Donald Trump filed a $5bn lawsuit against JPMorgan and CEO Jamie Dimon, alleging accounts were closed for political reasons. JPMorgan denies the claims.
In his Davos debut, Elon Musk said high U.S. solar tariffs hurt clean energy economics, while predicting rapid progress in robots and self-driving tech.
Intel missed forecasts, citing AI server chip shortages and weak outlook. Shares fell 13% as factory limits and low yields hit margins.
Ericsson topped Q4 profit estimates and announced a $1.7bn share buyback plus higher dividends after strong sales and cost cuts.
GM will stop making the Buick Envision in China and build the next model in Kansas City from 2028, boosting U.S. jobs amid ongoing tariffs.
Nationwide forecasts UK house prices will grow 2%-4% next year as affordability improves and interest rates may fall further.
Japan's government sees moderate recovery but warns U.S. trade policies and yen weakness could pose risks, ahead of February elections.
UK inflation climbed to 3.4% in December, driven by air fares and tobacco, keeping the Bank of England from cutting interest rates soon.
JPMorgan and Allen & Co earn $180M in fees as Netflix and Paramount battle for Warner Bros, with JPMorgan also taking $189M in financing fees.
Japan's rising Sanseito party says the BOJ is raising rates too fast, warning higher borrowing costs could hurt the fragile economy ahead of elections.
Intel shares rise as AI data center demand boosts server chips, with investors watching results for signs CEO Lip-Bu Tan's turnaround is working.
At Davos, Trump said the U.S. won't use force to gain Greenland but insisted only America can secure it, urging talks with Denmark despite NATO concerns.
Goldman Sachs promotes consumer banker Ben Frost to chairman of investment banking, naming Cosmo Roe and Milan Hasecic as retail co-heads.
Tesla has reduced staff at its Berlin gigafactory by about 1,700 workers, a 14% drop, amid broader global layoffs to cut costs.
Rio Tinto topped forecasts for fourth-quarter iron ore and copper production, signalling operational gains under its new CEO and lifting shares.
Nvidia CEO Jensen Huang plans to visit China in late January as the company looks to reopen a key market for its AI chips.
Berkshire Hathaway may sell its 27.5% stake in Kraft Heinz, ending a long-running investment after years of write-downs and weak performance.
Nike appointed new regional leaders across EMEA, Greater China, and Asia Pacific as it seeks to revive growth and strengthen demand in key markets.
Citigroup CEO Jane Fraser said proposed credit card interest rate caps lack bipartisan support and could restrict credit access across the U.S. economy.
Denmark's AkademikerPension will sell about 100 million in U.S. Treasuries by month-end, citing weak U.S. government finances, not politics.
GSK agreed to acquire US biotech RAPT for 2.2bn, gaining a promising food allergy drug that could become a blockbuster by 2031.
Netflix revised its Warner Bros deal to an all-cash offer at 27.75 per share, aiming to shut out Paramount and speed shareholder approval.
PM Mark Carney is courting China and new trade partners to cut reliance on the U.S., but Canada still sends about two-thirds of exports south.
Bank of Japan likely to raise its 2026 growth forecast and stay open to further rate hikes, but timing remains unclear amid market volatility and politics.