Google rebounds from unprecedented drop in ad drop with a resurgence that pushes stock higher
Google snapped out of an unprecedented advertising slump during its latest quarter, signaling a return to growth cycle needed to fuel investments in artificial intelligence technology that expected to reshape the competitive landscape
1970-01-01 08:00
Banc of California set to merge with rival PacWest
PacWest Bancorp is set to merge with Banc of California in a $400 million equity deal, according to a joint announcement the banks released Tuesday afternoon, ahead of their second-quarter earnings results.
1970-01-01 08:00
Banc of California to buy troubled PacWest Bancorp, which came close to failing earlier this year
The Banc of California has agreed to buy PacWest Bancorp in an all-stock transaction, bringing an end to months of speculation about whether PacWest could survive on its own after the failures of three other regional banks this spring
1970-01-01 08:00
Wells Fargo & Company Increases Common Stock Dividend and Announces New $30 Billion Common Stock Repurchase Program
SAN FRANCISCO--(BUSINESS WIRE)--Jul 25, 2023--
1970-01-01 08:00
House Republicans plan to hold Meta's Mark Zuckerberg in contempt of Congress
Meta CEO Mark Zuckerberg is being threatened with contempt of Congress
1970-01-01 08:00
Microsoft reports $20.1B quarterly profit as it promises to lead "the new AI platform shift"
Microsoft on Tuesday reported fiscal fourth-quarter profit of $20.1 billion, or $2.69 per share, beating analyst expectations for $2.55 per share
1970-01-01 08:00
PacWest merges with Banc of California in all-stock deal
Banc of California and PacWest Bancorp on Tuesday announced an all-stock merger with a $400 million equity raise
1970-01-01 08:00
Microsoft beats quarterly revenue estimates
Microsoft on Tuesday surpassed Wall Street estimates for fourth-quarter revenue and profit as its cloud business benefited from
1970-01-01 08:00
Bryan Cranston, Jessica Chastain join star-studded Times Square rally of striking actors and writers
SAG-AFTRA held its largest and most star-studded rally yet on Tuesday in Times Square
1970-01-01 08:00
GM to add battery module assembly to some North American EV plants
By Paul Lienert General Motors will begin assembling electric vehicle battery packs near its BrightDrop commercial van plant
1970-01-01 08:00
Court says OxyContin maker's bankruptcy and protections for Sackler family members can move ahead
OxyContin maker Purdue Pharma can start its transformation under a bankruptcy agreement that allows the members of the wealthy Sackler family who own the company to avoid civil lawsuits over the opioid crisis, a court has ruled
1970-01-01 08:00
Oklahoma attorney general joins lawsuit over tribal gambling agreements, criticizes GOP governor
Oklahoma's new Republican attorney general says he's stepping into an ongoing legal dispute over tribal gambling agreements signed by Gov. Kevin Stitt several years ago
1970-01-01 08:00