LIV Golf announced a media rights agreement with Fox Sports to broadcast the pro golf tour to U.S. viewers just one day after naming a […]
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JPMorgan Chase is boosting buybacks even after CEO Jamie Dimon called the stock expensive
Fresh off a record year for profit and revenue, JPMorgan is facing questions over what CFO Jeremy Barnum admitted was excess capital.
Continue readingFTC sues Deere, alleging equipment repair ‘monopoly’ raises costs for farmers
The Federal Trade Commission has filed a lawsuit against agricultural equipment giant Deere & Company, alleging it holds a monopoly on repair services.
Continue readingBlue Origin’s first New Glenn rocket reaches orbit, misses booster landing
Blue Origin launched its towering New Glenn rocket for the first time early Monday, in a crucial milestone for Jeff Bezos’ space company.
Continue readingMedicare’s new $2,000 cap on out-of-pocket drug costs could save patients thousands, AARP says
The AARP report suggests the spending cap could be huge for Medicare enrollees who take costly drugs for cancer, rheumatoid arthritis, and other conditions.
Continue readingDOT sues Southwest, fines Frontier for ‘chronically delayed flights’
The Department of Transportation has sued Southwest Airlines, alleging the carrier operated chronically delayed flights.
Continue readingMorgan Stanley tops estimates on strong equities and fixed income trading revenue
While bank stocks have been supported by enthusiasm for rising deal activity, it was actually the trading side that helped Morgan Stanley more in the […]
Continue readingBank of America tops estimates on better-than-expected investment banking, interest income
The company said fourth-quarter profit more than doubled to $6.67 billion, or 82 cents per share, from a year earlier.
Continue readingTarget says its holiday sales were better than expected — but its profits weren’t
The big-box retailer’s report indicates that deals and promotional events motivated shoppers.
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