“ Germany’s largest bank, Deutsche Bank, reported a significant increase in third-quarter profits, driven by the resolution of investor lawsuits related to its Postbank division. Net profits reached 1.46 billion euros ($1.58 billion), a 42 percent rise from the previous year. Analysts had predicted a figure of 1.32 billion euros, according to FactSet. The profits … Read more
Over the past decade, college enrollment has been on a steady decline, leading to financial struggles for many institutions. As a result, an increasing number of colleges are facing the difficult decision to shut down. According to data from the State Higher Education Executive Officers Association (SHEEO), 28 degree-granting institutions closed in the first nine … Read more
McDonald’s experienced a drop in shares during after-hours trading after the Centers for Disease Control and Prevention (CDC) announced that an E. coli outbreak linked to McDonald’s Quarter Pounder burgers has resulted in 10 hospitalizations and one fatality. The CDC reported a total of 49 cases across 10 states between September 27 and October 11, … Read more
Investing.com – European stock markets showed a mixed performance on Tuesday as investors analyzed third-quarter corporate earnings in the midst of uncertainties surrounding global growth and future interest rate adjustments. At 03:10 ET (07:10 GMT), the DAX in Germany was trading 0.5% higher, while the CAC 40 in France was down 0.1% and the FTSE … Read more
President Biden will be leaving the Oval Office soon, and the Social Security plan is facing a significant challenge. According to a nonpartisan watchdog group, The Committee for a Responsible Federal Budget, the program will be insolvent in nine years, but this timeline could shrink to six years if Donald Trump implements his campaign platform. … Read more
In a statement on Thursday, its acting director Ronald Rowe said the agency would carefully examine the new report. “We have already significantly improved our readiness, operational and organizational communications and implemented enhanced protective operations for the former president,” he said. In the report, which was drafted by state and national law enforcement officials, the … Read more
BOGOTA, Colombia (AP) — Armed groups operating in Colombia’s Amazon are tightening their grip on the region and that’s stalling government efforts to tackle deforestation, according to a think tank report Thursday. The Revolutionary Armed Forces of Colombia (FARC) dissidents, known as EMC, have the ability to slow or accelerate deforestation at will, said the … Read more
Several companies are set to release their earnings reports next week, with some potentially standing out among the rest. Earnings season is in full swing, with 22% of S&P 500 members expected to announce their quarterly results in the coming days. According to FactSet, the majority of companies that have already reported their third-quarter earnings … Read more