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Business

Citigroup Reports a 3% Revenue Growth to $21.6 Billion in Q1 2025, Highlighting Strong Financial Performance

Citigroup Inc. reports a 3% revenue growth to $21.6 billion in Q1 2025, with net income up 21% and diluted earnings per share increasing by 24%. CEO Jane Fraser praises the quarter...

Business

Bank of America Surges Ahead: Q1 Net Income Jumps 11% to $7.4B, Beating Expectations

Bank of America announces an 11% increase in Q1 net income to $7.4B, with earnings and revenue surpassing expectations. CEO Brian Moynihan highlights strong performance across all ...

Business

Exclusive: Blackstone Teams Up with Vanguard and Wellington to Revolutionize Individual Investor Portfolios

Blackstone Inc. partners with Vanguard and Wellington Management to offer institutional-grade multiasset portfolios to individual investors, potentially revolutionizing retirement ...

Business

Caterpillar Announces Joe Creed as New CEO, Marking a New Era Starting May 1

Caterpillar Inc. announces Joe Creed as its new CEO effective May 1, with D. James Umpleby III transitioning to Executive Chairman. Creed, with 28 years at Caterpillar, is set to l...

Business

Nvidia Revolutionizes Gaming with the Launch of GeForce RTX 5060 Series Featuring AI-Powered Rendering

Nvidia's GeForce RTX 5060 series introduces AI-powered rendering, DLSS 4, and full ray tracing, built on the Blackwell architecture. Starting at $299, these cards promise to revolu...

Business

Elliott Management Makes a Bold $1.2 Billion Move into HPE, Sparks Market Rally

Elliott Management invests over $1.15 billion in Hewlett Packard Enterprise, planning to engage with HPE leadership to enhance shareholder value, resulting in a 7% stock increase.

Business

Trump Criticizes China's Sudden Halt on Boeing Jet Deliveries Amid Trade War Escalation

President Donald Trump criticizes China's decision to halt Boeing jet deliveries, viewing it as part of the escalating trade war. Beijing's move to stop acquiring US aviation equip...

Business

Stellantis Chairman Warns: Tariffs and Overregulation Pose Dire Threats to US and European Auto Industries

Stellantis Chairman John Elkann warns that tariffs and overregulation could endanger the auto industry in the US and Europe, calling for urgent policy actions to mitigate risks and...