Tag: web development

Posts with tag: web development

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SLM Reports Q4 Earnings, Misses Estimates

SLM Corp. reported lower-than-expected earnings and revenue in the fourth quarter, with adjusted revenue falling short of Wall Street forecasts.

New York City Banks Target Growth in 2025 with Deposit Gathering and Commercial Real Estate Exposure Reduction

NY-based banks Valley National Bank and Dime Community Bancshares project increased profits in 2025 thanks to balance sheet improvements, reduced CRE exposure, and increased deposits via strategic initiatives and acquisitions from failed banks.

Honeywell CEO Says Company Is Heading for Split, Faces Activist Pressure

Honeywell CEO Vimal Kapur is shaking things up with a portfolio readjustment that could involve splitting the company into two independent businesses.

UnitedHealth Names New CEO for Health Insurance Business

UnitedHealth Group appoints Tim Noel as new head of health insurance business following the tragic loss of former CEO Brian Thompson.

Philippines Raises $3.25 Billion in Two-Part Dollar Bond and Euro Tranche

The Philippines sells $2.25 billion in dollar bonds and a €1 billion euro tranche. The 25-year and 7-year notes are sustainable debt. This is the Philippine government’s first trip to the international market this year.

Neoclouds: Nimble Players in the AI Data Center Race

New cloud computing firms like Crusoe, CoreWeave, and Lambda are emerging to meet the specific needs of AI companies, positioning them for a larger role in the tech sector.

CNN Lays Off 6% of Workforce Amid Digital Transformation Pivot

CNN lays off 200 staffers (6% of workforce) to transform into a digital-first newsroom. Parent company WBD invests $70 million for a direct-to-consumer streaming product, refreshed website, and more digital video content.

CNN Lays Off 6% of Workforce, Focuses on Digital

CNN lays off 6% of workforce (200 staffers) as part of a digital-first transformation. The revamp includes a new streaming product, digital ad focus, website refresh, and a lifestyle-oriented digital offering.

Active Bond Funds Draw Most Inflows Amid Return of Demand

US actively managed bond funds attracted significant inflows of $261 billion in 2024, driven by core and income bond strategies amid uncertainty and a search for yield.

Netflix Stock Soars Nearly 10% on Record Earnings and Subscriber Growth

Netflix stock surged nearly 10% after reporting a record 18.9 million new users in Q4, beating estimates. Revenue and earnings also exceeded expectations, with strong gains attributed to live events, price increases, and advertising revenue. The company announced a $15 billion stock buyback and raised its full-year revenue outlook.