Tag: Business

2024-10-15

Elliott asks for December special meeting at Southwest, cuts board slate

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Business

Travelers check in at a Southwest counter at Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, US, on Tuesday, July 23, 2024. Elijah Nouvelage | Bloomberg | Getty Images Elliott Investment Management has requested a special meeting at Southwest Airlines, formalizing the launch of a long-signaled proxy fight for control of the carrier’s board. The activist is seeking a…

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2024-10-15

Trump or Harris? 2024 stakes for America’s businesses

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Business

Former President Donald Trump and Vice President Kamala Harris face off in the ABC presidential debate on Sept. 10, 2024. Getty Images With the U.S. election less than a month away, the country and its corporations are staring down two drastically different options. For airlines, banks, electric vehicle makers, health-care companies, media firms, restaurants and tech giants, the outcome…

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2024-10-14

Boeing to cut 17,000 jobs as losses deepen during factory strike

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Business

Boeing 737 MAX airliners are pictured at the company’s factory in Renton, Washington, on Sept. 12, 2024. Stephen Brashear | AP Boeing will cut 10% of its workforce, or about 17,000 people, as the company’s losses mount and a machinist strike that has idled its aircraft factories enters its fifth week. It will also push back the long-delayed launch…

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2024-10-13

JPM’s Dimon says geopolitical risks ‘treacherous and getting worse’

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Business

JPMorgan Chase CEO and Chairman Jamie Dimon speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, U.S., December 6, 2023. Evelyn Hockstein | Reuters JPMorgan Chase CEO Jamie Dimon sees risks climbing around the world amid widening conflicts in the Middle East and with Russia’s invasion…

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2024-10-13

Turn Your Hobby Into a Business Course

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Product Name: Turn Your Hobby Into a Business Course Click here to get Turn Your Hobby Into a Business Course at discounted price while it’s still available… All orders are protected by SSL encryption – the highest industry standard for online security from trusted vendors. Turn Your Hobby Into a Business Course is backed with a 60 Day No…

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2024-10-12

JPMorgan Chase (JPM) earnings Q3 2024

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Business

JPMorgan Chase posted third-quarter results that topped estimates for profit and revenue as the company generated more interest income than expected. Here’s what the company reported: Earnings: $4.37 a share vs. $4.01 a share LSEG estimate Revenue: $43.32 billion, vs. $41.63 billion estimate JPMorgan said profit fell 2% from a year earlier to $12.9 billion, while revenue climbed 6%…

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2024-10-12

AMD launches MI325X AI chip to rival Nvidia’s Blackwell

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Business

AMD launched a new artificial intelligence chip on Thursday that is taking direct aim at Nvidia’s data center graphics processors, known as GPUs. The Instinct MI325X, as the chip is called, will start production before the end of 2024, Advanced Micro Devices said Thursday during an event announcing the new product. If AMD’s AI chips are seen by developers…

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2024-10-11

Banks aren’t in the clear just yet

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Business

Federal Reserve Board Chairman Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., September 18, 2024. REUTERS/Tom Brenner Tom Brenner | Reuters Falling interest rates are usually good news for banks, especially when the cuts aren’t a harbinger of recession. That’s because lower rates will…

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2024-10-11

TD Bank pleads guilty, will pay $3 billion in fines

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Business

A TD bank stands in Brooklyn on June 04, 2024 in New York City.  Spencer Platt | Getty Images TD Bank pleaded guilty Thursday to multiple criminal charges and agreed to pay a whopping $3 billion in fines and other penalties to the Department of Justice and financial regulators for failing to monitor money laundering by drug traffickers and…

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2024-10-10

Faststart 9 – The Best Beginners Course on Affiliate Marketing

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Product

Product Name: Faststart 9 – The Best Beginners Course on Affiliate Marketing Click here to get Faststart 9 – The Best Beginners Course on Affiliate Marketing at discounted price while it’s still available… All orders are protected by SSL encryption – the highest industry standard for online security from trusted vendors. Faststart 9 – The Best Beginners Course on…

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