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New York CNN — Goldman Sachs had a very good fourth quarter. The company announced Tuesday morning that it had brought in about $11.3 billion in revenue, while earnings per share came in at $5.48 in the final months of the year....
New York CNN — Switzerland’s skies are ablaze this week with jets carrying business and political leaders, news pundits and billionaires into Davos for the World Economic Forum (WEF), an annual event where the elite hash out...
Ukraine is seeking new ways to finance its rebuilding plans as vital aid from the West slows down. President Volodymyr Zelensky reportedly has plans to meet JP Morgan's CEO at the World Economic Forum. ADVERTISEMENTUkraine's President...
London CNN — Six people were arrested Sunday over a suspected plot to disrupt the London Stock Exchange (LSE) when the market opened for trade Monday, London’s Metropolitan Police has said. Detectives began an investigation...
New York CNN — Citigroup will lay off 20,000 employees over the next two years, CFO Mark Mason said Friday. The reduction comes after the company reported a $1.8 billion net loss for the fourth quarter of 2023, its worst quarter...
New York CNN — Markets were anything but predictable last year. Investors aren’t looking to get caught flat-footed again. Stocks ended on a high note last year, but were tested by the Federal Reserve’s interest rate hikes,...
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN —...
New York CNN — JPMorgan Chase kicked off earnings season Friday with some mixed news. The bank’s fourth-quarter profit fell by 15% from the year before, to $9.3 billion, less than analysts surveyed by FactSet had expected....
New York CNN — US-led airstrikes on Houthi targets in Yemen rattled energy markets on Friday, sending oil prices sharply higher. US crude climbed 4.2% to $75 a barrel in recent trading. Brent crude, the world benchmark, jumped...
New York CNN — CVS will close dozens of pharmacies located inside of Target stores in early 2024, a company spokesperson said on Thursday. The closures come as retail pharmacy chains in the US face increasing difficulties with...
New York CNN — It’s official. The Securities and Exchange Commission on Wednesday gave the green light to the listing and trading of 11 bitcoin exchange-traded funds, or ETFs. And they will be coming online quickly, with several...
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN —...
