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JPMorgan Chase posts record profit as the bank’s massive scale pays off
JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and most...
Read moreTarget says its holiday sales were better than expected — but its profits weren’t
Target raised its fourth-quarter sales forecast Thursday after more consumers turned to its stores and website for holiday shopping — particularly...
Read moreMeta announces 5% cuts in preparation for ‘intense year.’ Read the internal memo.
Meta is set to cut about 5% of its workforce, focusing on the company’s lowest-performing staffers, CNBC confirmed Tuesday. CEO Mark Zuckerberg informed...
Read moreThere’s been a ‘meaningful shift’ in CEO confidence since Trump’s election, says Goldman’s Solomon
The election of Donald Trump in November and a swing back to Republican power in Washington is already starting to make an...
Read moreDisney wins the 2024 box office as year-end receipts offer a welcome boost
Foul-mouthed superheroes and family-friendly fare propped up the domestic box office during the final months of 2024. Full-year ticket sales...
Read moreMSNBC President Rashida Jones steps down after four-year tenure
Rashida Jones, the president of MSNBC, announced Tuesday that she is stepping down after four years of steering the cable...
Read moreBoeing delivered 30 airplanes in December, but gap with Airbus widened in 2024
Boeing handed over 348 airplanes in 2024, about a third fewer than it did a year earlier as the aerospace giant struggled with...
Read moreSouthwest Airlines pauses corporate hiring, most summer internships to cut costs
Southwest Airlines is pausing corporate hiring and promotions, suspending most of its summer internships and going without some employee team-building events...
Read moreUSDA documented insects and slime at Boar’s Head plants, records show
Government inspectors documented unsanitary conditions at several Boar’s Head deli meat plants, not just the factory that was shut down last year...
Read moreBiden administration delays enforcing order blocking Nippon Steel-U.S. Steel deal
WASHINGTON — The Biden administration will hold off enforcing a requirement laid out in an executive order this month that Nippon Steel abandon its $14.9 billion...
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IMAX CEO expects $1.2 billion in box office receipts this year, the best in the company’s history
An “embarrassment of riches” at the box office could fuel a $1.2 billion year for IMAX, CEO Rich Gelfond told CNBC...
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CPAC straw poll reveals who conservatives believe will be 2028 presidential nominee
Conservative voters believe Vice President JD Vance will become the Republican Party’s presidential nominee in the 2028 election cycle, a...
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Trump rattles off ‘flagrant scams’ uncovered by DOGE, takes aim at Fort Knox in CPAC speech
President Donald Trump celebrated his whirlwind first four weeks back in the Oval Office in a speech before the Conservative...
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Elon Musk says federal employees must fill out productivity reports or resign
Tech billionaire and Tesla CEO Elon Musk announced that all federal employees are being instructed to report their productivity in...
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