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Citigroup: 3Q Earnings Snapshot

The Associated Press  |  Posted Oct 15th - 6:32am

Citigroup Inc. on Tuesday reported higher third-quarter earnings, driven by a lower effective tax rate and higher revenue, partially offset by higher expenses and cost of credit.

Elastic Introduces Elastic Endpoint Security

Business Wire, Associated Press  |  Posted Oct 15th - 6:30am

Elastic Logs, APM, SIEM, App Search, Site Search, Enterprise Search, and now Endpoint Security — with a consistent and transparent pricing framework. This ensures organizations can capture maximum value from their data. With Elastic Endpoint Security, customers get full protection for as many endpoints as they need, and full data collection and shipping without having to compromise.

Splunk .conf19 to Celebrate a Decade of Showcasing Customer Success in Front of a Sold Out Audience of Industry and Technology I

Business Wire, Associated Press  |  Posted Oct 15th - 6:01am

.conf19 — will welcome a record number of attendees. The event will take place from October 21-24, 2019, at The Venetian and Sands Expo in Las Vegas. This will be Splunk’s 10th conference anniversary and attendees from around the globe are gearing up to learn the latest on Splunk® products spanning IT, security, developer, artificial intelligence and machine learning, mobile, and the Internet of Things (IoT) technology. To reserve your place at .conf19, register here.

Goldman Sachs 3Q profit falls 26%, short of expectations

Ken Sweet, Associated Press  |  Posted Oct 15th - 5:55am

Goldman Sachs had a 26% decline in third quarter profits, the bank said Tuesday, as Goldman took losses on some of its public investments and struggled to drum up enough advisory business.

China chemical plant explosion kills 4

The Associated Press  |  Posted Oct 15th - 5:39am

An explosion at a chemical plant in southern China has killed at least four people and injured six.

JPMorgan Chase 3Q profits up 8%, but loan growth slows

Ken Sweet, Associated Press  |  Posted Oct 15th - 5:15am

JPMorgan Chase & Co. said Tuesday that its profits grew by 8% in the third quarter, helped partly by higher interest rates and a better-than-expected performance in its investment banking business.

Higher 3Q profit, improved outlook for Johnson & Johnson

Linda A. Johnson, Associated Press  |  Posted Oct 15th - 5:09am

Johnson & Johnson's third-quarter profit jumped 23%, beating Wall Street forecasts, thanks to higher sales of its key medicines for cancer and immune disorders and an acquisition-related charge a year earlier.

Thomas Cook chief 'sorry' but not sure about returning bonus

The Associated Press  |  Posted Oct 15th - 4:20am

The former chief executive of the failed Thomas Cook travel agency has told a British parliamentary committee he has not decided whether to return his substantial cash bonus.

UnitedHealth revenue up 7%, raises annual outlook

Tom Murphy, Associated Press  |  Posted Oct 15th - 4:17am

of which UnitedHealth is a component — has climbed nearly 15 percent.

Climate activists in London shift site but keep up protests

The Associated Press  |  Posted Oct 15th - 3:52am

Climate protesters in London plan to keep up their campaign despite being ousted by a police order from their Trafalgar Square encampment.

UK labor market weakening amid Brexit uncertainty

The Associated Press  |  Posted Oct 15th - 3:43am

Official figures suggest that the U.K. labor market is weakening amid all the Brexit uncertainty.

Pakistan's premier travels to Saudi Arabia amid Gulf tension

The Associated Press  |  Posted Oct 15th - 3:39am

Pakistan's prime minister is traveling to Saudi Arabia amid his efforts to ease tensions between Riyadh and Iran after a recent attack on the kingdom's oil industry.

The Latest: UK says it wants to nail down a Brexit deal ASAP

The Associated Press  |  Posted Oct 15th - 3:14am

The Latest on Brexit (all times local):

Report: Deutsche Bank gave lavish gifts to China's leaders

The Associated Press  |  Posted Oct 15th - 2:52am

German newspaper Sueddeutsche Zeitung reports that Deutsche Bank gave expensive gifts to senior Chinese officials at a time when it was trying to establish itself as a major player in China's financial industry.

Cohesity Appoints Mauro Ballerini as New Director of Southern EMEA Sales

Business Wire, Associated Press  |  Posted Oct 15th - 2:00am

data used for backup, archiving, testing and development, file shares and object stores, and analytics — sit in silos that don’t integrate and can be incredibly challenging, costly, and time-consuming to back up and manage. Cohesity consolidates data silos and applications onto one easy-to-use platform, empowering customers in the EMEA region and around the world increase IT efficiency, reduce costs and compliance challenges, and derive powerful insights that can create better business outcomes.

Online retailer Zalando sets diversity target for management

The Associated Press  |  Posted Oct 15th - 1:48am

Online fashion retailer Zalando says it wants at least 40% of its senior managers to be women within four years, following recent criticism that all five members of its management board are men.

World shares mostly higher ahead of earnings reports

Elaine Kurtenbach, Associated Press  |  Posted Oct 15th - 1:47am

Stock markets mostly rose on Tuesday as investors gauged the outlook for the U.S.-China trade dispute and looked to earnings reports from large banks.

Update on the latest in business:

The Associated Press  |  Posted Oct 15th - 1:41am

Shares were mixed in Asia today after a wobbly day of trading on Wall Street.

China says postal fees to rise after US complaint

The Associated Press  |  Posted Oct 15th - 1:24am

Fees paid by China to the United States and other countries to deliver packages will nearly triple through 2025 under an agreement by the global postal union following complaints by Washington, the Chinese post office said Tuesday.