James Gorman, President and CEO of Morgan Stanley, appears on CNBC’s Squawk Box at the 2020 World Economic Forum in Davos, Switzerland, on January 22, 2020. Adam Galici | fake pictures Morgan Stanley released second-quarter results on Thursday that beat analyst estimates of stronger business revenue than expected. The bank …
Read More »
Bank of America released second-quarter earnings on Thursday that were bolstered by stronger-than-expected bond trading and investment banking revenues. The bank said it generated earnings of $ 3.5 billion, or 37 cents a share, exceeding the 27 cents a share expected by analysts polled by Refinitiv. However, revenue of $ …
Read More »
A member of a ground team passes alongside American Airlines planes parked at the gate during the outbreak of coronavirus disease (COVID-19) at Ronald Reagan National Airport in Washington, April 5, 2020. Joshua Roberts | Reuters Senior executives at American Airlines backed an effort Wednesday to extend billions in federal …
Read More »
An airline employee passes through the empty terminals of American Airlines at Washington’s Ronald Reagan National Airport in Arlington, Virginia, on May 12, 2020. ANDREW CABALLERO-REYNOLDS American Airlines on Wednesday warned some 25,000 front-line employees, about 20% of its workforce, of possible licenses, the latest airline to prepare staff for …
Read More »
An exterior view of the Sweet Tomatoes restaurant, which has closed its doors on July 8, 2020 in Pembroke Pines, Florida. Johnny Louis | fake pictures As Covid-19 cases continue to rise in cities and states across the country, companies face a second wave of potential closings and layoffs. The …
Read More »