Bank of America profit slips as Fed slashes interest rates

Bank of America CEO on paying every employee at least $20 an hour Bank of America CEO and chairman Brian Moynihan discusses digital banking and increasing hourly wages. Bank of America's profit dropped 3.9 percent in the last three months of 2019 as interest-rate cuts by the Federal Reserve rendered new loans less lucrative, posing a challenge to lenders from […]

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Bank of Queensland raises nearly $90m in oversubscribed offer

Bank of Queensland has successfully raised nearly $90 million from its retail shareholders after completing an oversubscribed share placement plan. The completion of the retail offer means the bank has now raised $339.7 million from investors following a $250 million institutional placement earlier in December. The bank had been originally looking to raise $25 million from its retail investors. Bank […]

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End of an era for book publisher Penguin

It is the end of an era for one of the most famous names in book publishing. Penguin is being sold by Pearson, its owner for the last half-century, as the company focuses its activities exclusively on education. Pearson today announced that it was selling its remaining stake in Penguin Random House, the book publishing joint venture it formed six […]

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AOC complains of too many health insurance choices on Obamacare exchange

Dr. Marc Siegel on the health effects of early retirement Some studies suggest an early retirement could actually be bad for you. Fox News’ Dr. Marc Siegel adds his insights. Rep. Alexandria Ocasio-Cortez, D-N.Y., tweeted Monday, "no one should go through" choosing between 66 health care plans and lambasted Republicans for framing the issue around "choice" for consumers. Continue Reading Below […]

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Creator of Marvel's 'Thanos' compares Trump to 'teenage girl' after campaign tweets viral meme

Fox News Flash top entertainment headlines for Dec. 13 Fox News Flash top entertainment and celebrity headlines for Dec. 13 are here. Check out what’s clicking today in entertainment. Artist James Starlin criticized President Trump Friday after his campaign published a meme of Trump's head on the body of Thanos, a Marvel Comics villain created by Starlin. Starlin said that he was […]

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WeWork opens record number of buildings in December

WeWork CEO Adam Neumann steps down FOX Business’ Susan Li discusses WeWork’s change in executive management. Despite financial trouble, executive changes and employee layoffs, WeWork is moving full speed ahead. Continue Reading Below The space-sharing firm has set a monthly record for new building openings, according to a company statement. It has already opened a record 52 new buildings in […]

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