business news

‘Is this real?’ JPMorgan court filing shows Frank employees questioned stats before acquisition

Employees of a startup purchased by JPMorgan Chase expressed disbelief when the company’s founder directed them to boost their customer…

Bank of America makes $500 million equity push for minority- and women-led funds

Bank of America has committed to giving more than $500 million in equity investments to minority- and women-led fund managers…

Bowlero CEO calls discrimination claims made in EEOC investigation ‘absurd’

Bowlero CEO Tom Shannon on Wednesday called discrimination claims against the fast-growing bowling alley operator “absurd,” but acknowledged the federal…

Disney finance chief Christine McCarthy to step down as Iger reshapes the company

Christine McCarthy, Disney’s chief financial officer, will step down from that role, the entertainment giant said Thursday. She will take…

Justice Department to probe PGA Tour deal with Saudi-funded LIV Golf

The Department of Justice’s antitrust division has informed the PGA Tour it will review the organization’s proposed merger with Saudi-funded…

Senate Democrats pressure PayPal, Venmo, Cash App over fraud protections

WASHINGTON — Senate Democrats on Thursday urged PayPal and Cash App to better protect users of their peer-to-peer payment applications…

‘We’re all crazy when it comes to money,’ advisor says. How to manage your psyche for better finances

Human psychology and money don’t mix well. Left unchecked, our psyches can easily sabotage financial decision-making, behavioral experts said during…

Stocks making the biggest moves midday: Cava, Domino’s Pizza, Kroger, Lennar and more

Check out the companies making the biggest moves midday. Cava Group — Shares soared 99% in midday trading during its…

Trump classified documents case differs from Biden, Clinton, Pence issues — here’s how

WASHINGTON — As former President Donald Trump faces 37 federal counts for hoarding hundreds of classified documents after he left…