BlackRock’s third-quarter profit rises as investors flock to its funds

(Reuters) – BlackRock, the world’s largest asset manager, on Friday reported a 13% rise in third-quarter profit as a rebound…

Netflix falls as analyst downgrades on ‘full’ expectations for 2024

Netflix (NASDAQ:NFLX) shares fell more than 2% in early Friday trade after Wolfe Research analysts downgraded the rating to Peer…

Infosys dividend announcement boosts Akshata Murty’s wealth

Akshata Murty, a significant shareholder in Infosys (NS:INFY), is poised for a substantial wealth increase as the company announced an Rs 18…

Qualcomm initiates layoffs amid falling chip sales and economic uncertainty

In response to a challenging economic climate and dwindling demand, Qualcomm (NASDAQ:QCOM) has initiated a strategic restructuring plan that includes…

Boeing, Spirit expand inspections for 737 MAX production defect

(Reuters) – Boeing and Spirit AeroSystems (NYSE:SPR) have expanded the scope of their ongoing inspections of a production defect affecting…

California AG says he may sue to stop Kroger from buying Albertsons

(Reuters) – California Attorney General Rob Bonta said on Thursday that his office was concerned about Kroger (NYSE:KR)’s proposed deal…

e-CNY pilot expands to 26 locations, eyes cross-border transactions

China’s central bank digital currency (CBDC), known as e-CNY, has expanded its pilot to 26 locations, a move that has…

Zaggle shares surge 51% on $20M Visa contract

In a recent turn of events, fintech firm Zaggle Prepaid Ocean Services’ share value has risen by 51% following a…

Dollar General shares rise 8% on return of old CEO; earns analyst upgrade to Buy

Dollar General said it had appointed former Chief Executive Officer Todd Vasos as CEO of the company. Dollar General Corporation…

Ford says it is ‘at the limit’ with UAW contract offer

(Reuters) – A senior Ford (NYSE:F) executive said Thursday the automaker is “at the limit” of what it can spend…