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J.P. Morgan’s Earnings Rise, Despite Trading Slowdown

J.P. Morgan’s Earnings Rise, Despite Trading Slowdown

J.P. Morgan said its third-quarter profit rose as a boost from lending offset weaker trading results for the nation’s biggest bank by assets.

Published 3 months ago

U.S. Leaving Unesco, Capping a Stormy History

U.S. Leaving Unesco, Capping a Stormy History

The U.S. will withdraw from Unesco, the United Nations culture and heritage organization, a move that could further damage the tense relationship between the Trump administration and the U.N.

Published 3 months ago

Cord-Cutters Sap AT&T’s TV Business

Cord-Cutters Sap AT&T’s TV Business

AT&T kept losing video customers over the past three months despite a wave of new subscribers using its streaming TV service, a trend that could spell trouble for the broader entertainment industry.

Published 3 months ago

Palestinian Authority, Hamas Reach Reconciliation Deal After 10-Year Feud

Palestinian Authority, Hamas Reach Reconciliation Deal After 10-Year Feud

The Palestinian Authority and Islamist movement Hamas reached an agreement to reconcile after a decade of mistrust, but offered few details on security arrangements in the Gaza Strip that had been key to negotiations.

Published 3 months ago

Economists See GOP Tax Plan Producing Growth Spurt, But Split Over Long-Term Effect

Economists See GOP Tax Plan Producing Growth Spurt, But Split Over Long-Term Effect

Economists say the Republican plan to overhaul the U.S. tax code would likely lift economic growth in the short term, but they are split over whether the boost would last longer than a few years.

Published 3 months ago

Pakistani Forces Free American Hostage and Her Family

Pakistani Forces Free American Hostage and Her Family

Pakistani army forces Thursday said they had freed an America-Canadian couple and their three children held by militants for five years, in an operation close to the country’s border with Afghanistan.

Published 3 months ago

Meet the Mining Industry’s Newest Mogul

Meet the Mining Industry’s Newest Mogul

Anil Agarwal began his career as a metals dealer in India nearly 50 years ago. Today, he is a billionaire making one of the biggest bets on the global mining industry’s recovery.

Published 3 months ago

J.P. Morgan, Citi Report Third-Quarter Earnings

J.P. Morgan, Citi Report Third-Quarter Earnings

J.P. Morgan, Citi Report Third-Quarter Earnings

Published 3 months ago

Cyberattack Captures Data on U.S. Weapons in Four-Month Assault

Cyberattack Captures Data on U.S. Weapons in Four-Month Assault

A cyberattacker nicknamed “Alf” gained access to an Australian defense contractor’s computers and began a four-month raid that snared data on sophisticated U.S. weapons systems.

Published 3 months ago

HSBC Names John Flint as Chief Executive

HSBC Names John Flint as Chief Executive

HSBC said it has appointed John Flint, its head of retail banking and wealth management, as its new chief executive, replacing Stuart Gulliver, who had said he would leave next year.

Published 3 months ago

Turkey and the West Clash, Pleasing Russia and Iran

Turkey and the West Clash, Pleasing Russia and Iran

The unfolding breakup between Turkey and the U.S. is fueled by increasing frustration on both sides—and is encouraged by countries most interested in such a separation, especially Russia and Iran.

Published 3 months ago

Weinstein Co. Considers Delaying Release of ‘The Current War’

Weinstein Co. Considers Delaying Release of ‘The Current War’

Weinstein Co.’s challenges continued to pile up following the ouster of co-chairman Harvey Weinstein, with the company reassessing plans for future movie releases and one business partner tightening payment terms for routine work.

Published 3 months ago

Five Things to Watch for in Bank Earnings

Five Things to Watch for in Bank Earnings

Bank earnings season kicks off later this week with J.P. Morgan and Citigroup reporting results on Thursday. Here are five things to keep an eye on as the numbers come in.

Published 3 months ago

In Start to Unwinding the Health Law, Trump to Ease Insurance Rules

In Start to Unwinding the Health Law, Trump to Ease Insurance Rules

President Donald Trump is planning to sign an executive order Thursday to initiate the unwinding of the Affordable Care Act, paving the way for sweeping changes to health-insurance regulations by instructing agencies to allow the sale of less-comprehensive health plans to expand.

Published 3 months ago

Beijing Pushes for a Direct Hand in China’s Big Tech Firms

Beijing Pushes for a Direct Hand in China’s Big Tech Firms

The Chinese government is pushing some of its biggest tech companies—including Tencent, Weibo and a unit of Alibaba—to give the state a stake in them and a direct role in corporate decisions.

Published 3 months ago