Billionaire Warren Buffett’s Berkshire Hathaway has sold some more shares of Bank of America over the past few days, raking in $981.9 million.
Read More Warren Buffett offloads Bank of America shares worth $982 million in latest sale
Tag: banking
As losses mount, CrowdStrike says bug in quality control process led to botched update
A software bug in CrowdStrike’s quality control system caused the software update that crashed computers globally last week.
Read More As losses mount, CrowdStrike says bug in quality control process led to botched update
CrowdStrike shares tumble 13% on IT outage impact
Microsoft said about 8.5 million Windows devices, or less than 1% of all Windows machines, were affected.
Read More CrowdStrike shares tumble 13% on IT outage impact
Wall Street ends down as US retail sales data crimps rate cut bets
Stocks finished lower after upbeat December U.S. retail sales data eroded expectations the Federal Reserve will kick off its rate-cut campaign as early as March.
Read More Wall Street ends down as US retail sales data crimps rate cut bets
Almost 10,000 American bank branches shut down since 2019, pushing towards automation
Almost 10,000 bank branches have closed in the United States in the last few years, hastening the country’s shift to computerized, automated banking and less need for bank employees.
Read More Almost 10,000 American bank branches shut down since 2019, pushing towards automation
Blaming banks for the environment is not good business
By Adonis Hoffman
June 2, 2023
(Views expressed by guest commentators may not reflect the views of OAN or its affiliates.)
Read More Blaming banks for the environment is not good business