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Home > Latest

Lates News

date
16/01/2026
Citi Group rose 4.8% in early trading on Thursday. The company is planning to lay off about 1000 people this week as CEO Jane Fraser is implementing a results-focused culture and advancing a restructuring plan that could ultimately result in as many as 20,000 layoffs.
Latest
7 m ago
Market news: The US Food and Drug Administration has extended the review time for Liraglutide's oral weight loss drug.
9 m ago
CESIUMASTRO: Cooperating with J.P. Morgan, we obtained a $200 million financing package from the Export-Import Bank of the United States.
16 m ago
With profits surging and capital regulation policies relaxed, Wall Street banks returned a record amount of funds to shareholders, showing that executives are confident in increasing stock buyback efforts. In 2025, the six largest banks in the United States spent over $140 billion on dividends and buybacks, breaking the record set during Trump's first term in 2019. Among them, JPMorgan Chase repurchased over $30 billion in stocks, setting a new record for Wall Street banks that is more than three times the size of two years ago. In Trump's second term, as regulatory agencies seek to relax key capital requirements, banks are becoming more confident in returning profits to shareholders. In June of last year, the Federal Reserve took action to lower capital requirements for holding companies under the "enhanced supplemental leverage ratio" rule, which applies to large banks such as JPMorgan Chase, Bank of America, and Goldman Sachs. Banks expect this momentum to continue this year. Goldman Sachs CEO Solomon said on Thursday that the bank will "stay aggressive" in buying back stocks.
24 m ago
Google: Introducing TranslateGemma, a new open translation model based on Gemma 3, which can help people communicate between 55 different languages.
26 m ago
Shanghai tin night market fell by about 3.3%, while aluminum oxide fell by more than 1.3%.
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