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Investing

Retail crime ‘queenpin’ to pay millions in restitution to retailers for theft ring

The California mom who pleaded guilty to running an organized retail crime ring that stole millions of dollars in beauty products from Ulta…
Investing

Netflix shares soar as company reports surging revenue, tops 300 million subscribers

Shares of Netflix soared more than 13% Tuesday after the company posted fourth-quarter results that beat on the top and bottom lines. The company…
Investing

Goldman Sachs rolls out an AI assistant for its employees as artificial intelligence sweeps Wall Street

Goldman Sachs is rolling out a generative AI assistant to its bankers, traders and asset managers, the first stage in the evolution of…
Investing

‘Moana 2’ tops $1 billion, extending Disney’s box office domination

The Walt Disney Company’s box office domination continued over the holiday weekend. “Moana 2” topped $1 billion during the Martin Luther King Jr….
Investing

JPMorgan Chase CEO Jamie Dimon on Trump tariffs: ‘Get over it’

JPMorgan Chase CEO Jamie Dimon said Wednesday that the looming tariffs that President Donald Trump is expected to slap on U.S. trading partners could be viewed positively….
Investing

With Trump digital coins, billions of dollars — and crypto’s credibility — are at stake

The creation of billions of dollars of digital wealth for the Trump Organization started with a social media post Friday.  At 9:44…
Investing

Trump not expected to carry through on Day 1 tariff threats

President Donald Trump isn’t expected to carry through on his threat to impose sweeping tariffs on the first day of his presidency,…
Investing

Bank of America CEO says financial industry will jump into crypto payments if regulators allow it

Bank of America CEO Brian Moynihan said Tuesday that the U.S. banking industry will embrace cryptocurrencies for payments if regulators allow it. The head of…
Investing

DOJ sues Walgreens, alleging it ‘knowingly’ filled millions of invalid prescriptions

The Department of Justice said Friday that it sued pharmacy giant Walgreens over allegedly dispensing millions of unlawful prescriptions. The DOJ said that Walgreens from August 2012 until…
Investing

Vanguard fined more than $100 million by SEC over violations involving target date retirement funds

Asset management giant Vanguard has been fined more than $100 million to settle charges related to disclosures around target date investment funds, the Securities…
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