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Citigroup beats profit estimates on lower expenses, shares rise

One year ago   |   By Reuters

Citigroup Inc beat Wall Street profit estimates on Monday as lower expenses offset a drop in quarterly revenue, stemming from year-end volatility in its fixed-income trading business.
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Citigroup adjusted profits rise by 9 percent, beats estimate

One year ago   |   By Miami Herald

Citigroup is reporting its profits rose by 9 percent on an adjusted basis from a year earlier, helped by a lower tax rate and a reduction in expenses. Citi said...
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Citigroup adjusted profit rises 14 percent on lower expenses

One year ago   |   By Reuters

Citigroup Inc reported a 14 percent rise in adjusted quarterly profit on Monday, as lower expenses offset a decline in revenue in its fixed income business.
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Biden picks Kamala Harris, his former 2020 rival, to be his vice...

Biden picks Kamala Harris, his former 2020 rival, to be his vice presidential running mate

After months of speculation, former Vice President Joe Biden tapped Sen. Kamala Harris of California to be his vice presidential running mate. The 55-year-old former California... Read more ...

Money offered for info on former ‘Tiger King' star husband

Money offered for info on former ‘Tiger King' star husband

The family of a Florida man who disappeared in 1997 and was mentioned on the hit TV series “Tiger King,” has hired a lawyer and is offering $100,000 in exchange for information... Read more ...

Oil climbs as slowing COVID-19 cases spur hopes of a demand recovery

Oil climbs as slowing COVID-19 cases spur hopes of a demand recovery

Oil prices rose on Tuesday as slowing new coronavirus cases sparked hopes of a demand recovery. West Texas Intermediate crude rose 2.4% to $42.94 per barrel, while... Read more ...

Lucid Air claims a stunning 517-mile range, making the $100,000 luxury sedan...

Lucid Air claims a stunning 517-mile range, making the $100,000 luxury sedan 'the world's longest range electric vehicle'

Lucid announced that its debut car, the Lucid Air, has an estimated EPA range of 517 miles on Tuesday. Lucid's range smashes the Tesla Model S's record of 402 miles. Range... Read more ...

Inovio Pharmaceuticals sheds 12% after earnings miss, update on its COVID-19...

Inovio Pharmaceuticals sheds 12% after earnings miss, update on its COVID-19 vaccine

Inovio Pharmaceuticals reported quarterly earnings results Monday that missed Wall Street's expectations. Shares of the pharmaceutical company shed 12% in premarket trading... Read more ...

The coronavirus is proving 'exceptionally difficult to stop' warns the World...

The coronavirus is proving 'exceptionally difficult to stop' warns the World Health Organisation as global cases surpass 20 million

The World Health Organisation says the coronavirus is proving 'exceptionally difficult to stop.' The WHO's comments came as the overall confirmed number of global cases reached... Read more ...

Fauci has questioned whether Russia's coronavirus vaccine is safe amid...

Fauci has questioned whether Russia's coronavirus vaccine is safe amid concerns nations are cutting corners to win the vaccine race

Russian President Vladimir Putin announced Tuesday that Russia has approved a coronavirus vaccine for mass production. The drug - named Sputnik V in reference to Russia's Cold... Read more ...

Trump and top Republicans call for college football season to go ahead, even...

Trump and top Republicans call for college football season to go ahead, even though conferences are cancelling games because they don't think it's safe

President Donald Trump is urging college football authorities to press ahead with the fall season despite the coronavirus continuing to spread in the US. Several conferences... Read more ...

Secret Gyms And The Economics Of Prohibition

Secret Gyms And The Economics Of Prohibition

COVID-19 safeguards have created a black market for gyms. (Image credit: Adrian Dennis/AFP via Getty Images) Read more ...

Dollar Tree once again pivots on mask policy - now requires customers to...

Dollar Tree once again pivots on mask policy - now requires customers to wear face coverings

Dollar Tree and its Family Dollar brand are once again requiring customers to wear masks in stores. Dollar Tree last reversed its mask mandate in July, even as other major... Read more ...