Schwab said it opened more than 1 million new brokerage accounts during the quarter and gathered $80.3 billion in core new assets, up 31%. Total client assets set a record of $10.76 trillion, up 14% ...

Meta Platforms won't sign the European Union's code of practice for general-purpose artificial intelligence because it adds legal uncertainty and brings in measures that go beyond the scope of AI ...

"'Labor hoarding' has been a widespread trend over the last couple of years as businesses fear that they will struggle to find labor of all skill levels when business conditions pick back up," Thomas ...

Charles Schwab notched a higher profit in the second quarter as revenue surged to record levels, thanks to boosted trading volumes and capital inflows. The brokerage posted a profit of $2.13 billion, ...

What’s the difference between risk tolerance and risk profile? Risk tolerance and risk profile are often used synonymously ...

Amex saw 7% growth in spending last quarter. Spending on front-of-cabin plane tickets and 'high-value' lodging transactions was up even more than that. American Express Co. saw an acceleration in ...

Chevron and Hess shares rose after an arbitration panel cleared the way for their merger. Shares of Chevron advanced 3% to $156.40, while Hess's stock gained 7% to $160 in pre-market trading Friday.

Schlumberger recorded lower earnings and revenue in the second quarter amid a softer upstream spending, but managed to beat Wall Street estimates. The Houston oilfield-services company posted a profit ...

"While the outlook for the global economy continues to be uncertain, Atlas Copco Group expects that the customer activity will remain at the current level," the company said in a statement. Overall, ...

Bristol Myers on Friday said the Phase 3 study of Reblozyl with concomitant janus-kinase-inhibitor therapy didn't meet its primary endpoint of red-blood-cell transfusion independence in adults with ...

American Express posted higher revenue in the second quarter, driven by a 20% jump in card fees. The New York bank on Friday posted a profit of $2.89 billion, or $4.08 a share, in the second quarter, ...