Bank of America CEO sees 'mild recession' in 2023 and is preparing for worse
The U.S. economy is likely headed for a recession in 2023, according to Bank of America CEO Brian Moynihan, who is preparing for a mild downturn this year.
Senators demand answers from Southwest Airlines CEO after holiday meltdown
Over a dozen senators sent a letter to Southwest Airlines CEO Bob Jordan, demanding answers on a variety of issues related to its recent flight disruption fiasco.
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.
Southwest Airlines sued by shareholders following operational meltdown
Shareholders are suing Southwest Airlines, claiming that it concealed issues about its technology that left it vulnerable during adverse weather conditions.
Here's how many Lincoln dealers want to sell electric vehicles
Three out of five Lincoln dealers have opted-in to sell electric vehicles starting in late 2024 and have committed to make the investments required to support them.
CVS nurse fired after refusing to prescribe birth control over religious beliefs sues pharmacy
A former nurse practitioner for CVS claimed she had been discriminated against for her religious beliefs in a lawsuit filed against the company Wednesday after she had been fired for refusing to prescribe birth control.
Delta Air Lines forecasts labor costs will weaken profits after strong quarter
Delta Air Lines reported strong fourth-quarter earnings Friday. However, the carrier is expecting higher non-fuel operating costs including labor costs.
HBO Max increases monthly service fee by one dollar to $15.99
HBO Max has increased its monthly service fee for the first time in the platform's two-year history by one dollar to $15.99 starting this week.
BlackRock, world’s largest asset manager, buys stake in small-business 401(k) startup
Five states, including California, Oregon and Illinois, started requiring many businesses to offer retirement plans or enroll workers in a state-run savings program, according to AARP.
Devin Nunes rips top Democrats after ‘Twitter Files’ bombshell on Russia collusion: ‘Fools’
Truth Social CEO and former Congressman Devin Nunes reacts to part 14 of the "Twitter Files" confirming his early suspicions that Democrats were pushing a false Russian bot narrative.
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.
Apple CEO's pay depends on stock performance in 2023
Apple Chief Executive Tim Cook's pay package will be set 40% lower than the prior year and will depend more on stock performance.
New pilot contracts to drive up costs at US airlines
The Delta Air Lines pilot raises have been lauded by other pilot unions. If other airlines like American, United and Southwest follow suit, airline costs will increase.
Google says Supreme Court ruling could potentially upend the internet
Google filed a Supreme Court brief case hoping to keep a liability shield that would keep them immune from lawsuits if content they recommend causes harm.
LG recalls 52K free-standing TVs due to tip-over, entrapment hazards
LG Electronics issued a recall for 52,000 LG 86-inch smart televisions and stands that were sold nationwide and online are being due to "serious tip-over and entrapment hazards."
Group of athletes, including Bengals' Joe Burrow, Bucks' Khris Middleton, invest in Iowa farm
A group of around two dozen athletes, including Cincinnati Bengals quarterback Joe Burrow and Milwaukee Bucks small forward Khris Middleton, have acquired a northern Iowa farm.
Heat launch search for new naming rights partner after FTX debacle
The Miami Heat and Miami-Dade County will now find a new naming rights partner after a federal judge terminated the naming rights agreement for FTX Arena.
Home Depot soon changing how it pays hourly employees
Home improvement retailer Home Depot is making a nationwide change to how it pays hourly employees next week. The move was first reported by Business Insider.
Disney faces proxy fight from activist investor Nelson Peltz
A proxy fight is brewing between Trian Fund Management and the Walt Disney Company as Trian looks to secure a board seat for its CEO Nelson Peltz



















