Stocks

After rising interest rates and fear of a recession mounted in 2022, Wall Street bonuses fell 26%.

The first round of layoffs at Disney has reportedly included 300 job cuts in Beijing involving the company's streaming service.

Isaac "Ike" Perlmutter, the chairman of Marvel Entertainment, was laid off as part of Disney's cost-cutting efforts, an active attempt to save $5.5 Billion in costs.

According to a filing from the Securities and Exchange Commission, Warren Buffett’s Berkshire Hathaway has upped its stake in Occidental Petroleum.

JPMorgan Chase CEO Jamie Dimon will reportedly be interviewed under oath in connection with the bank's relationship with Jeffrey Epstein.

A survey from the Conference Board on Tuesday showed the Consumer Confidence Index went up in March, rising to 104.2 from 103.4 in February.

Tesla will report their latest quarterly deliveries on Sunday. Barclays Senior Autos Analyst Dan Levy expects the electric vehicle maker to exceed the 420,000-unit consensus forecast.

News of the restructuring comes one day after Alibaba founder Jack Ma was spotted at a primary school in Hangzhou, marking his first public appearance in mainland China in over a year.

Alibaba founder Jack Ma is back in China visiting the Alibaba-owned Yungu School in Hangzhou to discuss artificial intelligence-powered chatbot ChatGPT.

Novartis said the drug showed positive topline results from an interim analysis of NATALEE in a broad population of patients with early breast cancer.

Banking turmoil will be the focus of hearings in the coming week as investors monitor the future of firms including First Republic while also digesting home price and inflation data.

Data compiled by Investment Company Institute shows market fund assets ballooned to $5.13 trillion for the week ending on Wednesday, March 22, amid the banking crisis.

Shares for Deutsche Bank are down Friday amid concerns the German bank will pay higher costs for financial derivatives, called credit default swaps that insure bondholders against banks defaulting on debt.

Japanese tech company Toshiba has accepted a tender offer worth $15 billion from Japanese Industrial Partners.

Following a two-year investigation, Hindenburg Research claims Block Inc. has taken advantage of the demographics by overstating its user numbers and understatong its customer acquisition costs.

Shares for the crypto exchange platform Coinbase are down on Wall Street despite the company’s explanation of the Securities and Exchange Commission’s (SEC) alleged violations of federal securities laws related to the company’s staking service Coinbase Earn, Coinbase Prime, and Coinbase Wallet.

The confidence level in the banking sector among U.S. adults took a drastic hit this month following the upheaval in the industry.

Starbucks workers protested Wednesday against what they describe as union-busting efforts ahead of the company's annual meeting.

Shares are down for PacWest after subsidiary Pacific Western Bank said deposits are stable after receiving 1.4 billion from investment firm Atlas SP Partners.

The Federal Reserve’s interest rate hike strategy has inadvertently caused a banking crisis as elevated interest rates slow bank loans.