European leaders hold summit in Brussels to consider response to Donald Trump’s climbdown
Blog
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Capital One is buying startup Brex for $5.15 billion in credit card firm’s latest deal
Capital One’s acquisition of Brex is the latest deal under Rich Fairbank, a rare founder-CEO of a major U.S. bank, after its Discover Financial deal last year.
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Intel stock plunges 13% on soft guidance, concerns about chip production
Intel reported fourth-quarter earnings Thursday that beat Wall Street expectations but offered soft guidance for the current quarter.
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Trump sues JPMorgan and CEO Dimon for $5bn over debanking
US president claims lender unfairly closed his accounts for political reasons
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JPMorgan boosts Dimon’s pay to record $43mn
Long-serving chief executive of largest US bank paid $1.5mn in base salary and a $41.5mn bonus
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Nato chief and Trump discussed revamp of US-Denmark military deal
Danish PM open to renegotiating 1951 pact provided country’s sovereignty was not called into question
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Greenland PM: Don’t know details of Trump-NATO deal framework, but sovereignty is a ‘red line’
Nielsen criticized Trump’s aggression toward Greenland, saying the rhetoric is “unacceptable.”
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Fed’s main gauge shows inflation at 2.8% in November, edging further away from target
Inflation drifted slightly further from the Federal Reserve’s target in November though in line with expectations.
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Elon Musk’s SpaceX lines up 4 banks for blockbuster IPO
Bank of America, Goldman Sachs, JPMorgan Chase and Morgan Stanley set to take lead on listing
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Zelenskyy lays into ‘lost’ Europe for trying to ‘change’ Trump and not dealing with global threats
Ukraine’s president, Volodymyr Zelenskyy, has attacked Europe as weak in the face of the U.S. and President Donald Trump.