JPMorgan raises CEO Dimon’s pay to $31.5 million
JPMorgan Chase & Co Chief Executive Officer Jamie Dimon will get a nearly 2% raise in compensation for 2019, the Wall Street bank said on...
Intel sees 2020 revenue above estimates as chip demand recovers
Intel Corp on Thursday cemented the market view that a prolonged slowdown in the chip industry was bottoming out by forecasting full-year revenue and profit...
Broadcom to supply wireless components to Apple
Chipmaker Broadcom Inc said on Thursday it has entered into two multi-year agreements with Apple Inc for the supply of wireless components used in its...
S&P 500 gains, Nasdaq hits new high as investors eye earnings, coronavirus
The S&P 500 ended slightly higher and the Nasdaq eked out a record closing high on Thursday, helped by a jump in Netflix, while news...
S&P 500, Nasdaq end higher with Netflix
The S&P 500 ended slightly higher and the Nasdaq eked out a record high close on Thursday, helped by a jump in Netflix, while news...
Bank regulator charges ex-Wells Fargo executives for role in sales scandal
Wells Fargo & Co’s regulator on Thursday announced it had brought civil charges against eight former executives, including former Chief Executive Officer John Stumpf, marking...
Intel forecasts 2020 revenue above estimates, shares rise 7%
Intel Corp forecast full-year revenue above analysts’ estimates on Thursday after beating fourth-quarter earnings expectations, powered by its closely watched data center and PC chips...
Insys founder Kapoor sentenced to 66 months in prison: judge
Insys Therapeutics founder John Kapoor was sentenced to 66 months in prison for his role in an opioid fraud scheme by a U.S. district judge...
Oil falls 2% as specter of China virus threatens fuel demand
Oil prices fell 2% on Thursday on concern that the spread of a virus from China could lower fuel demand if it stunts economic growth,...
Dollar up vs euro as ECB holds rates steady, launches review
The dollar rose against the euro on Thursday after the European Central Bank held interest rates steady and launched a broad review of its policy...