Business Archives | Page 156 Of 187

Bank of America reports fourth-quarter earnings before the bell

Brian Moynihan, chief executive officer of Bank of America Corp., during a Bloomberg Television interview in Versailles, France, on Monday, May 13, 2024. Cyril Marcilhacy | Bloomberg | Getty Images Bank of America is scheduled to report fourth-quarter earnings before the opening bell Thursday. Here’s what Wall Street expects: Earnings: 77 cents a share, according to […]

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Biden administration launches cybersecurity executive order

Finance News

US President Joe Biden, left, and Antony Blinken, US secretary of state, speak on the ceasefire deal between Israel and Hamas, in the Cross Hall of the White House in Washington, DC, US, on Wednesday, Jan. 15, 2025. Israel and Hamas agreed to a ceasefire deal, bringing at least a temporary halt to the war

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Medicare’s new ,000 cap on out-of-pocket drug costs could save enrollees thousands, AARP says

Medicare’s new $2,000 cap on out-of-pocket drug costs could save enrollees thousands, AARP says

Business News

Most Medicare patients who hit the new $2,000 cap on out-of-pocket spending for prescription drugs could see massive savings, despite changes in premiums, according to a report released Thursday by AARP. The findings suggest the cap could be a huge benefit to older adults in Medicare who struggle to afford high-cost drugs for cancer, rheumatoid

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Goldman Sachs CEO Solomon says IPO market is ‘going to pick up’ along with dealmaking

Technology News

David Solomon, CEO of Goldman Sachs, speaks during the Reuters NEXT conference, in New York City, U.S., December 10, 2024. Mike Segar | Reuters Goldman Sachs CEO David Solomon says there’s an end in sight to the multi-year IPO drought. “It’s going to pick up,” Solomon said on Wednesday, in an on-stage interview with Cisco

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How VPNs might allow Americans to continue using TikTok

Finance News

If TikTok does indeed go dark on Sunday for Americans, there may be a tool for them to continue accessing the popular social app: VPNs. The Chinese-owned app is set to be removed from mobile app stores and the web for U.S. users on Sunday as a result of a law signed by President Joe

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DOT sues Southwest, fines Frontier for ‘chronically delayed flights’

Business News

A Southwest Airlines Boeing 737 departs Los Angeles International Airport en route to Las Vegas on September 19, 2024 in Los Angeles, California. Kevin Carter | Getty Images The Department of Transportation on Wednesday sued Southwest Airlines, alleging the carrier operated chronically delayed flights, and fined Frontier Airlines for late-arriving flights. The lawsuit follows a

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Bristol Myers Squibb says Alzheimer’s is the biggest market for new schizophrenia drug

Business News

The Bristol Myers Squibb research and development center at Cambridge Crossing in Cambridge, Massachusetts, US, on Wednesday, Dec. 27, 2023. Adam Glanzman | Bloomberg | Getty Images Bristol Myers Squibb believes Alzheimer’s is the largest market for its newly approved schizophrenia drug, Cobenfy, which it expects to eventually generate billions of Dollars in revenue. In

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Firefly Aerospace kicks off first moon mission after SpaceX launch

Business News

The company’s Blue Ghost moon lander before shipping out for launch. Firefly Aerospace Another American company, Texas-based rocket and spacecraft builder Firefly Aerospace, is moon-bound. Firefly’s “Blue Ghost” cargo lander launched from Florida early Wednesday morning on SpaceX’s Falcon 9 rocket to begin a 45-day trip. The space transportation company’s first moon mission comes as

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Microsoft launches consumption-based 365 Copilot Chat option for corporate users

Finance News

Microsoft Chairman and CEO Satya Nadella speaks during the Microsoft May 20 Briefing event at Microsoft in Redmond, Washington, on May 20, 2024. Nadella unveiled a new category of PC on Monday that features generative artificial intelligence tools built directly into Windows, the company’s world leading operating system. Jason Redmond | AFP | Getty Images

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SEC sues Elon Musk, alleging failure to properly disclose Twitter ownership

Finance News

Beata Zawrzel | Nurphoto | Getty Images The SEC filed a lawsuit against Elon Musk on Tuesday, alleging the billionaire committed securities fraud in 2022 by failing to disclose his ownership in Twitter and buying shares at “artificially low prices.” Musk, who is also CEO of Tesla and SpaceX, purchased Twitter for $44 billion, later

SEC sues Elon Musk, alleging failure to properly disclose Twitter ownership Read More »

Bank of America reports fourth-quarter earnings before the bell

Biden administration launches cybersecurity executive order

DOT sues Southwest, fines Frontier for ‘chronically delayed flights’

Bristol Myers Squibb says Alzheimer’s is the biggest market for new schizophrenia drug

Firefly Aerospace kicks off first moon mission after SpaceX launch

Microsoft launches consumption-based 365 Copilot Chat option for corporate users

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