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Citigroup is set to report first-quarter earnings – here’s what the Street expects

Citigroup is set to report first-quarter earnings – here’s what the Street expects

Jane Fraser, CEO of Citigroup, attends a hearing on Annual Oversight of Wall Street Firms before the Senate Committee on Banking, Housing, and Urban Affairs in Washington, D.C., the United States, on Dec. 6, 2023.  Tom Williams | Cq-roll Call, Inc. | Getty Images Citigroup is scheduled to report first-quarter earnings before the opening bell […]

Citigroup is set to report first-quarter earnings – here’s what the Street expects Read More »

Bank of America tops analysts’ estimates on better-than-expected interest income, trading

Bank of America tops analysts’ estimates on better-than-expected interest income, trading

Brian Moynihan, chief executive officer of Bank of America Corp., during a Bloomberg Television interview in New York, US, on Tuesday, March 19, 2024.  Jeenah Moon | Bloomberg | Getty Images Bank of America reported first-quarter earnings before the opening bell Tuesday. Here’s what the company reported compared with what Wall Street analysts surveyed by

Bank of America tops analysts’ estimates on better-than-expected interest income, trading Read More »

American Airlines to make Wi-Fi free on most of its fleet in 2026

American Airlines to make Wi-Fi free on most of its fleet in 2026

An American Airlines plane on the runway at Miami International Airport in Miami, Florida, on Oct. 25, 2024. Joe Raedle | Getty Images American Airlines plans to offer Wi-Fi for free starting in January as more carriers opt for complimentary internet service for their loyalty program members, increasing pressure on holdouts. The free Wi-Fi will

American Airlines to make Wi-Fi free on most of its fleet in 2026 Read More »

Auto stocks rise as Trump says he wants to ‘help’ some car companies

Auto stocks rise as Trump says he wants to ‘help’ some car companies

U.S. President Donald Trump meets with El Salvador President Nayib Bukele (not pictured) in the Oval Office at the White House in Washington, D.C., U.S., April 14, 2025.  Kevin Lamarque | Reuters DETROIT — Shares of automakers jumped during midday trading Monday following President Donald Trump saying he’s looking to “help some of the car

Auto stocks rise as Trump says he wants to ‘help’ some car companies Read More »

Pfizer scraps daily weight loss pill after liver injury in one patient

Pfizer scraps daily weight loss pill after liver injury in one patient

Kena Betancur | Corbis News | Getty Images Pfizer on Monday said it would end development of its experimental daily weight loss pill after a patient experienced a liver injury that was potentially caused by the drug in a trial.  The patient did not experience any liver-related symptoms or side effects, a Pfizer spokesperson said

Pfizer scraps daily weight loss pill after liver injury in one patient Read More »

Goldman Sachs is about to report first-quarter earnings

Goldman Sachs is about to report first-quarter earnings

David Solomon, CEO of Goldman Sachs, testifies during a Senate Banking Committee hearing at the Hart Senate Office Building in Washington, D.C., on Dec. 6, 2023. Win Mcnamee | Getty Images Goldman Sachs is scheduled to report first-quarter earnings before the opening bell Monday.   Here’s what Wall Street expects: Earnings: $12.35 per share, according

Goldman Sachs is about to report first-quarter earnings Read More »

Trump’s ongoing 25% auto tariffs expected to cut sales by millions, cost 0 billion

Trump’s ongoing 25% auto tariffs expected to cut sales by millions, cost $100 billion

Autoworkers at Nissan’s Smyrna Vehicle Assembly Plant in Tennessee, June 6, 2022. The plant employs more than 7,000 people and produces a variety of vehicles, including the Leaf EV and Rogue crossover. Michael Wayland / CNBC DETROIT — As President Donald Trump’s 25% tariffs on imported vehicles remain in effect despite a pullback this week

Trump’s ongoing 25% auto tariffs expected to cut sales by millions, cost $100 billion Read More »

GM cutting jobs, idling Canadian electric van plant due to ‘market demand’

GM cutting jobs, idling Canadian electric van plant due to ‘market demand’

Brightdrop EV600 van Source: Brightdrop DETROIT — General Motors is cutting production of its all-electric BrightDrop delivery vans at a plant in Canada and will idle the facility through much of this year. The plant will be reduced from two shifts to one shift — eliminating 500 jobs — after being idled beginning next month

GM cutting jobs, idling Canadian electric van plant due to ‘market demand’ Read More »

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