Category Breaking News

Bank of America (BAC) Q4 2024 Earnings

[ad_1] Bank of America on Thursday posted results that beat expectations for profit and revenue on better-than-expected investment banking and interest income. Here’s what the company said: income: 82 cents vs. 77 cents expected, LSEG said income: $25.5 billion vs.…

Morgan Stanley (MS) Q4 2024 Earnings

[ad_1] Ted Peek, CEO of Morgan Stanley, speaking on CNBC’s Squawk Box at the annual meeting of the World Economic Forum in Davos, Switzerland on January 18, 2024. Adam Galitsky | CNBC Morgan Stanley beat fourth-quarter earnings and revenue estimates…

BP to cut 4,700 jobs to cut costs

[ad_1] Oil giant BP will cut around 4,700 jobs, more than 5% of its total workforce, as part of its cost-cutting plans. The British firm, which has a global workforce of around 90,000, confirmed the job losses on Thursday but…