10:46 AM EDT, 05/01/2024 (MT Newswires) -- Block (SQ) is said to be under probe for alleged compliance lapses at its Square and Cash App units, NBC News reported Wednesday, citing two unnamed sources familiar with the matter. NBC said prosecutors from the Southern District of New York are looking into the company's documents and internal practices after a former...

Marriott International Inc ( MAR ) shares are trading lower after the company's first-quarter adjusted EPS missed estimates. The company reported first-quarter FY24 sales growth of 6.5% year-on-year to $5.98 billion, beating the analyst consensus estimate of $5.93 billion. Comparable systemwide constant dollar RevPAR increased 4.2% worldwide, 1.5% in the U.S. & Canada, and 11.1% in international markets, compared to...

10:45 AM EDT, 05/01/2024 (MT Newswires) -- Citigroup's ( C ) loan book could suffer billions of dollars of losses should the world speed up efforts to combat climate change, Reuters reported, citing a confidential analysis prepared by the bank that it reviewed. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be...

10:15 AM EDT, 05/01/2024 (MT Newswires) -- (Updates to add detail of the plan in the second paragraph, more information in the third and fourth paragraphs and the company's latest stock move in the fifth paragraph.) Johnson & Johnson ( JNJ ) announced a proposed plan by its subsidiary, LLT Management, for the final resolution of all current and future...