Citigroup reports a surprising 4Q revenue miss
4Q profit of $1.61 per share topped the estimate for $1.55.
Stocks fall as China data raises growth concerns
The news out of China weighed on investor sentiment.
Chairman of Dr. Pepper, Krispy Kreme owner resigns
Bart Becht has been a key figure in the company’s aggressive acquisition spree in recent years.
PG&E CEO exits as utility makes bankruptcy preparations
General Counsel John Simon will replace Williams on an interim basis,
PG&E to file for bankruptcy amid massive forest fire liabilities
PG&E is facing lawsuits from the Camp Fire that occurred last year, as well as from a 2017 blaze.
Disney CEO Bob Iger got an 80 percent pay raise in 2018
Iger earned a total compensation package of nearly $66 million in 2018.
Goldman Sachs CEO David Solomon breaks tradition, likely to appear on earnings call amid firm meltdown
Goldman’s new leader is in damage control mode as concerns over business model, 1MDB rise.
Amazon shares rise for third straight week despite Bezos divorce
Shares climbed even as investors processed the potential implications of Bezos’ split with his wife of 25 years, MacKenzie.
GM lifts outlook after plans to cut 15,000 North American workers, stock jumps
The automaker said its decision to cut jobs and close plants will boost its bottom line this year.
Stocks close down after five-day winning streak
Despite the negative close the key equity indexes had a strong week and a strong beginning to the year.
China retailers slash iPhone prices after Apple sales warning
The discounting has been as steep as $118 for the recently launched 64GB iPhone XR.
Carlos Ghosn indicted on two new charges
Ghosn has been detained since his November arrest.
Amazon launches ad-supported streaming-video service
It is the e-commerce giant’s latest effort to grab a larger share of the ad market.
Macy's stock has worst day ever on holiday sales warning
The plunge erased $1.7 billion from Macy’s overall valuation.
Will Jeff Bezos' divorce impact Blue Origin $1B funding pledge?
Bezos has repeatedly said he plans to liquidate $1 billion worth of Amazon stock each year to fuel the space firm's growth.
Bezos divorce clouds his Amazon stake
During the marriage, Bezos amassed a personal fortune while building the world’s most valuable company.
Ford Europe to slash thousands of jobs in turnaround plan
The plan is aimed at achieving a 6 percent operating margin in Europe.
Stocks book 5 straight days of gains, exit correction territory
Trade-sensitive shares led gainers.
Sears chairman submits new roughly $5B bid to save retailer: Report
The bid would be one more chance for the iconic retailer to escape liquidation.
GoPro to pull production of US bound products out of China in 2019
GoPro will continue to produce its product that are for non U.S. markets in China.


















