The South Korean organization said Thursday it expects an operating profit of about 12.3 trillion won (10. 10.6 billion) in the July-September quarter. Which is 58% more than the same period a year ago. The 26% profit bump forecast by data provider Refinitive also beat analysts by this estimate. Samsung …
Read More »
JPMorgan Chase (JPM) on Thursday announced a five-year, 30 billion initiative to address racial inequality in black and Hispanic communities. This comprehensive initiative seeks to establish homeownership, expand banking in underworld communities, provide capital to minority-owned enterprises, and diversify the bank’s own workforce. In total, the largest bank in the …
Read More »
Here are the top headlines from Fox Business Flash. Check out what is clicking on FoxBusiness.com. Howard Stern will probably get his very lucrative deal with SiriusMM. According to Bloomberg, the 66-year-old on-air host is facing negotiations with a satellite radio company because his current contract is due to expire …
Read More »
Image copyright pyrite EPA Image citation Protests against the election results in Kyrgyzstan have caused a stir in the parliament building The power vacuum is threatening to destabilize Kyrgyzstan, which is struggling to come up with a legal way to transfer power in the wake of a violent uprising over …
Read More »
Citigroup was fined by federal banking regulators on Wednesday Inc. C 0.97% Million 400 million and ordered the country’s third-largest bank to improve its risk-management systems, citing “significant ongoing shortcomings.” The consent order, approved by the board of New York Bank, blamed Citigroup for a reduction in “various areas of …
Read More »