News

Bank of America Securities analyst Jason Zemansky downgraded Keros Therapeutics, Inc. (NASDAQ:KROS) from Buy to Neutral, ...
Tariffs are likely to bring some manufacturing back to the U.S., but the import taxes are more likely to benefit nearby ...
Many companies lumped layoffs in with larger cost-cutting strategies. Some have cited artificial intelligence as a factor in headcount adjustments.
Citigroup to cut 3,500 tech jobs in China as part of global restructuring targeting 10% workforce reduction. Layoffs show ...
A slew of major global banks are under fresh pressure to trim costs against the backdrop of deteriorating global economic ...
HP Inc. ( NYSE: HPQ) Bank of America Global Technology Conference Call June 4, 2025 5:40 PM ET Thank you, and welcome to day 2 of Bank of America's Global Tech Conference. I'm Wamsi Mohan. I cover IT ...
TD Bank, one of Canada’s financial institutions, has revealed plans to reduce its workforce by approximately 2%, affecting around 2,000 employees, as part of a broader restructuring effort ...
TD Bank Group said Thursday it is cutting about 2% of its workforce in an effort to save roughly $600 million a year, as part of a restructuring that began in the second quarter. The bank announced ...
he had reduced his position over the past few quarters and thus the continued reduction does not come as a total surprise. One potential reason why Buffett has reduced his Bank of America position ...
The Federal Reserve is planning to reduce the workforce at the central bank by 10% over the next ... MORE FREQUENT 'SUPPLY SHOCKS' The workforce reduction program will also include a voluntary ...
the scale of the reduction—potentially impacting over 20% of the FDIC’s roughly 6,000 employees—underscores the depth of the restructuring. The Workforce Optimization Initiative, a ...
WASHINGTON, April 21 (Reuters) - A top U.S. bank regulator told staff on Monday that it plans to cut its workforce by roughly 20% as part of the Trump administration's broader efforts to cull the ...