Exclusive: JPMorgan in talks to merge blockchain unit Quorum with startup ConsenSys – sources
JPMorgan Chase & Co is in talks to merge its marquee blockchain unit Quorum with Brooklyn-based startup ConsenSys, according to people familiar with the plans....
China c.bank gives green light to Mastercard’s China JV for clearing business
China’s central bank said on Tuesday it has approved an application by Mastercard’s China joint venture to conduct bank card clearing operations in the country....
Wells Fargo CEO Scharf shakes up management at scandal-hit bank
Wells Fargo & Co Chief Executive Charles Scharf announced his first major reshuffle on Tuesday, promoting several executives to new roles while also tapping a...
Boeing scores no January orders for first time since 1962
Boeing Co booked no new orders for airplanes last month, the first time it has come up empty-handed in January since 1962, as the U.S....
Exclusive: Argentina’s Aerolineas to add new flights to New York and Madrid – chairman
Aerolineas Argentinas will add new flights to New York and Madrid as the government-controlled carrier seeks to ramp up sales outside its home country and...
WeWork sets hard free cash flow, revenue targets as part of five-year plan
WeWork on Tuesday brought forward its target of becoming free cash flow positive by a year to 2022 as Chairman Marcelo Claure pushes ahead with...
Finland’s Supercell reports sales up 2% while core earnings slip
Finland’s biggest game maker Supercell reported on Tuesday its full-year 2019 sales rose 2% to 1.39 billion euros ($1.52 billion) although core earnings slipped 4%....
S&P 500, Nasdaq hit new highs at open on coronavirus optimism
The S&P 500 and the Nasdaq opened at all-time highs on Tuesday after top Chinese health adviser said the coronavirus outbreak may peak this month,...
Under Armour shares drop after surprise profit decline warning for 2020
Under Armour Inc on Tuesday forecast a surprise drop in 2020 profit, blaming ongoing weakness in its North American business and the coronavirus outbreak in...
Fed’s Powell says economy ‘resilient,’ but warns on coronavirus, productivity
Federal Reserve Chair Jerome Powell was fairly upbeat about the outlook for the U.S. economy in the first of his twice-a-year updates to Congress on...