Business

Canadian miner Barrick Gold signs new agreement with Mali to end dispute over mining assets, including payment of $438 million for release of detained employees and seized gold, and restarting of Loulo-Gounkoto mine operations.

Published on: February 19, 2025, 07:00 PM UTC

AheadComputing raises $21.5 million in seed funding to develop CPU technology based on RISC-V architecture for artificial intelligence.

Published on: February 19, 2025, 06:04 PM UTC

Biden-era merger standards will remain in effect under new FTC Chair Andrew Ferguson, signaling stricter oversight of US acquisitions, despite early antitrust signs from the new Trump administration.

Published on: February 19, 2025, 06:03 PM UTC

Citigroup CEO Jane Fraser received the biggest pay raise among Wall Street's top banks, with a 33% increase to $34.5 million in total compensation for 2024. Other CEOs also saw significant pay bumps, including Goldman Sachs' David Solomon and JPMorgan Chase's Jamie Dimon.

Published on: February 19, 2025, 06:02 PM UTC

Walmart earnings expected to soar as shoppers seek value; revenue, earnings seen rising

Published on: February 19, 2025, 06:02 PM UTC

KeyBank is one of the largest US banks with 953 branches in 16 states, offering checking accounts, savings accounts, CDs, credit cards, lending, and investing products. KeyBank's strengths include its wide range of products, 24/7 customer service, and extensive branch network. However, it also has some drawbacks, including high minimum deposits on certain accounts and monthly maintenance fees.

Published on: February 19, 2025, 06:01 PM UTC

UnitedHealth offers buyouts to employees in its benefits operations unit, with layoffs possible if resignation quota is not met.

Published on: February 19, 2025, 06:00 PM UTC

Electric vehicle startup Nikola files for Chapter 11 bankruptcy amid market and macroeconomic challenges, plans to auction assets.

Published on: February 19, 2025, 06:00 PM UTC

FTC Chair Andrew Ferguson upholds Biden-era merger guidelines, signaling continued antitrust scrutiny for US companies.

Published on: February 19, 2025, 05:02 PM UTC

The CEOs of Wall Street's major banks saw significant pay increases in 2024, with Citigroup CEO Jane Fraser receiving the largest bump. Fraser's total compensation rose to $34.5 million, while Goldman Sachs CEO David Solomon's pay climbed to $39 million. Despite setbacks like fines and a dialed-back return target, Citigroup's stock has outperformed peers this year thanks to Fraser's strategic leadership.

Published on: February 19, 2025, 05:02 PM UTC