Wells Fargo CEO warns of severance costs of nearly $1 billion in fourth quarter as layoffs loom
Charlie Scharf, CEO, Wells Fargo, speaks during the Milken Institute Global Conference in Beverly Hills, California on May 2, 2023. ...
Tag: Costs
Cummins India Q2 Results: Net profit rises 23% on lower costs
BENGALURU - Diesel and natural gas engine maker Cummins India reported a 23% rise in second-quarter profit on Tuesday as ...
Provision write back helps SBI as wage costs rise
State Bank of India (SBI), the country’s largest bank by assets reported a 8% increase in net profit year-on-year due ...
Why borrowing costs for nearly everything are surging, and what it means for you
Federal Reserve Board Chair Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting at the ...
More companies, especially airlines, warn higher costs will eat into profits
An American Airlines 787 is loaded with cargo at Philadelphia International Airport.Leslie Josephs/CNBCMore companies are warning that a surge in ...
Deutsche Bank beats expectations despite 27% drop in profit, jump in costs
A Deutsche Bank AG branch in the financial district of Frankfurt, Germany, on Friday, May 6, 2022.Alex Kraus | Bloomberg ...
UnitedHealth stock jumps after earnings top estimates despite rising medical costs
UnitedHealth Group's stock price jumped Friday after the health-care conglomerate reported second-quarter revenue and adjusted earnings that topped Wall Street's ...
Uninsured Americans pay high costs for an insulin Eli Lilly vowed to price at $25, Sen. Warren says
An Eli Lilly and Company pharmaceutical manufacturing plant is pictured in Branchburg, New Jersey, March 5, 2021.Mike Segar | ReutersUninsured ...
