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BUSINESS4d agoU.S. diesel futures jump while crude oil closes mixedUS diesel futures experienced a jump, while crude oil prices ended with mixed results. This reflects differing market dynamics within the energy sector.Seeking Alpha Tech
BUSINESS4d agoUS fines Bank of America US$1.2 billion, says it violated money laundering, sanctions lawsThe US Treasury Department said on Tuesday that it was imposing US$1.2 billion in fines on Bank of America for allegedly violating anti-money-laundering and sanctions laws. The fines on America’s second-biggest bank amount to the third-largest in the department’s history. “When a bank of this size fails to meet its anti-money-laundering and sanctions obligations, the consequences extend far beyond its own walls, exposing the entire US financial system to significant illicit finance risks,”...South China Morning Post
BUSINESS4d agoOpenAI engineer charged after listening device found in meeting roomUS authorities say a Saudi national was arrested and charged after allegedly planting a concealed surveillance device.Al Jazeera [en]
BUSINESS4d agoTelevisa announces agreement to buy AT&T Mexico's mobile telephonyTelevisa and Fintech Holdings are buying AT&T's mobile business in Mexico for $2 billion, forming an equal consortium. The operation, subject to regulatory approval, includes mixed financing and is expected to conclude in 2027; AT&T is the second largest mobile operator in the country.Clarín
BUSINESS4d agoViva-Volaris airlines merger likely to proceed, Reuters reportsBoth are low-cost airlines, and regulators are looking to make sure they stay that way once they join forces to control under one company 73% of domestic air travel. The post Viva-Volaris airlines merger likely to proceed, Reuters reports appeared first on Mexico News DailyMexico News Daily
BUSINESS4d agoNew Washington Post podcast tackles personal finance for "real people"Personal finances are tricky, so the Washington Post launched a new podcast on Tuesday to help everyday people with just that. Michelle Singletary, host of "Dollars & Sense," joins "The Takeout" to discuss her approach to the show.CBS News
BUSINESS4d agoTexas sits on a lithium gold mine, but doubts arise about how the state will regulate mining and productionA huge lithium deposit crosses several southern US states. Various companies plan to extract it as a residue from oil and gas deposits.Clarín
BUSINESS4d agoPickleball franchisor files for bankruptcy as CEO admits ‘that’s on us’ for business mistakeAll clubs and franchise locations remain fully operational while the parent company restructures its debts in bankruptcy courtThe Independent World
BUSINESS4d agoWells Fargo outlines $50B ± 2026 net interest income and ~$13B Q4 net interest income while planning stablecoins in H1 2027Wells Fargo has provided projections for its net interest income for 2026 and the fourth quarter, while also announcing plans for stablecoins in the first half of 2027. This details the bank's financial outlook and technological advancements.Seeking Alpha Tech
BUSINESS4d agoEnovix surges on 100K-unit drone battery orderEnovix's stock has surged following a significant order for 100,000 drone battery units. This substantial order indicates strong demand for their product and positive market reaction for the company.Seeking Alpha Tech
BUSINESS4d ago4 Mexican bars are among this year’s World’s 50 BestAnd make no mistake about it, these are truly Mexican establishments, not European imitators, with Mexican management, Mexican and pre-Columbian themes and an emphasis (though of course not exclusive) on Mexican spirits. The post 4 Mexican bars are among this year’s World’s 50 Best appeared first on Mexico News DailyMexico News Daily
BUSINESS4d agoFederal energy regulators shoot down grid operator’s plan to cut power to data centers during shortfallsThe nation’s energy regulators have shot down a bid from a regional grid operator to cut power to some large data centers during a supply shortfall — leaving the issue largely in the hands of states. Regional grid operator PJM, which manages the electric grid for several East Coast and Midwest states, proposed an ability…The Hill
BUSINESS4d agoGold futures tick lower ahead of key U.S. inflation dataGold futures experienced a slight decrease in anticipation of upcoming U.S. inflation data. This reflects market reactions to economic indicators.Seeking Alpha Tech
BUSINESS4d agoUS fines Bank of America for violating anti-money laundering regulationsThe country's second largest bank faces multi-million dollar fines for failing to adequately report risky transactions. The sanctions include violations of sanctions programs, highlighting the importance of financial compliance.Clarín
BUSINESS4d agoUS fines Bank of America $1.21 billion for violating money laundering and sanctions lawsThe US Treasury imposes $1.21 billion in sanctions on a banking entity for failing to comply with money laundering and sanctions regulations. The financial institution admits failures in reporting suspicious transactions, exposing the system to significant risks.Clarín
BUSINESS4d agoLeidos wins $318M contract for MHS GENESIS transition supportLeidos has been awarded a $318 million contract to provide transition support for MHS GENESIS. This contract signifies a significant business engagement for the company.Seeking Alpha Tech
BUSINESS4d agoTreasury fines Bank of America $1.2B for violating money laundering, sanctions lawThe Treasury Department on Tuesday announced it was fining Bank of America more than $1.2 billion for violating anti-money laundering and sanctions laws. The Treasury’s Financial Crimes Enforcement Network (FinCEN) fined Bank of America, the second-largest bank in the country, $1.2 billion for its failure to “mitigate and report priority national security risks,” the department…The Hill
BUSINESS4d agoHome BancShares Q3 2026 Earnings PreviewThis article previews the third-quarter 2026 earnings for Home BancShares, providing an early look at the bank's financial performance. It matters for investors and market analysts tracking the financial sector.Seeking Alpha Tech
BUSINESS4d agoFastenal Q3 2026 Earnings PreviewThis article previews the third-quarter 2026 earnings for Fastenal, providing an early look at the company's financial performance. It matters for investors and market analysts tracking industrial supply companies.Seeking Alpha Tech
BUSINESS4d agoComtech Telecommunications Q4 2026 Earnings PreviewThis article previews the fourth-quarter 2026 earnings for Comtech Telecommunications, providing an early look at the company's financial performance. It matters for investors and market analysts tracking the telecommunications sector.Seeking Alpha Tech
BUSINESS4d agoUAW’s Shawn Fain Wins Second Term as PresidentThe United Auto Workers has grown under Mr. Fain, who has also drawn scrutiny from federal prosecutors.NYT US
BUSINESS4d agoEquus Total Return receives NYSE notice over share price non-complianceEquus Total Return received a notice from the NYSE regarding non-compliance with share price requirements. This indicates a regulatory issue for the company that could impact its stock exchange listing.Seeking Alpha Tech
BUSINESS4d agoUS hits Bank of America with $1.2 billion fine, saying it violated money laundering, sanctions lawsThe fines amount to the third-largest amount in Treasury Department history.ABC News
BUSINESS4d agoWall Street closes in the red due to fall in the semiconductor sectorThe stock market day in New York closed with losses due to the publication of banking results and the fall in semiconductors. The semiconductor sector was impacted by advances from a Chinese competitor, affecting key companies, although some managed to recover.Clarín