New York Community Bancorp encounters a steep 17% drop in share price following a junk status downgrade by Fitch Ratings and Moody’s, marking a drastic shift for a former regional banking outperformer.

Rosen Law Firm reminds Cummins Inc. investors of the imminent March 15, 2024 deadline for lead plaintiff application in the securities class action lawsuit over alleged emission-defeating devices. Legal representation is offered on a contingency fee basis.

The 'Global Commercial Aviation Turbofan Engines Market - 2024' report uncovers the aviation industry's expected climb out of crisis with insights into market trends, growth opportunities, and strategic predictions for turbofan engine advancements.

Lucas GC Limited has announced an upsized initial public offering, leveraging its AI-driven human capital management services to attract investors as it begins trading on the Nasdaq Capital Market.

Industry expert Dorab Mistry forecasts a significant dip in palm oil production across major regions, hinting at elevated market prices due to reduced stockpiles and stagnant production. This anticipated slow-down could usher in premium pricing for palm oil, fundamentally altering its historical cost advantage over other edible oils.

Elbit Systems Ltd. anticipates a significant $52 million in non-cash expenses for Q4 of 2023, as the defense giant writes off assets and inventories from a non-performing subsidiary to realign with strategic goals.

In the economic landscape of 2021, Colombia witnessed a historic leap in foreign direct investment, led by the oil and coal industries. Amidst President Gustavo Petro's environmental reforms, the country navigates a record $17.4 billion FDI, indicating robust yet uncertain economic prospects.

Wells Fargo faces a class action lawsuit alleging racial discrimination in mortgage lending, as it seeks more time to rebut expert reports supporting the case. This legal battle highlights disparities in loan approvals for minority groups and the bank's history of regulatory scrutiny.

A detailed analysis of Latin America's booming ecommerce market reveals a forecasted rise to $269.8B by 2027, driven by growth across diverse sectors and key players like Amazon and Mercado Libre.

In a significant financial development, Bitcoin and gold achieve simultaneous record highs, reflecting a complex interplay of risk appetite in the global markets. The synchronized rise of these traditionally disparate assets points to investor sentiment navigating between speculation and hedging strategies.