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In this article UBSG-CH FABRICE COFFRINI | AFP | Getty Images UBS has beat expectations for the first quarter of 2022 and said it has further reduced its exposure to Russia. The Swiss bank on Tuesday reported net profit attributable to shareholders of $2.136 billion, above forecasts compiled by the bank of $1.79 billion, according to
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, April 14, 2022. Brendan McDermid | Reuters Nasdaq 100 futures fell on Tuesday night after the major averages continued their April sell-off amid concerns of an economic slowdown. Dow Jones Industrial Average futures fell 18 points, or 0.1%. S&P
The future is uncertain for Twitter employees after the board accepted a $44 billion offer from Tesla CEO Elon Musk to buy the popular social media platform and take it private on Monday. “Once the deal closes, we don’t know which direction the platform will go,” Twitter CEO Parag Agrawal told employees during a company-wide
Your end-of-life experience may be very different depending on where you live, according to a Policygenius report that ranks the country’s best and worst places to die. The report gave each state and the District of Columbia a numerical score based on seven factors, including funeral costs and services, green burials, palliative care, Medicare providers,
Westend61 | Westend61 | Getty Images Fidelity Investments is offering bitcoin to 401(k) investors. But before retirement savers get access, employers must give the green light — and that’s often much more complicated than it sounds. Fidelity administered almost $2.9 trillion of 401(k) and other workplace retirement plan assets (representing over a quarter of the
Donald Trump, president and chief executive of Trump Organization Inc. and 2016 Republican presidential candidate, left, awards a $100,000 check to a veterans charity during a campaign event at the Orpheum Theater in Sioux City, Iowa, U.S., on Sunday, Jan. 31, 2016. Luke Sharrett | Bloomberg | Getty Images The check is due now, Mr.
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Travelers look at a display board showing cancelled and delayed flights at Orlando International Airport on New Year’s weekend, despite thousands of flight cancellations and delays across United States. Paul Hennessy | Lightrocket | Getty Images The Federal Aviation Administration will meet with major U.S. airline staff next month to discuss ways to improve the
In this article WBD David Zaslav Anjali Sundaram | CNBC Warner Bros. Discovery reported a 13% revenue jump and consistent streaming subscriber growth for its fiscal first quarter Tuesday. The results don’t include first-quarter performance from WarnerMedia, which Discovery bought this month. The company reported revenue of $3.16 billion and net income of $456 million. Shares
In this article SHW GE WM WBD SEAS A General Electric (GE) sign is seen at the second China International Import Expo (CIIE) in Shanghai, China November 6, 2019. Aly Song | Reuters Check out the companies making headlines in midday trading. General Electric — Shares slid more than 11% despite the industrial company reporting
If Twitter is now Elon Musk’s world, it seems Jack Dorsey is ready to live in it. On Monday – after weeks of back and forth between the richest man in the world and Twitter’s board – Musk bought the company at $54.20 per share, a deal valued at $44 billion. That same day, Twitter
Alxeypnferov | Istock | Getty Images As more people head back to the office, they may not be able to rely anymore on their work wardrobe from more than two years ago. Their tastes or size may have changed during the pandemic, or their company might have amended expectations around professional attire. Restocking your closet
Getty Images Some investors may soon be able to add cryptocurrencies to their 401(k) accounts. Fidelity Investments announced Tuesday it will begin allowing investors to put cryptocurrencies such as bitcoin in 401(k) retirement accounts, making it the first provider to do so. The offering will be available midyear for the 23,000 companies that use Fidelity
A “For Sale” sign is seen in front of a home in Miami, Florida. Joe Raedle | Getty Images Home prices increased 19.8% in February year over year, according to the S&P CoreLogic Case-Shiller national home price index. That is up from the 19.1% annual increase in January and is the third-highest reading in the
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Nearly one in three travelers turn to social media for holiday inspiration, according to a new study. The figures are even higher for younger travelers. Some 60% of Gen Zs and 40% of millennials use social media for travel purposes, according to an April 2022 report by the travel company Arrivia. On TikTok alone, the
In this article PEP In this photo illustration PepsiCo products are shown on October 05, 2021 in Chicago, Illinois. Scott Olson | Getty Images PepsiCo on Tuesday reported quarterly earnings and revenue that topped analyst expectations, as consumers paid more for their Doritos, Quaker oatmeal and Gatorade. On the heels of its strong performance, the company raised
Pankaj Nangia | Bloomberg | Getty Images Check out the companies making headlines in extended trading. Cadence Design Systems – Shares of computer software company gained 5% after hours following the company’s quarterly earnings reports. Earnings and revenue for the first quarter both came in above consensus forecasts, according to FactSet. The company also issued