Tag: business news

PNC Financial, Citizens Financial, M&T Bank — Regional bank stocks were broadly under pressure on Tuesday after Moody's downgraded the ...

Banks hit with 9 million in fines for use of Signal, WhatsApp to evade regulators’ reach

Banks hit with $549 million in fines for use of Signal, WhatsApp to evade regulators’ reach

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U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler, testifies before the Senate Banking, Housing and Urban Affairs Committee during ...

Paramount to sell Simon & Schuster to KKR for .62 billion; media giant’s earnings top estimates

Paramount to sell Simon & Schuster to KKR for $1.62 billion; media giant’s earnings top estimates

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The publishing offices of Simon and Schuster in New York.Amy T. Zielinski | Newscast | Universal Images Group | Getty ...

SoftBank reports surprise loss in first quarter but Vision Fund books billion investment gain

SoftBank reports surprise loss in first quarter but Vision Fund books $1 billion investment gain

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Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp.Kiyoshi Ota | Bloomberg | Getty ImagesSoftBank reported a surprise ...

China releases plans to restrict facial recognition technology

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Passengers swipe ID cards to exit Fuzhou South Railway Station on Dec. 16, 2021. The process doesn't require passengers to ...

Palantir reports 13% revenue growth, issues guidance that tops estimates

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Alex Karp, CEO of Palantir Technologies, leaves a morning session at the Allen & Company Sun Valley Conference in Sun ...

Space company Redwire trims quarterly losses, builds order backlog past 0 million

Space company Redwire trims quarterly losses, builds order backlog past $270 million

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A Redwire Corporation banner is displayed at the New York Stock Exchange, Sept. 8, 2021.Source: NYSESpace infrastructure company Redwire said ...

Berkshire shares hit all-time high as investors cheer strong earnings, Buffett’s near-record cash pile

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Warren Buffett, Berkshire Hathaway CEO and chairman.Cnbc | Nbcuniversal | Getty ImagesBerkshire Hathaway shares rallied to a record high Monday following ...

Zoom can now train its A.I. using some customer data, according to updated terms

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Zoom Meetings logo is seen displayed on a smartphone.Sopa Images | Lightrocket | Getty ImagesZoom wants to train its artificial ...

Shares of China’s second largest chip foundry Hua Hong jump 13% in Shanghai debut

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