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Consumer Spending, Low Credit Card Delinquencies Lifts Big Bank Earnings

Consumer Spending, Low Credit Card Delinquencies Lifts Big Bank Earnings
Consumer Spending, Low Credit Card Delinquencies Lifts Big Bank Earnings
April 15, 2021  |  Banking

If there’s one universal theme thus far across bank earnings, across banks large and small, investment banking juggernauts and more retail-oriented firms … it’s that...

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Optum, Medicare Drive Strong UnitedHealthcare Q1 Results
Optum, Medicare Drive Strong UnitedHealthcare Q1 Results
April 15, 2021  |  Earnings

As the first major health insurer to release Q1 results this year, the UnitedHealth Group has set the bar high. Across its Optum and UnitedHealthcare...

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Walmart Backs Electric Vehicle Company Cruise
Walmart Backs Electric Vehicle Company Cruise
April 15, 2021  |  Investments

Walmart has invested in San Francisco-based Cruise, which is working on an all-electric fleet of self-driving cars, according to a press release. Walmart said it...

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Delta Air Lines Reverses Cash Burn Amid Pandemic
Delta Air Lines Reverses Cash Burn Amid Pandemic
April 15, 2021  |  Earnings

Delta Air Lines reported on Thursday (April 15) that cash burn averaged $11 million per day during the March quarter, although the air carrier began...

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Amazon Starts $250 Million Venture Fund Targeting Tech In India
Amazon Starts $250 Million Venture Fund Targeting Tech In India
April 15, 2021  |  Amazon Investments

Amazon’s launch of a $250 million venture fund focused on India is the Big Tech company’s next big step for its investment program targeting the...

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Taiwanese Ghost Kitchen JustKitchen Begins Trading In Canada
Taiwanese Ghost Kitchen JustKitchen Begins Trading In Canada
April 15, 2021  |  IPO

Trading started for the Taiwan-headquartered JustKitchen Holdings Corp. on Thursday (April 15) on Canada’s TSX Venture Exchange under the ticker JK. Get the Full Story...

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Despite Gains From Stay-At-Home Economy, PepsiCo Sees Vaccine As Tailwind
Despite Gains From Stay-At-Home Economy, PepsiCo Sees Vaccine As Tailwind
April 15, 2021  |  Earnings

In the first quarter of 2021, PepsiCo saw net revenue growth of 6.8 percent, for a total of $14.8 billion in revenue, up from last...

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Some RX Apps Feeling Better Than Others In New Provider Ranking
Some RX Apps Feeling Better Than Others In New Provider Ranking
April 15, 2021  |  Mobile Applications

Staying on one’s meds has never been more urgent than it is right now, because we all feel lousy and maybe just a little …...

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Truist First-Quarter Financials Show $1.3 Billion Net Income
Truist First-Quarter Financials Show $1.3 Billion Net Income
April 15, 2021  |  Earnings

Truist Financial Corporation has reported its earnings for the first quarter, with the net income available to common shareholders being $1.3 billion, according to a...

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