News
Wells Fargo CEO Charlie Scharf “excited about the opportunities ahead”
Today, Wells Fargo released its 2024 Q4 financial results, reporting earnings of $5.1 billion. The banking giant also announced a...
JPMorgan names Jennifer Piepszak as new COO
Today, JP Morgan has appointed Jennifer Piepszak as its Chief Operating Officer, effective immediately. She currently serves as Co-Chief Executive...
Capital One faces lawsuit over $2 billion in unpaid interest
In a complaint filed in the Alexandria, Virginia federal court today, the U.S. Consumer Financial Protection Bureau (CFPB) has accused...
Hormel Foods CEO to retire
Today, Hormel Foods announced the upcoming retirement of its CEO, James Snee, after 36 years with the company. After nearly...
Open AI releases economic blueprint, asks government to “act now”
Today, OpenAI released a new Economic Blueprint that outlines policy proposals aimed at strengthening America’s global leadership in AI innovation....
Shake Shack CEO sees “an ample runway for growth ahead”
Today, Shake Shack Inc. announced its preliminary results for the fiscal year 2024, along with an updated outlook on its long-term...
U.S. tech companies angered by latest chip regulations
Today, the Biden-Harris Administration angered U.S. tech companies by releasing an "Interim Final Rule on Artificial Intelligence Diffusion," which imposes...
U.S. unemployment falls to 4.1%
Data released today by the Bureau of Labor Statistics revealed that 256,000 new jobs were created in December, significantly surpassing...
TikTok’s day in court arrives
Today, TikTok and ByteDance will appear before the Supreme Court, challenging a law that would require the social media giant...
Delta Airlines celebrates record 2024 results, expects 2025 to be bigger
Today, Delta Air Lines reported its 2024 earnings results, stating that it expects 2025 to be the most profitable year...
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