Bank of America said Wednesday that its fourth-quarter profits fell by nearly half from a year ago, as the bank had to book $2.9 billion in charges related to the new tax law.
Goldman Sachs posted a $1.93 billion loss in the fourth quarter as the investment bank had to record more than $4 billion in charges related to the new tax law. It was the bank’s first quarterly loss in more than six years.
The retail giant announced Wednesday that it will provide the packets free with opioid prescriptions filled at its 4,700 U.S. pharmacies.
U.S. homebuilders are feeling slightly less optimistic about their sales prospects, even as their overall outlook remains favorable.
Swedish low-cost fashion brand H&M says it has appointed a diversity leader after having been accused of racism over an ad showing a black child dressed in a hoodie reading “coolest monkey in the jungle.”
The company said it has a responsibility to think about sending messages of unrealistic body images to girls and young women.
The 10th-generation Accord edged out the Kia Stinger and Toyota Camry for the award, which was announced at the North American International Auto Show in Detroit. The award program, now in its 24th year, has twice gone to the Honda Civic.
Facebook is tweaking what people see to make their time on it more “meaningful” in a move that could hurt publishers and news organizations that rely on it to spread their content.
Fourteen states stretching from Kansas to Delaware, including all of the Deep South, are joining to promote the U.S. Civil Rights Trail, which will highlight about 130 sites linked to the modern civil rights movement. T