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Charles Schwab touts record-high $4 trillion in client assets after erasing trading fees

The surge in assets and accounts signals that Schwab's ending commission fees is paying off by attracting customers and boosting new revenue streams.

Morgan Stanley 4Q earnings smash Wall Street forecasts as revenue jumps across the board

The banking titan posted higher revenues across its institutional securities, wealth management, and investment management divisions.

Goldman Sachs misses profit forecasts as legal costs double to more than $1 billion

The bank posted a strong quarter for trading, but the impact was muted by a $1.1 billion legal charge amid a pending settlement for the 1MDB scandal.

Bank of America 4Q earnings beat Wall Street’s profit forecasts as sales and trading revenue jumps

The banking titan posted lower revenue and net income in three of its four main divisions, while sales and trading drove growth in global markets.
Delta planes line up at their gates while on the tarmac of Salt Lake City International Airport in Utah September 28, 2013. Picture taken September 28, 2013.

Delta soars as US travel growth pushes profits past Wall Street’s highest forecast

The company's domestic revenue grew more than any other regional business, hinting its bet on increased US travel is paying off.
Michael Corbat, left, CEO of Citigroup, and Jamie Dimon, CEO of JPMorgan Chase, testify during a House Financial Services Committee hearing in Rayburn Building titled "Holding Megabanks Accountable: A Review of Global Systemically Important Banks 10 years after the Financial Crisis," on Wednesday, April 10, 2019.

Citi earnings beat estimates as fixed-income trading spikes 49%

The firm posted a 49% gain to fixed income trading revenue, more than double the gain analysts anticipated, according to those surveyed by Bloomberg.

JPMorgan’s 4Q earnings smash Wall Street’s targets

JPMorgan beat analysts' expectations as fixed income and equities fueled record revenues in its corporate and investment banking division.
'3%' is one of Netflix's biggest originals from Brazil.

Brazil was one of Netflix’s first international breakthroughs. But new app usage data suggests it’s struggling to keep up growth.

Netflix may have stumbled during the fourth quarter in the key Latin American market, Brazil, estimates from mobile-analytics firm SimilarWeb suggest.

The SEC is investigating whether BMW manipulated sales figures by counting cars as sold before they even left the lot

'We can confirm that we have been contacted by the SEC and will cooperate fully with their investigation,' a BMW spokesperson told Business Insider.
Handlers place letters and envelopes into cartons at the Marina Del Rey, California FedEx station

FedEx burns $3.5 billion in market value after a brutal earnings report

FedEx also shifted its full-year earnings estimate lower, citing a greater shift to costly home deliveries.