Wells Fargo, SocGen to Settle With SEC, CFTC Over Use of Messaging Apps
Truist Financial also disclosed this week that some of its subsidiaries have received requests for information from regulators related to compliance with record-keeping requirements.
Apple Sees Third Straight Quarter of Falling Sales, but Services Unit Hits Record
Sales of iPhones missed analyst estimates, although executives pointed to continued strength in emerging markets.
Amazon Delivers Surprisingly Strong Profit
The results cap earnings reports by other tech giants showing improving health in a range of businesses, though demand in some areas remains soft.
Berkshire Hathaway Class A Stock Hits a Record
Berkshire Hathaway CEO Warren Buffett, who turns 93 on Aug. 30, now holds a stake in the company worth $118 billion.
UAW Demands 40% Pay Hike in Labor Talks With Detroit Automakers
The United Auto Workers union is pressing for the substantial wage increase for factory workers at GM, Ford and Stellantis.
Coinbase Posts Sixth Consecutive Quarterly Loss
The U.S. cryptocurrency exchange remains locked in a legal battle with regulators.
Airbnb Powers to Most Profitable Second Quarter on High Nightly Rates
Airbnb posted its most profitable second quarter ever, boosted by high nightly rates guests were willing to pay-in a sign that steep travel prices are persisting.
Private-Equity Firm KKR in Advanced Talks to Buy Simon & Schuster for Roughly $1.65 Billion
Book publisher was put up for sale for the second time after a judge blocked a previous deal with Penguin Random House.
Tupperware, Lenders Agree to Restructure Debt Obligations Amid Turnaround Efforts
Tupperware Brands finalized an agreement with its lenders to restructure its existing debt obligations as it works to continue its turnaround efforts.
Software Maker Ivanti Discovered Second Security Flaw Days After First One Was Found
Officials in the U.S. and Norway suspect the ‘zero-day’ vulnerabilities have been exploited by state-sponsored hackers.
(END) Dow Jones Newswires
August 03, 2023 21:15 ET (01:15 GMT)
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