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BUSINESS10h agoBank of America ordered to pay historic $1.2 billion over alleged sanctions law violationsNBC News
BUSINESS10h agoPeru governor touts Chinese interest in deep-water port pitched as Chancay alternativeA planned US$844 million port in southern Peru has drawn interest from several foreign investors, including Chinese companies, a regional governor said on Monday, as the government began promoting the project abroad. “Several companies have approached us. We have investors from the US, China and India who are very interested,” Rohel Sanchez, the governor of Arequipa, told reporters after signing an agreement with the state investment agency Proinversion. He said firms from Turkey and the...South China Morning Post
BUSINESS10h agoSolitron Devices GAAP EPS of $0.60, revenue of $5.66MSolitron Devices reported its Generally Accepted Accounting Principles (GAAP) Earnings Per Share as $0.60 and revenue of $5.66 million. This provides a financial update on the company's performance.Seeking Alpha Tech
BUSINESS10h agoU.S. equities ended slightly lower as bank earnings kicked offU.S. equities experienced a slight decline in value as the reporting season for bank earnings began. This indicates a reaction in the stock market to initial financial results from the banking sector.Seeking Alpha Tech
BUSINESS10h agoWhat an economics Nobel Prize winner knows about pricingNPR's Ailsa Chang chats with Michael Woodford of Columbia University, who was one of two Americans awarded the Nobel Prize in Economics.NPR News
BUSINESS10h agoBoston Fed's Collins expects another rate hike will be needed by year-endThe Boston Federal Reserve's Collins anticipates the necessity of another interest rate hike before the end of the year. This suggests a continued hawkish stance on monetary policy.Seeking Alpha Tech
BUSINESS10h agoPayPal extends rally for the seventh straight sessionPayPal's stock has continued its rally for the seventh consecutive session. This indicates a sustained positive trend in the company's market performance.Seeking Alpha Tech
BUSINESS10h agoActivist Ancora pushes Big Yellow to explore a sale - BloombergActivist investor Ancora is urging Big Yellow to consider a sale of the company, according to Bloomberg. This indicates pressure on the company's management regarding its future ownership.Seeking Alpha Tech
BUSINESS10h agoBank of America fined $1.2bn over money laundering failuresUS bank failed to flag $5bn in suspicious transactions linked to suspected illicit finance from China and the southern US borderFinancial Times
BUSINESS10h agoCVS to pay $315M settlement over allegations of illegally filling opioid prescriptionsThe Justice Department (DOJ) announced Tuesday that CVS Health has agreed to pay $315 million to settle lawsuits alleging the company illegally filled prescriptions for opioids and other controlled substances. The settlement resolves a lawsuit first filed in 2019 by former CVS employee Hillary Estright in 2019 under the whistleblower provision of the False Claims…The Hill
BUSINESS10h agoThe average price of new vehicles in the US approaches its historic highIn the US, the cost of new cars rose 0.9% in September, almost matching its historic high. The upward trend is moderated by the rise of more economical models. The price of electric vehicles fell 3% year-on-year, reducing the gap with combustion models to 11%, compared to 18% two years ago.Clarín
BUSINESS10h agoWilliams says Fed may not have to hike rates in 2027, at odds with tradersNew York Fed President John Williams sees one more rate hike in 2026 but no additional increase in 2027 as inflation pressures ease.CNBC
BUSINESS10h agoBisignano, a key link in the dairy industryMás de 70% de los productos de la categoría que se consumen a diario son envasados por esta empresa santafesina que ganó en la categoría industrial de los Premios PYME 2026.Clarín
BUSINESS10h agoForex inflow rises 23% to $35 billionNigeria’s net foreign exchange (forex) inflow grew by 23.2 percent year-on-year, YoY to $35.77 billion in the first half of 2026 (H1’26) from $29.77 in the corresponding period of 2025. The post Forex inflow rises 23% to $35 billion appeared first on Vanguard News.Vanguard Nigeria
BUSINESS10h agoDangote Petroleum Refinery logs $4.7 billion profit in nine months on higher refining throughputThe corporation attributed the turnaround in earnings and improvement in other key performance metrics to higher refining throughput, improved operational reliability and more robust refining margins. The post Dangote Petroleum Refinery logs $4.7 billion profit in nine months on higher refining throughput appeared first on Premium Times Nigeria.Premium Times
BUSINESS10h agoDangote Petroleum Refinery logs $4.7 billion profit in nine months on higher refining throughputThe corporation attributed the turnaround in earnings and improvement in other key performance metrics to higher refining throughput, improved operational reliability and more robust refining margins. The post Dangote Petroleum Refinery logs $4.7 billion profit in nine months on higher refining throughput appeared first on Premium Times Nigeria.Premium Times
BUSINESS10h agoBMO cautious on Roblox as Google enters user-generated gamingBMO expresses caution regarding Roblox following Google's entry into the user-generated gaming market. This suggests increased competition for Roblox in the sector.Seeking Alpha Tech
BUSINESS11h agoSmall businesses on September inflation: Fuel, fuel, and more fuelSmall businesses report that fuel costs are a primary driver of inflation impacting them in September. This highlights a significant economic challenge facing small enterprises.Seeking Alpha Tech
BUSINESS11h agoApplied Intuition fielding offers at $30B valuation - The InformationApplied Intuition is reportedly receiving offers at a $30 billion valuation. This indicates significant market interest and potential growth for the company.Seeking Alpha Tech
BUSINESS11h agoOPEC cuts oil demand projections for remainder of 2026The Organization of the Petroleum Exporting Countries (OPEC) lowered its forecast of global oil demand growth for this year, amid persistent risks to shipping from Iran and its proxy groups. The group projected Tuesday that oil demand for this year will grow by roughly 200,000 barrels per day relative to 2025, down from OPEC’s forecast…The Hill
BUSINESS11h agoMines: how Paris's increased stake in Eramet could reshuffle the cards with LibrevilleL’État français s’apprête à porter sa participation dans Eramet à 49 % pour renflouer le groupe minier en difficulté. Un sauvetage financier qui pourrait bouleverser les équilibres entre Paris et Libreville sur la transformation locale des ressources.Jeune Afrique
BUSINESS11h agoYorkville Ives is bullish on Alphabet's AI platform potential and strategic equity stakesYorkville Ives expresses a positive outlook on Alphabet's AI platform potential and its strategic equity stakes.Seeking Alpha Tech
BUSINESS11h agoSeptember inflation was 1.9%, according to IndecThe price increase so far this year already accumulates 23.6%. In August it had been 1.7%.Clarín
BUSINESS11h ago"329% increase": a key regional economy overcame a strong crisis due to a price jumpPotato production improved its indices regarding the values received by producers, after more than a year with numbers in the red. However, the bulk of the sector's activities remain in crisis.Clarín
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