Chevy Blazer Troubles Add to GM’s EV Growing Pains

[ad_1] As one of the nation’s first owners of General Motors’ new electric Chevrolet Blazer, James Hattin was loving the SUV—before the problems began. On a trip from the mountains…

Bayer Weighs Structural Changes But Rules Out Three-Way Split

[ad_1] Updated Nov. 8, 2023 5:34 am ET Bayer Chief Executive Bill Anderson said he is looking at options to overhaul the company’s structure and remove multiple layers of management…

Fed Posts Largest-Ever Annual Operating Loss

[ad_1] The Federal Reserve ran an operating loss of $114.3 billion last year, its largest ever, a consequence of its campaign to aggressively support the economy in 2020 and 2021,…

Morgan Stanley Agrees to Pay $249 Million to Settle Block-Trading Probes

[ad_1] Morgan Stanley agreed Friday to pay $249 million to settle criminal and regulatory investigations into allegations that some employees improperly shared information about clients’ stock sales, the Manhattan U.S.…

JPMorgan Posts Record Annual Profit Despite Quarterly Slip

[ad_1] Updated Jan. 12, 2024 8:00 am ET JPMorgan Chase’s fourth-quarter profit slipped, but it was still enough to push the bank to a record-breaking result for the full year.…

SEC Charges Future FinTech Group CEO Huang With Manipulative Trading

[ad_1] The Securities and Exchange Commission has charged Shanchun Huang with allegedly inflating Future FinTech Group’s share price just before he took over as the company’s chief executive. The SEC…

WSJ News Exclusive | CVS is Closing Pharmacies Inside Some Target Stores

[ad_1] CVS Health plans to close dozens of pharmacies inside Target stores at a time when pharmacy chains are struggling to grow retail profits. CVS will close the pharmacies between…

Bank Earnings Season Is About to Start. Here’s What to Expect.

[ad_1] Big banks held up well in 2023, even though the Federal Reserve continued to raise interest rates at a fast clip. Reports on fourth-quarter bank earnings, which start this…

Microsoft Dethrones Apple as the Largest U.S. Company

[ad_1] Jan. 11, 2024 10:35 am ET The stock market has a new, but familiar, monarch. Microsoft’s AI-powered stock rally has made the software giant the largest U.S. company by…

Hewlett Packard Hopes Time Is on Its Side With Juniper

[ad_1] Hewlett Packard Enterprise doesn’t exactly qualify as “big tech” anymore. That might not matter as the corporate-tech half of the once mighty HP empire tries to curry support for…