Category: business insider/finance

Jan 19

Dan Etete: Nigeria sues JP Morgan for $875 million over Dan Etete bank transfer

The Federal Republic of Nigeria is claiming the US bank was negligent in its conduct of the transfer Nigeria and  and investment bank JP Morgan Chase are headed for court after the West African country filed a hefty $875 million suit for negligence according to Reuters. According to the report, Nigeria is seeking compensation for […]

Jan 18

Finance: The crypto bloodbath is over: Here's a super-quick guide to what traders are talking about right now

Dave Lutz, head of ETFs at JonesTrading, has an overview of markets this Thursday Dave Lutz, head of ETFs at JonesTrading, has an overview of today's markets. A government shutdown is looming, but traders' angst remains low. Cryptocurrencies are rising after a two-day bloodbath. Here's Lutz: Good morning! US Futures are unchanged, digesting yesterday’s rally […]

Jan 16

Finance: What you need to know on Wall Street today

Hello. Here's what you need to know on Wall Street today. Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours. Sign up here to get the best of Business Insider delivered direct to your inbox. Citigroup released fourth-quarter results Tuesday, beating the expectations of Wall Street analysts with […]

Jan 13

Finance: The World Bank says it will redo its competitiveness rankings after unfairly influencing them for years

The upcoming revision could affect the rankings of a number of countries, but Chile may see the most significant adjustment. The World Bank says changes to the methodology of its "Doing Business" report may have unfairly affected some countries' rankings. Political motivations of World Bank staff may have influenced the changes, and Chile may have […]

Jan 12

Finance: 10 things you need to know before the opening bell

This is what traders are talking about. Here is what you need to know. JPMorgan beats earnings expectations after accounting for $2.4 billion hit from tax reform. They're the first of the big banks to report in what is expected to be a unconventional earnings cycle for the industry, mostly on account of the late-arriving […]

Dec 29

Finance: A family is suing Alaska Airlines after an elderly woman fatally fell down an escalator

The woman had her right leg amputated below the knee as a result of the fall and died the day after the surgery. A family is suing Alaska Airlines and a contractor after an elderly woman died following a fall down an escalator in a wheelchair at Portland International Airport. The family indicated that she […]