JPMorgan Chase is prepared to sue the U.S. government over Zelle scams
JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, D.C., on Dec. 6, 2023. Evelyn Hockstein | Reuters Buried in a roughly 200-page quarterly filing from JPMorgan Chase last month were eight […]
Costco’s sales are strong, but valuation ‘leaves no room for error,’ says analyst
Costco’s current valuation “has become extremely stretched,” says Truist Securities.
Hoda Kotb announces she is leaving NBC’s ‘TODAY’ show
Hoda Kotb on the set of the TODAY Show on Friday, April 12, 2024, Nathan Congleton | Nbcuniversal | Getty Images Hoda Kotb will be leaving her role as a co-anchor on NBC’s “TODAY” show early next year, she announced in a letter to staff on Thursday. “As I write this, my heart is all […]
Costco’s stock slips as quarterly sales come up short and fee hike won’t immediately lift revenue
Shares of Costco Wholesale Corp. slipped after hours, after the membership warehouse retailer reported sales trends that came up shy of Wall Street’s estimates.
U.S. new vehicle sales expected to have struggled during third quarter
New Jeep vehicles sit on a Dodge Chrysler-Jeep Ram dealership’s lot on October 03, 2023 in Miami, Florida. Joe Raedle | Getty Images News | Getty Images DETROIT — U.S. sales of new vehicles are expected to have struggled during the third quarter amid economic and political uncertainties, as well as elevated interest rates and […]
Satellite-TV rivals DirecTV, Dish reportedly in advanced merger talks
The Wall Street Journal reported DirecTV could acquire rival Dish, creating one of the nation’s largest pay-TV providers, in a deal that could be announced as soon as Monday.
FDA approves Bristol Myers Squibb’s schizophrenia drug
Bristol Myers Squibb’s Cobenfy drug Courtesy: Bristol Myers Squibb The Food and Drug Administration on Thursday approved Bristol Myers Squibb‘s highly anticipated schizophrenia drug Cobenfy, the first novel type of treatment for the debilitating, chronic mental disorder in more than seven decades. Schizophrenia affects how a person thinks, feels and behaves, and can cause paranoia, […]
Trademark dispute emerges over Tiger Woods’ new logo
Tiger Woods speaks during the launch of Tiger Woods and TaylorMade Golf’s new apparel and footwear brand “Sun Day Red” at Palisades Village on February 12, 2024 in Pacific Palisades, California. Kevork Djansezian | Getty Images Sport | Getty Images Tiger Woods’ new logo for his Sun Day Red golf apparel line is facing a […]
Alphabet’s stock has never been this cheap relative to Meta’s. How to play that.
A Bernstein analyst says it’s still “difficult to defend” pitching Alphabet shares with conviction given various regulatory and competitive risks.
Nuggets, Avalanche launch streaming service Altitude+
Local fans of the NBA’s Denver Nuggets and the NHL’s Colorado Avalanche will have some new ways to watch their teams’ games this season. Kroenke Sports & Entertainment — Stan Kroenke’s company that owns several professional sports franchises including Denver’s NBA and NHL teams along with their regional sports network, Altitude — is partnering with […]
