Citi's regulatory nightmare still haunts CEO Jane Fraser

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citigroup CEO jane fraser
Analysts turned up the heat on Citi CEO Jane Fraser during the bank's third-quarter earnings call.

SAUL LOEB/Getty Images

Things are looking up for Wall Street, and Goldman's third-quarter results show why

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David Solomon, Chairman and CEO, Goldman Sachs, speaks during the Milken Institute Global Conference on May 2, 2022
David Solomon, Chairman and CEO, Goldman Sachs, speaks during the Milken Institute Global Conference.

Patrick T. Fallon/AFP via Getty Images

Walgreens is closing 1,200 stores

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walgreens
Walgreens said it will close 500 locations next year.

Douglas C. Pizac/AP Images

Nike's new CEO has a big uphill struggle ahead

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Nike has tapped its veteran executive Elliott Hill to be its new CEO.
Nike has tapped its veteran executive Elliott Hill to be its new CEO.

Nike, NurPhoto/Getty Images

Nvidia just showed how hard it is to be the AI king

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Nvidia CEO Jensen Huang
Sky-high expectations are working against Nvidia, experts told BI.

Nvidia

Even retail's biggest comeback story isn't safe from economic worries

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image of storefront of abercrombie
Abercrombie & Fitch reported earnings that beat expectations on Wednesday, but its growth may be slowing.

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Warner Bros. Discovery says it overpaid for its TV networks by $9 billion

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WBD CEO David Zaslav talks to Tom Cruise during the 2024 Olympics in Paris.
WBD CEO David Zaslav, seen here talking to Tom Cruise at the Paris Olympics, says his TV business is worth a lot less than he thought just a few years ago.

Ezra Shaw/Getty Images

Disney figured it out: You can make money in streaming if you charge more

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Disney CEO Bob Iger at the Sun Valley conference in Idaho, July 2024.
Streaming used to be a money pit for Disney CEO Bob Iger. Not anymore.

Kevork Djansezian/Getty Images

Apple's iPad is having a moment

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ipad pro

Apple

  • Apple's iPad revenue was up 24% year-over-year, according to its latest earnings report.
  • Apple execs said the growth was driven by the new iPad lineup launched in May.
  • The iPad saw a jump in revenue even as revenue from other products was largely flat.

Apple's iPad is having a moment.

Apple just bought itself some time

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Apple CEO Tim Cook
Apple CEO Tim Cook brushed off an iPhone sales decline in Greater China while boasting a revenue record of $85.8 billion for the June quarter during an earnings call on Thursday.

Justin Sullivan/Getty Images; Chelsea Jia Feng

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