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Banks
Goldman Sachs expands its active ETF business with Innovator Capital deal
‘Barron’s Roundtable’ panelists discuss investors’ tendency to buy when stocks dip. Goldman Sachs said on Thursday it has completed the acquisition of active exchange-traded fund provider Innovator Capital Management, expanding the…
Oracle names new CFO as thousands of layoffs reported at tech giant
J.P. Morgan Private Bank U.S. equity strategist Abby Yoder discusses stock market performance on The Claman Countdown. Oracle on Monday announced it hired a new chief financial officer after the software giant moved forward with…
Saks Global secures $500M deal and eyes Chapter 11 exit this summer
Check out what's clicking on FoxBusiness.com. The parent company of luxury retailer Saks announced Thursday that it entered into a restructuring agreement with its capital partners who committed to provide $500 million in financing…
Meta to lay off about 200 workers in San Francisco Bay Area in May
UBS financial advisor Ryan Lynch and Laffer Tengler Investments CEO and CIO Nancy Tengler discuss the Meta and Google verdict and analyze oil markets on Mornings with Maria. Tech giant Meta is planning to move forward with laying…
US releases 10M barrels from SPR as oil prices top $112 per barrel
Allianz Chief Economic Advisor Mohamed El-Erian discusses the financial impact of the Iran conflict as oil prices surge on 'Mornings with Maria.' As the conflict in Iran intensifies with no immediate end in sight, the U.S.…
Strong demand for Silverado, Sierra drives GM to expand Flint production
SlateStone Wealth Chief Market Strategist Kenny Polcari analyzes the upward trend in the markets amid developments in the conflict with Iran on 'Varney & Co.' General Motors is planning to ramp up production of heavy-duty pickup…
Mercedes-Benz to invest $4 billion at Alabama plant amid Trump auto tariffs
Interior Secretary Doug Burgum commends President Donald Trump’s economic agenda on ‘The Evening Edit.’ German automaker Mercedes-Benz said on Tuesday it will invest $4 billion at its Alabama plant through 2030 to boost SUV…
Wells Fargo CEO Charlie Scharf says economy still strong despite oil spike
Wells Fargo Chairman and CEO Charlie Scharf discusses the resilient U.S. economy amid geopolitical risks and market volatility on 'Mornings with Maria.' Despite a 50% spike in oil prices and an escalating conflict involving Iran,…
SeatGeek faces criticism after posting $175K job with sex change perk
Multiple people questioned whether the $25,000 could be used for elective surgeries that are not related to sex reassignment, while others pointed out the four months of paid family leave seemed unnecessary given the unlimited…
Banking giant HSBC considers job reductions due to AI, report suggests
Check out what's clicking on FoxBusiness.com. Global banking giant HSBC Holdings Plc is considering significant job reductions in the years ahead, as CEO Georges Elhedery bets on artificial intelligence to downsize middle and back…