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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. $25.19…
Watch: Los Angeles couple’s fireproof home survives destruction Firefighters battling two wildfires that have ravaged Los Angeles in nine days may get a respite Thursday from bad weather. Hurricane-force winds, which initially fanned the flames and hampered rescue efforts, have…
Danish Prime Minister Mette Frederiksen told Donald Trump that Greenland decides its own future. The US president-elect caused a stir in Copenhagen and Nuuk, the capital of Greenland, last week when he said the US wanted to buy the huge…
Google maps Gymnasium in Spišska Stara Vesi Two people have been killed and one injured after a student carried out a knife attack at a school in eastern Slovakia. Local police initially said the suspect, an 18-year-old high school student,…
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 on…
Watch: Jeff Bezos’ Blue Origin launch during the launch of the New Glenn rocket Amazon founder Jeff Bezos’ space company launched its first rocket into orbit in a bid to challenge the dominance of Elon Musk’s SpaceX. The New Glenn…
Cuba has begun freeing the first of hundreds of prisoners it agreed to free under an agreement with the United States. In a deal brokered by the Catholic Church, President Joe Biden removed Cuba from the US list of state…
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 did…
Target on Thursday raised its fourth-quarter sales forecast after more consumers turned to stores and websites for holiday shopping — especially on days known for deep discounts. The major retailer now expects comparable sales to rise about 1.5% in the…
Signs of the British oil and gasoline company BP (British Petroleum) are shown in Warsaw, Poland, on July 29, 2024. Nurphoto | Nurphoto | Getty Images British Oil Company BP on Thursday said it plans to cut thousands of jobs…