Coca-Cola overcomes falling demand in North America and puts up strong fourth quarter sales
Coca-Cola reported higher-than-expected revenue in the fourth quarter as growth in Mexico, Germany and other markets offset lower sales in the U.S. The Atlanta-based beverage giant said Tuesday its revenue rose 7% to $10.8 billion for the October-December period.
Stock market today: Asian shares are mostly higher after the Dow hits a record high, US dollar falls
Shares are mostly higher in Asia after a powerful rally across Wall Street sent the Dow Jones Industrial Average to a record high as the Federal Reserve indicated that interest rate cuts are likely next year.
CEOs of the nation's biggest banks warn that new regulations could harm the economy
The heads of Wall Streetโs biggest banks used an appearance on Capitol Hill to plead with senators to stop the Biden administrationโs proposed changes to how banks are regulated, warning that the proposals could negatively impact the economy at a time of geopolitical turmoil and inflation.
JPMorgan profit jumps 35%, but CEO says geopolitics and gov't inaction have led to 'dangerous time'
JPMorgan Chaseโs third-quarter profit soared 35% from last year, fueled by a rapid rise in interest rates, but the bankโs CEO, Jamie Dimon, issued a sobering statement about the current state of world affairs and economic instability.