Wells Fargo & Co reported a 55per cent fall in quarterly profit on Tuesday, as it struggled to grow in a lower interest rate environment and saw a surge in cost stemming from the regulatory fallout of a series of sales scandals.
Citigroup Inc reported a 15per cent jump in fourth-quarter profit on Tuesday, driven by higher credit card and trading revenue, as well as a lower tax bill.
Why was the Ukrainian airliner mistakenly shot down near Tehran by Iranian forces last week for the loss of 176 lives even allowed to take off from a country that had just fired missiles towards its neighbour? And why didn't the airline just delay or cancel the flight?
Microsoft Corp said on Tuesday it will roll out a security fix that cybersecurity experts expect will correct a highly dangerous weakness in its popular Windows operating system.
American Airlines Group Inc will extend cancellations of Boeing Co 737 MAX flights through Jun 3 as the grounding threatens to impact a second busy US summer travel season.
The U.S. National Transportation Safety Board (NTSB) will meet on Feb. 25 to determine the probable cause of the 2018 fatal crash of a Tesla Inc vehicle in Mountain View, California, the agency said.
Amazon.com Inc founder Jeff Bezos arrived in India on Tuesday, according to a post on his Twitter account, as thousands of small traders across 300 cities planned protests, claiming the firm is distorting local retail market.
U.S. transportation regulators will meet Feb. 25 to determine the probable cause of the 2018 fatal crash of a Tesla Inc vehicle in Mountain View, California, the National transportation Safety Board said in a statement.
Boeing Co reported its worst annual net orders in decades on Tuesday, along with its lowest numbers for plane deliveries in 11 years, as the grounding of its 737 MAX jet saw it fall far behind main competitor Airbus.
The U.S. Supreme Court on Tuesday threw out a lower court ruling that allowed a lawsuit to proceed against managers of a retirement fund for IBM Corp employees centering on allegations that officials failed to disclose that IBM's microelectronics business was over-valued.
