Bank of America trims net interest income guidance
Bank of America Corp lowered its annual net interest income guidance on Wednesday to reflect a weakened interest rate environment as the second-largest U.S. lender...
Wall Street opens flat, investors shrug off bank results
U.S. stocks opened flat on Wednesday as trade worries and concerns about the balance of monetary policy and growth outweighed solid results from Bank of...
Wall Street set to open flat as investors shrug off bank results
Wall Street was set for a muted open on Wednesday as trade worries and concerns about the balance of monetary policy and growth outweighed solid...
Microsoft, AT&T ink cloud deal worth more than $2 billion
Microsoft Corp and AT&T Inc on Wednesday said they reached a deal under which the telecommunications firm will tap Microsoft’s Azure cloud service for its...
Bank of America profit beats as healthy economy fuels loan growth
Bank of America Corp beat estimates for quarterly profit on Wednesday, as the United States’ second-largest lender’s loan book benefited from a healthy domestic economy....
Trade war, Brexit stoke debt and dollar, hit stocks and sterling
Resurgent trade tensions, concern over the outlook for corporate America and the growing risk of a chaotic Brexit in the United Kingdom curtailed appetite for...
Facebook to face more scrutiny from Congress on Libra
Facebook Inc will face more questioning on Wednesday by U.S. lawmakers over its planned cryptocurrency after a bruising first bout when senators from both parties...
Bank of America profit rises on loan growth
Bank of America Corp reported a 10% increase in quarterly profit on Wednesday as a healthy U.S. economy boosted demand for loans....
Amazon appeases German watchdog, but EU opens new probe
Amazon has reached a deal with Germany’s anti-trust authority to overhaul its terms of service for third-party merchants, acting to appease regulators as the European...
Bills targeting China’s Huawei introduced in Congress
Members of the U.S. Senate and House of Representatives introduced bills on Tuesday to keep tight restrictions on Huawei Technologies Co Ltd, amid concern about...