Wells Fargo revenue misses on consumer banking weakness
The bank had a profit of $6.15 billion, or $1.16 per share in the year ago quarter.
JPMorgan Chase 4Q EPS misses estimate as bond trading slumps
Earnings per share of $1.98 fell short of the $2.20 estimate.
Citigroup reports a surprising 4Q revenue miss
4Q profit of $1.61 per share topped the estimate for $1.55.
PG&E to file for bankruptcy amid massive forest fire liabilities
PG&E is facing lawsuits from the Camp Fire that occurred last year, as well as from a 2017 blaze.
Goldman Sachs CEO David Solomon breaks tradition, likely to appear on earnings call amid firm meltdown
Goldman’s new leader is in damage control mode as concerns over business model, 1MDB rise.
Venture capital investments hit record $130B in 2018
The previous record was set during the dot-com bubble in 2000.
Nike's Dutch tax status investigated by EU Commission
Beneficiaries of such schemes have included Amazon, Apple, Starbucks and Fiat.
Goldman gives Michael Milken 'hero's welcome' as firm lecturer
Goldman's CEO David Solomon brings in Milken as a VIP guest.
Yellow vest protesters call for huge run on French banks
Protesters hope the move will force the government to listen to their demands.
Boeing sets airplane delivery record at more than 800 jets in 2018
The aerospace giant continued its reign as the world's largest planemaker.
JPMorgan Chase's Jamie Dimon's biggest complaint about America, partisan politics
Dimon says America has been unable to do a lot of things that need to be done.
Financial titans plan low-cost stock exchange
Founding members include Bank of America Merrill Lynch, Charles Schwab and Morgan Stanley.
Marriott says fewer guests affected in Starwood hack
The hotel giant gives update on security breach.
Google stashed billions in offshore tax haven
The strategy is known as a “Double Irish with a Dutch Sandwich.”
Tesla shares drop as deliveries disappoint
The automaker announced it will cut prices on all vehicles after a federal tax credit was reduced on Jan. 1.
Elon Musk, Amazon's Bezos and Fed's Powell land on 2018 blunders and bright spot list
A look at 2018's winners & losers in business.
US companies repatriate more than half a trillion dollars in 2018, but pace slows
The repatriation bonanza followed new regulations that allowed the U.S. government to tax profits accumulated overseas, regardless of where the money was held.
Fed Chair Powell's unscripted approach sets up for rocky 2019
Financial markets will need to brace for next year.
Deutsche Bank is strong, has no need for state aid, merger: Chairman
Achleitner added that he would not step down after a tough year.
US regulator SEC to operate on partial basis due to federal shutdown
The agency will maintain operations for its offices of enforcement and investor complaints.