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CNN | Sears, the store that changed America, declares bankruptcy CNN New York (CNN Business) Sears, the once-dominant retail chain that changed how Americans shopped and lived, has filed for bankruptcy. The 132-year-old company has been struggling for several years and is drowning in debt. The final straw was a $134 ... This map shows all the locations Sears once operated and what it has left today Sears Bankruptcy: Rivals Battle for $3 Billion in Sales Amid US Consumer Boom Edward Lampert's Non-Strategy to Save Sears |
CNN | Executive exodus: Jamie Dimon and other top CEOs quit Saudi conference CNN New York (CNN Business) A growing number of top business leaders are pulling out of a high-profile Saudi investment conference following the disappearance of journalist Jamal Khashoggi. A JPMorgan Chase (JPM) spokesperson said late Sunday that the ... Call of the day: Don't rule out $400 oil if the US sanctions Saudi Arabia Top banker Dimon drops out of Saudi conference as Treasury Secretary Mnuchin weighs whether to attend JPMorgan's Dimon Backs Out of Saudi Conference Amid Khashoggi Furor |
Wall Street Journal | Bank of America Profit Jumps 32% Wall Street Journal Bank of America Corp. BAC 0.35% said Monday that third-quarter profit rose 32%, as higher interest rates and last year's corporate tax cut continued to lift bank earnings. Quarterly profit at the Charlotte, N.C.-based bank, the second largest in the U ... Bank of America's earnings jump, topping Wall Street estimates, as consumer credit improves Bank of America profit beats on lower costs, loan growth |
CNBC | Stocks making the biggest moves premarket: BAC, DVMT, WMT, HRS, LLL & more CNBC Check out the companies making headlines before the bell: Bank of America – The bank reported profit of 66 cents per share, beating consensus estimates by 4 cents a share. Revenue also exceeded forecasts. The bank's bottom line was helped by higher ... Carl Icahn to Oppose Dell's Purchase of DVMT Tracking Shares Carl Icahn Blasts Dell's Plan to Return to Public Markets Carl Icahn boosts stake in Dell IPO standoff |