JPMorgan profit beats estimates even as interest income misses predictions
By Nupur Anand and Niket Nishant (Reuters) -JPMorgan Chase’s profit beat estimates in the first quarter, but its shares fell…
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Exclusive-OpenAI’s Altman pitches ChatGPT Enterprise to large firms, including some Microsoft customers
By Krystal Hu and Dawn Chmielewski (Reuters) – OpenAI Chief Executive Sam Altman has hosted hundreds of Fortune 500 company…
Citi profit falls on severance costs from reorganization while stock slides
By Manya Saini and Tatiana Bautzer (Reuters) -Citigroup’s first-quarter profit fell 27% as the bank took charges related to its…
Morgan Stanley’s wealth arm under probe by multiple regulators, WSJ reports
(Reuters) -Morgan Stanley’s wealth management arm is being probed by multiple regulators, the Wall Street Journal reported on Thursday, citing…
Rent the Runway shares get caught up in AI frenzy, surge over 200%
By Ananya Mariam Rajesh (Reuters) -Traders piled into shares of Rent the Runway on Thursday, sending the shares up by…
Trump suffers twin setbacks as judges reject calls to dismiss charges
By Andrew Goudsward WASHINGTON (Reuters) -Donald Trump suffered a pair of legal setbacks on Thursday as judges spurned his calls…
Judge denies New York county’s request to let it enforce trans sports restrictions
By Jonathan Allen NEW YORK (Reuters) -A federal judge on Thursday denied a request by New York’s Nassau County to…
Centrist group No Labels drops third-party White House bid
By Stephanie Kelly and Jarrett Renshaw WASHINGTON (Reuters) -Centrist group No Labels will not field a third-party bid for the…
Canadian lender RBC’s CEO says City National will be a ‘net contributor’
By Nivedita Balu TORONTO (Reuters) – Royal Bank of Canada expects its struggling unit in the U.S. to be “a…
Biden to speak with Netanyahu on Thursday, US official says
By Steve Holland WASHINGTON (Reuters) -U.S. President Joe Biden will speak by phone with Israeli Prime Minister Benjamin Netanyahu on…