Goldman Sachs rides investment banking, trading to big earnings beat
Both the investment banking and trading divisions raked in the highest revenue in years, even as Goldman increased its reserves against potential loan defaults.
Apple wins major tax battle against EU
The bloc’s second-highest court sided with the tech giant over allegedly unpaid taxes to Ireland
Stock futures rise on coronavirus vaccine hopes
An experimental COVID-19 vaccine under development by Moderna and the U.S. National Institutes of Health revved up people’s immune systems
Best Buy to require customers to wear masks amid virus spike
Best Buy will provide a face covering if a customer doesn’t have one
Tesla secures tax breaks for cybertruck factory in Texas
The decision marks a step forward for Texas as it vies with Oklahoma to attract a new factory
Dow soars 557 points, energy, materials drive broad gains
Major U.S. banks increased reserves against loan defaults during the COVID-19 pandemic while California backtracked on reopenings.
Big investors grow less optimistic on V-shaped coronavirus recovery
Fund managers increased their cash piles amid a declining belief the U.S. economy will see a rapid V-shaped recovery.
Rock-bottom mortgage rates cushion banks during coronavirus pandemic
Historically-low mortgage rates are helping banks generate revenue amid the COVID-19 pandemic.
Delta Air Lines takes $7B loss as coronavirus grounds flights
Delta Air Lines lost $3.86 billion before taxes and other items as the COVID-19 pandemic grounded flights.
Amazon unveils shopping cart that knows what you're buying
Cameras, sensors and a scale will automatically detect what shoppers drop in
Stock futures trade lower as banks report earnings
JPMorgan Chase reported better-than-expected results. Citigroup earnings per share were also better than expected, while Wells Fargo reported a net loss of $2.4 billion.
Luckin Coffee ousts chairman Lu, names Guo as CEO
Guo was previously the acting CEO of the company
Stocks surrender gains after California rolls back coronavirus reopenings
A late day reversal hits stocks hard ahead of bank earnings out tomorrow.
Varney: American big tech will 'dominate' post-coronavirus economy
FOX Business' Stuart Varney during his latest "My Take” argues that American big tech has "enriched" the U.S.
PepsiCo beverage sales slide amid coronavirus lockdowns
PepsiCo reported second-quarter sales slid 3.1 percent from a year ago as consumers stocked up on snacks and bought fewer beverages amid the COVID-19 pandemic.
Analog Devices to buy rival Maxim Integrated, form $68B chipmaker
Analog Devices has agreed to buy Maxim Integrated products in all-stock deal.
Stock futures rise to start week ahead of earnings season
On Tuesday, heavyweights like JPMorgan Chase, Citigroup and Wells Fargo will report
Analog Devices in talks to buy Maxim Integrated for about $20B
All-stock sale of Maxim could be announced as soon as Monday
MultiPlan to go public in merger With Churchill Capital entity
MultiPlan’s platform is used by insurance companies to find cost savings in health-care claims
Coronavirus vaccine could tilt election toward Trump by energizing stock market
The S&P 500 has rallied 42 percent from its March 23 low, but the momentum has stalled over the past week as the number of daily COVID-19 infections reached the highest level on record.


















