Stocks

Citigroup Inc. C is planning to cut up to 200 information technology (IT) contractor jobs in China as part of a strategy to recruit its staff globally, aiming to improve risk management and data governance. This was reported by Reuters, citing people familiar with …

Cash is the lifeblood of any business. It offers strength, vitality and flexibility to make investment decisions, as well as the fuel to run its growth engine. Moreover, cash shields a company from market turmoil and indicates that profits are being channeled in the …

Charter Communications CHTR and Cox Communications have agreed to merge in a landmark deal valued at $34.5 billion, including debt. The merger will bring together two of the top three cable companies in the United States and create a major player in the cable …

Nvidia (NVDA) stock traded flat Monday as market turmoil pressured shares of chipmakers, overshadowing AI chip news during the Computex Taipei tech expo. Stocks recovered from earlier losses to trade down slightly after Moody’s lowered the US credit rating, raising concerns over the country’s …

Capital One Financial Corporation COF has agreed to pay $425 million to settle a lawsuit accusing it of deceiving savings account depositors. On Friday, a notice was filed describing the preliminary settlement in U.S. federal court in Alexandria, VA., as reported by Reuters. Details …

The commerce secretary also is selling more than $360 million in stock back to his former companies. Continue Reading View Comments

Coinbase Global (COIN) will begin trading on the S&P 500 (^GSPC) effective today, replacing Discover Financial Services (DFS) on the exchange. The US Food and Drug Administration (FDA) approves Novavax's (NVAX) COVID-19 vaccine, sending the pharmaceutical stock surging. Tesla (TSLA) is adding former Chipotle …