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FILE- In this July 9, 2018, file photo a customer makes a transaction at a Bank of America ATM at the company's headquarters in Charlotte, N.C. Bank of America Corp. reports financial results Wednesday, Jan. 16, 2019. (AP Photo/Chuck Burton, File)
January 16, 2019 - 6:39 am
NEW YORK (AP) — Bank of America's fourth-quarter profits rose by 39 percent on an adjusted basis, the bank said Wednesday, helped by last year's steady rise in interest rates as well as a lower tax rate. The Charlotte-based banking giant said it earned $7.28 billion, or 70 cents a share. That's...
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From left, IndyCar CEO Mark Miles, Tsuneshia Okuno, an executive vice president at NTT and 2018 series champion Scott Dixon shake hands during a news conference, Tuesday, Jan. 15, 2019 at the North American International Auto Show in Detroit. IndyCar has signed a multi-year title sponsorship deal with NTT, a global information technology and communications leader. The partnership makes NTT the official technology partner of the IndyCar Series, Indianapolis Motor Speedway, the Indianapolis 500 and NASCAR's Brickyard 400. NTT replaces Verizon, which was title sponsor of the series from 2014 until it ended its partnership last season. (AP Photo/Carlos Osorio)
January 15, 2019 - 2:43 pm
IndyCar announced a multi-year title sponsorship deal Tuesday with NTT, a global information technology and communications company based in Japan. The series will be called the NTT IndyCar Series. NTT Data, a subsidiary of parent company Nippon Telegraph and Telephone Corp., already sponsors a car...
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FILE - This Tuesday, Oct. 16, 2012, file photo, shows a portion of the UnitedHealth Group Inc.'s campus in Minnetonka, Minn. UnitedHealth Group reports financial results Tuesday, Jan. 15, 2019. (AP Photo/Jim Mone, File)
January 15, 2019 - 9:29 am
INDIANAPOLIS (AP) — UnitedHealth's fourth-quarter earnings slid 16 percent from last year, when a federal tax overhaul helped the nation's largest health insurer, but the performance still came in well above analyst expectations. The company's fast-growing Optum segment helped stoke results, with...
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This Thursday, Nov. 29, 2018, photo shows a Wells Fargo bank location in Philadelphia. Wells Fargo & Co. reports financial results Tuesday, Jan. 15, 2019. (AP Photo/Matt Rourke, File)
January 15, 2019 - 8:45 am
NEW YORK (AP) — Wells Fargo, the consumer banking giant, said its fourth-quarter profits fell slightly on Tuesday as the bank remains restrained by federal regulators, who put a tight leash on it after years of scandals and missteps. The San Francisco-based bank said it earned a profit of $6.06...
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Fiat Chrysler's new CEO, Mike Manley, is interviewed, Monday, Jan. 14, 2019, at the North American International Auto Show in Detroit. Manley says major job cuts or an alliance with other automakers are not in the plans for Italian-American automaker. Manley took over for the late Sergio Marchionne last year. Three years ago, Marchionne was shopping for a partner and said the industry needed to consolidate to better share huge capital investment costs. (AP Photo/Carlos Osorio)
January 14, 2019 - 2:30 pm
DETROIT (AP) — Major job cuts or an alliance with other automakers are not in the plans for Italian-American automaker Fiat Chrysler, the company's new CEO says. Mike Manley, who took over for the late Sergio Marchionne last year, said the company downsized its workforce significantly during the...
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FILE- In this April 24, 2018, file photo a Citibank sign is shown outside one of the bank's branch offices in New York. On Monday, Jan. 14, 2019, Citigroup Inc. reports financial results. (AP Photo/Mark Lennihan, File)
January 14, 2019 - 7:26 am
NEW YORK (AP) — Citigroup is reporting its profits rose by 9 percent on an adjusted basis from a year earlier, helped by a lower tax rate and a reduction in expenses. Citi said Monday it earned $4.31 billion in the last three months of 2018, or a profit of $1.64 per share. That compares to the...
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FILE - This April 4, 2012, file photo shows the Newmont Gold Quarry pit in Battle Mountain, Nev. Newmont Mining will buy Canada’s Goldcorp in a deal valued at about $10 billion that would create the world’s biggest gold miner. (David B. Parker/The Reno Gazette-Journal via AP, File)
January 14, 2019 - 6:29 am
DENVER (AP) — Newmont Mining will buy Canada's Goldcorp for $10 billion, creating the world's biggest gold miner. The combined company could log gold production of 6 million to 7 million ounces over a decade and recognize $100 million in annual pre-tax savings. Miners are consolidating as gold...
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Chairwoman and CEO of General Motors Mary Barra is interviewed on the floor of the New York Stock Exchange, Friday, Jan. 11, 2019. General Motors strengthened its pretax profit estimate for 2018 and predicted even stronger performance for this year as it executives made a presentation to investors on Friday. (AP Photo/Richard Drew)
January 11, 2019 - 10:58 am
DETROIT (AP) — General Motors strengthened its pretax profit estimate for 2018 and predicted even stronger performance for this year as it executives made a presentation to investors on Friday. Shares jumped nearly 9 percent in midday trading. CEO Mary Barra also says the company doesn't foresee...
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January 11, 2019 - 10:20 am
MINNEAPOLIS (AP) — Google is looking into building a $600 million data center in central Minnesota that would be powered by two wind farms. Minneapolis-based Xcel Energy disclosed the data center project Thursday in a regulatory filing. The Google facility proposed in Becker would mark one of the...
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FILE - In this June 12, 2014 file photo, people watch the "Call of Duty: Advanced Warfare" video game trailer at the Activision booth at the Electronic Entertainment Expo, in Los Angeles. Shares in video game publisher Activision fell more than 9 percent in premarket trading, Friday, Jan. 11, 2019, a day after an announcement that its eight-year partnership with game developer Bungie was ending. In the companies’ joint announcement, Bungie said the separation process had already begun and that it would begin to self-publish its titles. (AP Photo/Jae C. Hong, File)
January 11, 2019 - 9:00 am
NEW YORK (AP) — Shares in video game publisher Activision fell more than 11 percent in morning trading Friday, a day after an announcement that its eight-year partnership with game developer Bungie was ending. In the companies' joint announcement, Bungie said the separation process had started and...
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