Bank of America profit falls on one-off charges, shares slide
By Saeed Azhar and Mehnaz Yasmin NEW YORK (Reuters) -Bank of America’s profit shrank in the fourth quarter, hurt by…
US FDA identifies recall of ResMed’s respiratory devices as most serious
(Reuters) – The U.S. Food and Drug Administration (FDA) on Thursday classified the recall of certain respiratory masks made by…
International Battery Metals leases lithium filtration plant for US production
By Ernest Scheyder (Reuters) – International Battery Metals on Thursday said it leased its portable direct lithium extraction (DLE) plant…
‘Remarkable’ surge in auto insurance costs fans US inflation
(Reuters) – Even as U.S. inflation has eased in the last year, an unusual culprit has emerged in recent months…
Citigroup sees headcount dropping 20,000 by 2026
(Reuters) – Citigroup’s Chief Financial Officer Mark Mason said on Friday the bank expects its headcount to be down roughly…
Trump tangles with judge as New York civil fraud trial wraps up
By Jack Queen and Luc Cohen NEW YORK (Reuters) -Donald Trump on Thursday accused the New York judge in his…
Hunter Biden pleads not guilty to tax fraud charges
By Chris Kirkham LOS ANGELES (Reuters) -U.S. President Joe Biden’s son Hunter Biden pleaded not guilty on Thursday in federal…
Disney studio Pixar poised to cut jobs, number undecided -source
(Reuters) -Walt Disney’s Pixar Animation Studios is set to cut jobs as the studio has completed production on some shows…
OpenAI CEO Sam Altman, US House Speaker Mike Johnson discuss AI’s risk
By Kanishka Singh WASHINGTON (Reuters) – OpenAI CEO Sam Altman met Republican U.S. House of Representatives Speaker Mike Johnson on…
Wall Street little changed after inflation, labor market data
By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks closed little changed on Thursday as news of hotter-than-expected inflation and signs…