Herd boys pull out an ox stuck in muddy waters in the drying Mabwematema dam 20km North of Zvishavane, on December 25, 2019. Zinyange Auntony | AFP | Getty Images Countries and regions with lower per capita GDP levels are generally more exposed to climate change, according to McKinsey Global Institute’s newest climate risk report.
Getty Images This is breaking news. Please check back for updates. Wells Fargo on Tuesday said fourth-quarter profits fell as persistent low interest rates and litigation charges weighed on its financial results. Earnings: 93 cents per share versus $1.12 per share forecast by Refinitiv Revenue: $19.86 billion versus $20.14 billion forecast by Refinitiv Quarterly profit at
A pedestrian walks by Morgan Stanley headquarters in New York. Getty Images Check out the companies making headlines in midday trading. Morgan Stanley — Morgan Stanley shares jumped more than 7% after the bank posted quarterly profit numbers that easily beat expectations. The company earned $1.30 per share on revenue of $10.86 billion. Analysts polled
Aerion Supersonic as2 NEW YORK CITY – Supersonic air travel is only a few years from returning if a small U.S. company succeeds in developing its next-generation jet. Nevada-based Aerion expects to begin flying its AS2 supersonic jet by 2024, the company’s CEO Tom Vice said on Thursday, speaking at a UBS conference in New
Rene Carillo, 51, regrets not investing more when the stock market dropped. Rene Carillo We all have financial regrets. Things we bought, bills we paid late, decisions we didn’t research. Turns out, according to personal finance site MagnifyMoney, investing brings a host of bad feelings. The top one is not investing at all, according to
The latest division in Hong Kong isn’t driven by posters and protests — it’s driven by consumers’ wallets as people vote with their money. The city’s economy shrank in the second and third quarter of 2019, marking a technical recession and the first time in a decade its economy weakened for two consecutive quarters. The
Carlos Beltran talks after being introduced as manager of the New York Mets during a press conference at Citi Field on November 4, 2019 in New York City. Rich Schultz | Getty Images The New York Mets announced Thursday that manager Carlos Beltrán will leave the team after he was named in the MLB report
In this arranged photo, a UnitedHealth Group health insurance card is seen in a wallet in this picture illustration October 14, 2019. Lucy Nicholson | Reuters UnitedHealth reported a better-than-expected quarterly profit on Wednesday, as the largest U.S. health insurer managed to control medical costs and made gains with the unit that houses its pharmacy
Getty / South_Agency It started out like any other online loan. Notre Dame Federal Credit Union reviewed the application. It did the necessary background checks, and authenticated the applicant’s credit score and background. But it wasn’t until a group of borrowers in Missouri abruptly stopped making payments that the South Bend, Indiana-based lender smelled trouble.
The Tesla logo is seen on the Apple iPhone case in Santa Monica, California. Patrick T. Fallon | Bloomberg | Getty Images Elon Musk’s electric automaker Tesla on Wednesday once again reclaimed its title as Wall Street’s most-shorted stock. That was, at least, until Apple stole it back. Tesla’s meteoric climb over the last six