
PNC and JP Morgan Win the Bid for First Republic Bank’s Assets
PNC Financial Services Group and JPMorgan Chase submitted the winning bids for First Republic Bank’s assets at an FDIC auction, according to sources. Citizens Financial […]
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PNC Financial Services Group and JPMorgan Chase submitted the winning bids for First Republic Bank’s assets at an FDIC auction, according to sources. Citizens Financial […]
Samsung Electronics reported underwhelming first quarter results today, dragged down by staggering losses in its semiconductor division. The tech giant posted consolidated sales of $47.5 […]
The once mighty home goods retailer Bed Bath & Beyond announced today that it has filed for Chapter 11 bankruptcy, marking the end of nearly […]
The thought of a bank shutting down can be a scary one for many people, especially if they have deposited a significant amount of money […]
The U.S. economy added 311,000 jobs in February, exceeding expectations and signaling a hot employment market, according to the Labor Department. Though job creation decelerated […]
PepsiCo Inc has announced that it has recalled more than 300,000 Starbucks coffee drinks after glass was found in some of the bottles. The voluntary […]
Boeing plans to cut jobs in its aerospace company’s finance and human resources departments in 2023, which will result in the loss of about 2,000 jobs. […]
Philips, the Dutch home appliance and medical device maker, said on Monday it will cut 6,000 jobs worldwide over the next two years, while also […]
The Japanese economy unexpectedly contracted for the first time in a year as rising prices directly hit growth in consumer spending. Gross domestic product (GDP) […]
Credit Suisse is laying off thousands of jobs and restructuring its business to stem heavy losses and investor fears. The bank said it would take […]
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