Wells Fargo 4Q Profit Slides, Hurt By Lower Interest RatesWells Fargo's net income tumbled in the fourth quarter, weighed down by hefty costs and a lower interest rate environment.
Charles Schwab Buys TD Ameritrade In Brokerage BlockbusterSan Francisco-based Charles Schwab is buying rival TD Ameritrade in a $26 billion stock swap, a blockbuster agreement accelerated by massive disruption in the online brokerage industry.
Charles Schwab Reportedly In Talks To Buy TD AmeritradeTwo of the leaders of the online brokerage industry may be merging.
Charles Schwab Drops Online Trading Commission Fees As Industry Battles Over Cost To InvestCharles Schwab is dropping commissions for online trading of U.S. stocks and exchange-traded funds, the latest slash in an industry battle that's drastically cut the cost of investing.
Protecting Your 401k: Dow Tumbles 800 Points; Is A Recession Ahead?The Dow fell 800 points Wednesday after the bond market, for the first time in over a decade, flashed a warning signal that has an eerily accurate track record for predicting recessions.
Protecting Your 401k: What Is The Yield Curve And Why It MattersThe bond market is flashing a big neon caution sign.
Rough Day On Wall Street After Feds Cut Key Interest Rate For First Time Since 2008
Twitter Reports Strong User Growth In 2nd QuarterTwitter reported surprisingly strong second-quarter user numbers and revenue Friday, even as it eliminates robotic and fake accounts on its platform.
Netflix's Subscriber Growth Drops In 2nd Quarter; Stock Drops More Than 12 Percent Netflix's video streaming service suffered a dramatic slowdown in growth during its traditionally sluggish spring season, a drop-off coming as it girds for even stiffer competition.
San Francisco-Based Slack Shares Soar On First Day Of TradingShares of San Francisco-based Slack, a popular messaging platform, soared Thursday on the their first day of trading on the New York Stock Exchange.
Facebook, Google Shares Battered; Feds Preparing Antitrust Investigations
Uber Lost More Than $1 Billion In First QuarterUber said Thursday it lost more than $1 billion in the first three months of 2019.
Wall Street Tumbles More Than 600 Points; Uber Shares PlungeShares of San Francisco-based Uber plunged on the first full day of trading for the rideshare app as a deepening trade battle between the U.S. and China pulled the entire market down sharply Monday.
Uber Sets Share Price At $45 Ahead Of IPO, Reaches Agreement With DriversUber is about to embark on a wild ride on Wall Street with the biggest and most hotly debated IPO in years.
Rideshare Drivers Plan Collective Strike Ahead Of Uber's IPOUber is about to raise billions by going public and Lyft has already cashed in with Wall Street investors. Rideshare drivers who also want a piece of the action are planning a collective protest.