(Reuters) - Goldman Sachs' profit jumped 45% in the third quarter as the investment bank benefited from a rebound in dealmaking. It joined JPMorgan Chase, which also gained from an investment banking revival, as corporate clients became more confident in the economic outlook, spurring debt and equity offerings. Our performance demonstrates the strength of our world-class franchise in an improving...

07:27 AM EDT, 10/15/2024 (MT Newswires) -- The New York Times Company ( NYT ) has sent Jeff Bezos-backed startup Perplexity a cease-and-desist notice over its use of the news outlet's content to train its generative AI language model, the Wall Street Journal reported Tuesday, citing a letter sent by lawyers. The New York Times ( NYT ) is also...

07:24 AM EDT, 10/15/2024 (MT Newswires) -- Ryder System (R) said Tuesday that its board has approved a new discretionary share repurchase program that will allow management to buy back up to 2 million shares through Oct. 9, 2026. The company said it currently has an anti-dilutive share repurchase program in place for up to 2 million shares that will...

(Reuters) - Goldman Sachs' third-quarter profit jumped 45%, fueled by a rebound in bond sales, stock offerings and mergers, sending its shares up more than 3% in premarket trading. It joined JPMorgan Chase, which also gained from an investment banking revival, as corporate clients became more confident in the economic outlook, spurring debt and equity offerings. Our performance demonstrates the...