Thursday, 27 January 2022

Tag Archives: JPMorgan

JPMorgan Reports Record Earnings

NEW YORK: JPMorgan Chase has today reported a jump in first-quarter earnings, lifted by higher interest rates and revenue growth in core businesses. Net income for the first quarter was $8.7 billion, up 35.1% from the same time last year. Revenues increased 10.3% to $28.5 billion. The biggest US bank ...

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Toys ‘R’ Us files for bankruptcy ahead of holiday season

NEW YORK: Toys ‘R’ Us Inc, the largest U.S. toy store chain, filed for bankruptcy protection late Monday, the latest sign of turmoil in the retail industry that is caught in a viselike grip of online shopping and discount chains. The Chapter 11 filing is among the largest ever by ...

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