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AT&T Sells, Leases Back Central Offices for $850 Million

AT&T sells $850 million worth of central office facilities to Reign Capital through sale-leaseback to exit copper network operations.

American Express Profit Fueled by Holiday Spending Boom

American Express profits surged 12% in Q4 as consumer spending on credit cards exceeded expectations. Billings rose 8%, and revenue is projected to grow 8-10% in 2023.

Trump Tariffs Would Hurt US Automakers and Consumers, Report Says

Tariffs on Canadian cars would hurt US automakers and consumers, a new report says.

UnitedHealthcare Names Tim Noel as New CEO After Brian Thompson's Death

UnitedHealth Group Appoints Tim Noel as UnitedHealthcare CEO

US Stocks Jump to Close Higher After Trump Speech

US stocks finished the day in the green on Thursday, the S&P 500 reaching a fresh all-time closing high of 2025. Investors digested remarks from President Donald Trump, who addressed the World Economic Forum in Davos. Meanwhile, investors focus on earnings as Netflix sets the stage for the upcoming Big Tech deluge.

Trump Executive Action Establishes Crypto Regulation Group, Prohibits CBDCs

President Trump's Executive Action on Cryptocurrency: Establishing Regulation, Stockpiling Evaluation, and Industry Support

Boeing (BA) Plunges on $3.5B Q4 Cash Flow Loss, Job Cuts

Shares of Boeing (BA) are moving lower on disappointment, despite lower-than-feared revenue and operating cash flow loss in Q4, but GAAP loss per share was wider than expected at $5.46 vs. the $1.32 consensus.

Novo Nordisk's New Weight Loss Drug Delivers Favorable Results, Boosting Stock Price

Novo Nordisk's amycretin, a new weight loss drug, shows promise in early-stage trials, boosting the company's stock by over 12%. The injectable drug delivered weight loss up to 22% in clinical trials, potentially giving Novo a competitive edge in the obesity market.

BOJ Signals Hike, But Risks Over-Messaging

Japan's central bank has cautiously raised interest rates, signaling its plans to avoid market turmoil. However, this strategy carries risks of limiting investors' independent bets, reducing policy flexibility, and impairing market reflection of economic conditions.

Burberry Sales Surge on Turnaround Progress

Burberry shares surge after posting better-than-expected third-quarter sales, signaling a potential recovery in the luxury sector.