JPMorgan Acquires Significant Stake in Spanish Defense Contractor Indra
JPMorgan purchased a 10.6% stake in Spanish defense systems producer Indra (IDR.MC), according to the stock exchange regulator on Thursday.
Nov 30, 2023 6:36 AM EST
GM Boosts Shareholder Returns Amidst Labor Challenges
On Wednesday, General Motors unveiled a major stock buyback program, doubled its dividend, and informed investors that it can withstand additional labor costs from a six-week autoworkers strike.
Walmart Diversifies Supply Chain by Sourcing More Goods from India
As part of its efforts to reduce costs and diversify its supply chain, Walmart is importing more items into the United States from India and decreasing its reliance on China, according to data seen by Reuters.
Apple and Goldman Sachs Face Uncertain Future in Credit Card Partnership
According to a source familiar with the situation, Apple has offered Goldman Sachs a proposal to sever its relationship for credit cards and savings accounts within the next 12 to 15 months.
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Travel Vouchers May Be Too Good to Be True
With Tuesday being the day after Cyber Monday, which is becoming recognized for airline and hotel sales, travel booking websites are launching promotions on Tuesday.
Nov 29, 2023 3:56 AM EST
US Consumer Optimism Surges as Holiday Shopping Season Gets Underway
The Conference Board, a business research organization, said on Tuesday that its consumer confidence index increased to 102 in November from 99.1 in October.
Nov 28, 2023 8:32 PM EST
Shein Files for U.S. IPO As $66 Billion Chinese Fashion Giant Expands Globally
Shein has quietly registered to go public in the United States as the Chinese-founded fast-fashion giant seeks to broaden its appeal internationally with a much-discussed IPO.
Nov 28, 2023 8:30 AM EST
Fast Food Inflation Persists: McDonald's and Other Chains Brace for Continued Price Hikes
Fast food gained popularity due to its low cost and quick service, but consumers are discovering that its dishes no longer provide the same value as they previously did.
Nov 28, 2023 7:50 AM EST
Citigroup Loses Key Municipal Bankers to Jefferies Amidst Department Shakeup
A umber of healthcare-focused bankers at Citigroup departed for competitor Jefferies Financial following discussions among the company's leadership about completely discontinuing the municipal banking division.
Nov 28, 2023 6:45 AM EST
Debt-Ridden States: The Heaviest Student Loan Burdens in the Nation
According to a recent research, Maryland has the highest average student loan debt per borrower-more than $40,000-of any state.
Nov 28, 2023 6:35 AM EST
UK Doctors' Strike Threat Recedes as Government Agrees to Pay Rise
Officials claimed Monday that the British government reached an agreement with leading physicians in England that might put an end to a string of disruptive strikes.
Nov 28, 2023 2:45 AM EST
US Shoppers Get Ahead on Cyber Monday Deals In an Attempt to Save More
Discount-seekers used their phones and laptops to scoop up gadgets, apparel, toys, jewelry, appliances, and even personal care goods as the biggest U.S. online shopping day of the year got began on Monday.
Nov 27, 2023 8:29 AM EST
UK Prime Minister Sunak Unveils $37 Billion Investment Drive to Woo Global Investors
Prime Minister Rishi Sunak hosted global CEOs after announcing 29.5 billion pounds ($36.76 billion) in private sector investments in the nation.
Nov 26, 2023 9:57 PM EST
Gas Prices Plummet for Thanksgiving, Bringing Cheer to Drivers Across the Nation
According to data from car club AAA, the national average price of petrol touched $3.27 per gallon on Thursday.
Nov 24, 2023 9:42 AM EST
Buy Now, Pay Later Surges in Popularity, Raising Concerns About Consumer Debt
Consumers are likely to utilize "buy now, pay later" payment arrangements significantly this Christmas season, which bodes well for businesses but raises concerns among credit experts.
Nov 23, 2023 7:50 PM EST
Biden's FCC Moves to End Pay-TV Providers' Grip on Customers with Early Termination Fee Ban
Pay-TV companies would not be allowed to charge early termination fees to customers who cancel their service contracts before they expire, according to a proposed regulation from the Federal Communications Commission.
Nov 23, 2023 10:40 AM EST
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