Apple partners with Goldman Sachs on high-yield savings account
Apple and Goldman Sachs collaborate on new savings account with 4.15% annual percentage yield
Morgan Stanley warns stock market is still 'far from out of the woods'
Morgan Stanley strategist Michael Wilson warned in a Monday note that stock-market investors should prepare for "more negative surprises" in coming months.
Charles Schwab gives spring update, adds over 1 million new brokerage clients
Charles Schwab gave its spring business update on Monday, showcasing financial strategies used to beat Wall Street’s predictions for first quarter earnings.
Merck to acquire Prometheus Biosciences for $10.8B
San Diego, California-based Prometheus Biosciences has a drug in development that treats immune diseases including ulcerative colitis and Crohn’s disease.
Jamie Dimon advises against using term 'credit crunch'
During JPMorgan Chase's first quarter earnings call Friday, JPMorgan Chase CEO Jamie Dimon said he would not refer to potential of banks stopping lending as a credit crunch.
Vanguard narrows ETF gap with BlackRock
The Vanguard Group pulled in a net $25.7 billion into its exchange-traded (ETF) fund over the first quarter, fed by $19.1 billion of flows into its equity products.
JPMorgan shares jump on record quarter
Shares for JPMorgan Chase are higher on Friday after the multinational financial services company reported quarterly earnings that beat Wall Street predictions.
Express shares soar on Walmart Bonobos deal
Shares for Express are up on Friday after the fashion apparel brand and style community bought Walmart's menswear line Bonobos for $75 million. Walmart shares are flat.
Boeing halts deliveries of some 737 MAXs, shares fall
Boeing is dealing with a parts issue that is forcing the planemaker to halt deliveries of some 737 aircraft.
Delta discloses record advance summer bookings
Delta Air Lines reported record bookings for the summer of 2023 in their latest earnings report and provided upbeat outlook, though the airline fell short of Wall Street earning and profit forecasts for the March quarter.
SoftBank selling off most of its Alibaba stake: report
SoftBank has reportedly been selling most of its remaining shares in the e-commerce company Alibaba amid a market downturn.
Major movie theater advertising network files for bankruptcy protection
National CineMedia LLC has filed for bankruptcy, a voluntary move the major cinema advertising network revealed Tuesday. Its share price saw a spike amid the news.
Goldman Sachs reshuffles equities unit executives after top trader Montesano's exit
The changes spurned by Joe Matesano's retirement will include new leaders in areas such as equity structured products, emerging markets, and ETFs, among others.
The 60-40 investment strategy back after tanking last year
Last years harsh markets pummeled retail investors. The decline of both stocks and bonds shook those used to the relative safety of a 60-40 portfolio.
Bud Light backlash could hit beer suppliers
Sales of Bud Light have fallen since the Anheuser-Busch product implemented an ad campaign featuring transgender activist and social media influencer Dylan Mulvaney.
Warren Buffett eyes Japanese companies, may boost stakes
Billionaire investor Warren Buffett's Berkshire Hathaway is increasing its stakes in five Japanese trading houses. The total amount is now up to 7.4%.
Bank of America clients withdraw $2.3B from US securities
A note from bank strategist Jill Carey Hall says Bank of America clients sold roughly $2.3 billion in U.S. equities last week.
Boeing returns 737 MAX service for 11 Chinese airlines
The Boeing Company said 11 Chinese airlines have returned the 737 MAX to commercial service as of April 10 in a sign of the plane maker's commitment to its second biggest market.
Bank earnings preview: What finance pros want to see
Ahead of BlackRock, Citigroup, JPMorgan Chase, PNC Financial and Wells Fargo reporting earnings on Friday, finance pros have concerns up and down the balance sheet.
Exxon Mobil, Pioneer rumors spark fracking M&A talk
Exxon Mobil is reportedly in preliminary discussions to acquire Pioneer Natural Resources as part of the oil and natural gas producer’s Permian Basin strategy.



















