admin

NEW YORK — Visa Inc. said its adjusted third-quarter profits rose by nearly double digits, as the global payments company continues to benefit from the broad shift by consumers to using credit and debit cards instead of cash. The company…

NEW YORK — The Banc of California has agreed to buy PacWest Bancorp in an all-stock transaction, bringing an end to months of speculation about whether PacWest could survive on its own after the failures of three other regional banks…

WASHINGTON — The Republican chairman of the House Judiciary Committee is threatening to hold Meta CEO Mark Zuckerberg in contempt of Congress for failing to supply documents related to an investigation into supposed censorship by tech companies of conservatives. Rep.…

Microsoft reported a 20% spike in quarterly profits Tuesday, helping to fuel its battle to get ahead of rivals like Google, Amazon and Facebook parent Meta in selling the latest artificial intelligence technology. The software giant said its fiscal fourth-quarter…

DALLAS — A large number of Airbus passenger jets will need to have their engines removed and inspected in the coming months after engine maker Pratt & Whitney discovered a problem that could cause parts to wear out more quickly,…