Instacart’s revenue and profit climb ahead of public listing
Instacart had higher sales and profit in Q4 as it continues to float an IPO. Instacart has waited since late 2022 for a more cooperative market before going public.
Bank of America totaled $1.2 billion in penalties, settlements in 2022
Bank of America recorded $1.2 billion in fines, settlements and expenses in 2022, topping the costs paid the previous two years.
NYC billionaire financier found dead in Manhattan office from self-inflicted gunshot wound: report
A billionaire financier was reportedly found dead Thursday inside his New York City office.
'Shark Tank' star Kevin O'Leary doubles down on controversial take on success: 'Sacrifice' takes 'guts'
If working 25 hours a day, eight days a week makes you uncomfortable, then "Shark Tank's" Kevin O'Leary says "don't even try" to become a successful entrepreneur.
Adidas warns of losses in aftermath of Yeezy fallout
Adidas is warning that the German sportswear company could be headed to a loss in 2023 if it can't sell its inventory of Yeezy shoes. The company cut ties with rapper Ye in October.
Disney’s Iger to face investors as he contends with activist, ESPN's future, streaming status
The Walt Disney Co. will report its latest fiscal fourth-quarter results after the market closes Wednesday as returning CEO Bob Iger faces several issues.
Bill Gates wants to stop cows from burping in latest investment
To prevent cows from burping methane emissions, Bill Gates has invested millions into a startup that's developing a dietary supplement which is fed to livestock.
Bank earnings beat expectations despite ‘headwinds’, JPMorgan CEO ‘prepared for whatever happens’
JPMorgan Chase, Citibank, Wells Fargo, and Bank of America earnings reports on Friday beat expectations
Wells Fargo suffered 50% profit loss during the fourth quarter
Wells Fargo suffered a 50% profit loss during the fourth quarter last year after a $3 billion penalty was assessed by a government agency for a six-year loan mismanagement scandal.
BlackRock quarterly profit slips on lower fee income
Assets under management stood at $8.59 trillion at the end of the quarter, down from a little more than $10 trillion a year earlier but up from $7.96 trillion in the third quarter.
Mega Millions jackpot tops $1B: What to know if you win
Wells Fargo Advice & Planning managing director Emily Irwin’s do’s and don’ts if you win the billion-dollar Mega Millions drawing Tuesday night.
FTC orders Mastercard to stop blocking competitor debit payments
The Federal Trade Commission has ordered Mastercard to cease business practices it claims are designed to bar vendors from routing payments through third parties.
Crypto giant Binance offers little transparency after FTX collapse
Binances internal finances still remain opaque to investors after the collapse of Sam Bankman-Fried's cryptocurrency trading firm FTX caused increase scrutiny.
Goldman Sachs considering cutting bonuses by 40%: report
Goldman Sachs may cut the bonus pools for 3,000 investment bankers by at least 40%, the highest cut since the 2008 financial crisis, according to a new report.
Binance CEO tweets ‘business as usual’ after pausing USDC coin withdrawal Tuesday
Binance CEO Changpeng "CZ" Zhao said on Wednesday things have normalized after the crypto exchange paused withdrawals of its USDC coin
Juul Labs will pay $1.2B for role in youth-vaping epidemic
Juul Labs gets equity investment to pay $1.2 billion in settlements for contributing to America’s youth vaping epidemic.
Accounting red flags are common among public crypto companies
Accounting issues that brought down major crypto firms like FTX and Celsius, exist in firms weathering the crypto contagion such as Marathon and Riot Blockchain.
Bank regulator’s anti-racism efforts go too far, witnesses tell Senate: ‘Disparity is not discrimination’
Witnesses told the Senate Banking Committee that only those policies that are explicitly discriminatory should be rooted out to make the financial system fair.
JPMorgan, other banks in talks to reimburse scammed Zelle customers
The pandemic supercharged money-transfer services. Zelle recorded some 1.8 billion transactions in 2021 totaling $490 billion, more than double prepandemic levels.
Crypto firm FTX raised red flags long before collapse: experts
Bitcoin venture investor Marty Bent of Ten31 saw red flags with the FTX cryptocurrency exchange long before its historic collapse under founder Sam Bankman-Fried.



















