US - page 61

Bank of America Announces Expansion to Its Customized Cash Rewards Credit Card
News

Bank of America Announces Expansion to Its Customized Cash Rewards Credit Card

Bank of America (BoA) announced the expansion of the use scale of its Customized Cash Rewards credit card, which provides owners with additional benefits and opportunities when receiving cashback in several categories.

Cross River Bank and FinTech Platform Current to Launch New Credit-Building Product
Fintech & Ecommerce

Cross River Bank and FinTech Platform Current to Launch New Credit-Building Product

Cross River Bank has reached an agreement with the Current fintech platform on cooperation within the framework of the project to launch a new loan product.

Goldman Sachs Reportedly to Sell Its Personal Financial Management Business
News

Goldman Sachs Reportedly to Sell Its Personal Financial Management Business

The media reported that in the future, Goldman Sachs may decide to sell its personal finance management business.

China Fines US Firm Mintz Group
Society & Lifestyle

China Fines US Firm Mintz Group

China has fined the American company Mintz Group, which specializes in corporate legal expertise.

S&P Global Ratings Downgrades Five Regional US Banks
Finance & Economics

S&P Global Ratings Downgrades Five Regional US Banks

S&P Global Ratings has revised down the ratings of five regional banks in the United States.

Meta Reportedly to Launch Web Version of Threads
News

Meta Reportedly to Launch Web Version of Threads

The media reports that Meta is currently working on creating a web version of Threads, a virtual platform competing with Twitter.

Citigroup CEO Reportedly Weighs Plan to Break Up Corporation’s Biggest Unit
Finance & Economics

Citigroup CEO Reportedly Weighs Plan to Break Up Corporation’s Biggest Unit

The media reports that currently, the chief executive officer of Citigroup Jane Fraser is considering the possibility of creating a plan to break up the largest unit of this corporation as part of a restructuring strategy.

Company Applied Materials Publishes Positive Forecast for Future
News

Company Applied Materials Publishes Positive Forecast for Future

Applied Materials, an American company that manufactures equipment necessary for the production of chips, has released a forecast for the current quarter, which contains optimistic expectations and statements about the likely weakening of the downturn in the industry.

Comerica Bank Unveils New Business Banking Solutions
Finance & Economics

Comerica Bank Unveils New Business Banking Solutions

Comerica Bank, headquartered in Dallas, Texas, announced the launch of a new set of solutions for small business and business banking clients.

Ohio-Based Peoples Bank Launches Credit Card Program
Fintech & Ecommerce

Ohio-Based Peoples Bank Launches Credit Card Program

Peoples Bank, which is based in Ohio, announced the launch of the Corserv credit card program.

New York City Bans TikTok on Government Devices
Science & Technology

New York City Bans TikTok on Government Devices

New York last Wednesday, August 16, decided to ban the use of the TikTok app on government devices.

IBM Develops Prototype Brain-Like Chip
News

IBM Develops Prototype Brain-Like Chip

The technology giant IBM is currently developing a prototype of a chip similar to a human brain and states that within the framework of this project, the issue of improving the energy efficiency of artificial intelligence is being solved.

Coinbase to Offer Crypto Futures to US Customers
Blockchain & Crypto

Coinbase to Offer Crypto Futures to US Customers

Coinbase gained regulatory approval to operate a Futures Commission Merchant (FCM) and offer eligible US customers access to crypto futures

Intel Abandons Its Attempt to Acquire Tower Semiconductor
News

Intel Abandons Its Attempt to Acquire Tower Semiconductor

Intel Corporation announced the termination of attempts to acquire the Israeli company Tower Semiconductor.

Fitch Warns of Possible Downgrade of Dozens of Banks
Finance & Economics

Fitch Warns of Possible Downgrade of Dozens of Banks

An analyst at Fitch Ratings warned that the US banking sector is currently on the way to a new downgrade, which could potentially affect dozens of lenders, including industry giants such as JPMorgan Chase.

UBS to Pay Over $1 Billion to Settle Fraud Claims
News

UBS to Pay Over $1 Billion to Settle Fraud Claims

It became known that the Swiss bank UBS agreed to pay $ 1.4 billion as part of the settlement of claims of involvement in fraudulent activities in the United States, which became a kind of premise of the financial crisis that broke out in 2008.