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Morgan Stanley’s profit jumps as investment banking recovers

Morgan Stanley's profit rose in the second quarter as investment banking activity rebounded on strength…

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Macy’s cuts off talks with Arkhouse, Brigade

Macy’s said on Monday that it will stop engaging in talks with Arkhouse Management and…

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Stolen crypto via hacking increased 110% in first half of 2024 over 2023

The first half of 2024 saw hackers targeting cryptocurrency abscond with $1.38 billion, TRM Labs…

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Allstate reportedly wants to raise California homeowners rates by 34%

Allstate, one of California’s largest insurers, wants to raise its homeowners’ rates by an average…

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Paris Olympics a drag on revenues for Air France, Delta; will cost millions

The Paris Olympics are causing a drag on revenues for two airlines. Air France-KLM Group…

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U.S. House expected to uphold Biden veto preserving SEC accounting rule

The Biden Administration is on the verge of securing an important victory in its crackdown…

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Billionaire investor Bill Ackman starts fundraising for new US fund

Hedge fund manager Bill Ackman kicked off fundraising for a new U.S.-listed closed-end fund on…

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What are the odds of Biden dropping out? Here’s what the betting markets say

A defiant President Biden insists he will be the Democratic Party's nominee in 2024 despite…

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Paramount agrees to merger with Skydance

Paramount Global and Skydance Media have reached a deal to merge the two media companies…

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Tesla, shares, Musk, Robotaxi | Fox Business

Tesla shares are now positive for the year as downbeat investors change their tune on…

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