[ad_1] LaGuardia International Airport Terminal A for JetBlue and Spirit Airlines in New York. Leslie Josephs | CNBC A federal judge blocked JetBlue Airways‘ purchase of budget rival Spirit Airlines…
Tag: Breaking News: Markets
Goldman Sachs tops revenue estimates on better-than-expected asset management results
[ad_1] David Solomon, Chairman and CEO, Goldman Sachs, participates in a panel discussion during the annual Milken Institute Global Conference at The Beverly Hilton Hotel on April 29, 2019 in…
JPMorgan Chase profit falls after $2.9 billion fee from regional bank rescues
[ad_1] JPMorgan Chase said Friday that fourth-quarter profit declined after paying a $2.9 billion fee tied to the government seizures of failed regional banks last year. Here’s what the company…
Bank of America shares fall after company reports lower fourth-quarter profit, hit by regulatory charge
[ad_1] Bank of America shares fell 1.1% Friday after the firm reported declining fourth-quarter earnings amid hefty one-time charges. Here’s what the company reported compared to Wall Street expectations, according…
Airline stocks tumble after Delta trims profit forecast
[ad_1] Delta Air Lines shares slipped about 8% Friday after the company trimmed its 2024 earnings forecast. Delta forecast full-year earnings per share of $6 to $7, below its previous…
Bitcoin losses accelerate following ETF launch, while ether heads for an 18% gain on week
[ad_1] Bitcoin slid on Friday to end what should have been a momentous week for the cryptocurrency, with the launch of 11 bitcoin ETFs in the U.S. after a years…
Citigroup is cutting 10% of its workforce in CEO Jane Fraser’s corporate overhaul
[ad_1] Citigroup CEO Jane Fraser at the World Economic Forum in Davos, Switzerland, on Jan. 17, 2023. Adam Galica | CNBC Citigroup said it was cutting 10% of its workforce…
BlackRock’s Larry Fink says bitcoin ETFs are just the first step in the technological revolution of finance
[ad_1] Larry Fink Cameron Costa | CNBC Bitcoin ETFs have arrived after a hard fought battle between the crypto industry and the Securities and Exchange Commission. Larry Fink, CEO of…
Wells Fargo posts higher fourth-quarter profit, helped by higher interest rates and cost cutting
[ad_1] Wells Fargo shares fell Friday even after fourth-quarter profit rose from a year ago, as the bank warned that net interest income for 2024 could come in significantly lower…