — Citigroup: Q1 Earnings Snapshot
Continue ReadingNEW YORK — Citigroup: Q1 Earnings Snapshot
Continue ReadingBy KEN SWEET AP Business Writer JPMorgan Chase & Co. posted a 52% jump in its first-quarter profits, helped by higher interest rates, which allowed the bank to charge customers more for loans. The bank saw deposits grow noticeably, as business and customers flocked to the banking titan after the failure of Silicon Valley Bank
Continue ReadingBy MATT OTT AP Business Writer Wells Fargo beat sales and profit targets in the first quarter of the year, a period that saw the collapse of two banks that rattled the financial sector and the broader stock market. Wells earned $5 billion in the period, or $1.23 per share, handily beating analyst projections. Revenue
Continue ReadingSAN FRANCISCO — Wells Fargo: Q1 Earnings Snapshot
Continue ReadingBy TOM MURPHY AP Health Writer UnitedHealth beat first-quarter forecasts and hiked its 2023 guidance for the first time, pushed in part by more growth from its Optum care segment. The health care giant said Friday that revenue jumped 25% from its Optum segment, which provides care and manages prescription drug benefits. Operating earnings from
Continue ReadingNEW YORK — BlackRock: Q1 Earnings Snapshot
Continue ReadingMINNETONKA, Minn. — UnitedHealth: Q1 Earnings Snapshot
Continue ReadingBy ELAINE KURTENBACH AP Business Writer OTARU, Japan (AP) — U.S. Energy Secretary Jennifer Granholm says the Group of Seven wealthy nations can lead by example in cutting carbon emissions, though faster action is needed to stem global warming. Granholm spoke with The Associated Press while touring the world’s first and only liquefied hydrogen carrier,
Continue ReadingBy STAN CHOE AP Business Writer NEW YORK (AP) — Stocks on Wall Street dipped Friday as worries about interest rates overshadowed an encouraging start to earnings reporting season for big U.S. companies. The S&P 500 fell 8.58 points, or 0.2%, to 4,137.64 after giving up an early gain. The Dow Jones Industrial Average lost
Continue ReadingBy MICHAEL GOLDBERG Associated Press/Report for America ROLLING FORK, Miss. (AP) — The scent of the Mississippi Delta’s soil took hold of Charlie Weissinger’s psyche at an early age, and he has chased it ever since. Weissinger, 37, works at a bank to support his farming addiction in Rolling Fork, where his family has grown
Continue ReadingBy MAURICIO SAVARESE and EMILY WANG FUJIYAMA Associated Press BEIJING (AP) — The trip by Brazil’s President Luiz Inácio Lula da Silva to Beijing has made clear he is counting on China to help reinvigorate the South American nation’s ailing industrial sector — particularly by picking up the slack of exiting U.S. companies. After Lula
Continue ReadingBy FATIMA HUSSEIN Associated Press WASHINGTON (AP) — Andre Blount has been serving food to dignitaries at World Bank headquarters for nearly 10 years and says he has gotten exactly one raise — for 50 cents. This week, as leaders from around the world are in D.C for the spring meeting of the poverty-fighting organization,
Continue ReadingBy LEANNE ITALIE Associated Press NEW YORK (AP) — They’re the biggest of brands. But with no logos. And that’s the whole point. Call it stealth wealth, or quiet luxury. For the rich and those who aspire, logo-free fashion with outsized price tags is having a moment — at least among people who can spend
Continue ReadingBy ANIRUDDHA GHOSAL AP Science Writer SURGUJA, India (AP) — Poonam Gond is learning to describe her pain by numbers. Zero means no pain and 10 is agony. Gond was at seven late last month. “I have never known zero pain,” she said, sitting in the plastic chair where she spends most of her days.
Continue ReadingBy SAM MEDNICK Associated Press SAINT-LOUIS, Senegal (AP) — When the gas rig arrived off the coast of Saint-Louis, residents of this seaside Senegalese town found reason to hope. Fishing has long been the community’s lifeblood, but the industry was struggling with climate change and COVID-19. Officials promised the drilling would soon bring thousands of
Continue ReadingBy SAM MEDNICK Associated Press SAINT-LOUIS, Senegal (AP) — For years, residents of the small fishing town of Saint-Louis in Senegal have been struggling. Climate change, foreign industrial trawlers and the COVID-19 pandemic have made it hard to earn a living on the water. When officials announced a new gas project off the coast in
Continue ReadingBy MATT O’BRIEN and HALELUYA HADERO Associated Press PROVIDENCE, R.I. (AP) — The chatting app Discord is one of the most popular ways gamers communicate online. Now it finds itself at the center of an investigation into the leak of classified documents about the war in Ukraine. The investigation is unfolding as Discord makes an
Continue ReadingBy The Associated Press Boeing said Thursday that production and delivery of a “significant number” of its 737 Max planes could be delayed because of questions about a supplier’s work on the fuselages. Boeing said the supplier, Spirit AeroSystems, used a “non-standard manufacturing process” during installation of fittings near the rear of some 737s. Aircraft
Continue ReadingOAKVILLE, Ontario — TRX Gold: Fiscal Q2 Earnings Snapshot
Continue ReadingSEATTLE (AP) — SEATTLE (AP) — Washington Federal Inc. (WAFD) on Thursday reported fiscal second-quarter earnings of $65.9 million. The Seattle-based bank said it had earnings of 95 cents per share. The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.11
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