Today’s top business headlines with ChristineRomans before the opening bell on Wall Street:
London 1. Earnings on tap: The reporting bonanza continues on Tuesday with Bank of America and BlackRock both set to publish earnings before the open.
Investors are particularly nervous about bank results because of worries about the health of the global economy and the uncertainty around rising interest rates in the United States.Goldman Sachs said Monday that its net income fell 20% during the first quarter compared with a year ago. JPMorgan Chase reported solid results on Friday and Citigroup posted profit that beat estimates.2. Can Netflix strike back? Netflix is set to report earnings after the closing bell.
Tuesday — Bank of America, BlackRock , Johnson & Johnson , Netflix, United Continental Holdings earningsThursday — American Express , Skechers earnings; US retail sales Friday — US markets are closedCorrection: An earlier version of this story gave an incorrect time for the release of earnings from United Continental Holdings.
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Bank of America's branch network will cover over 90% of the US by 2021BI PRIME: Bank of America (BofA) announced plans to expand and modernize its existing branch network through 2021.
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Bank of America will hike its minimum wage to $20Bank of America is raising its minimum pay to $20 an hour for its more than 205,000 employees.
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Bank of America to raise minimum wage to $20 an hour by 2021The company's announcement comes as Democratic lawmakers push legislation to raise the federal minimum wage from the current $7.25 to $15 per hour by 2024 amid a tight labor market.
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Bank of America is creating a digital financial coach to chase the 'holy grail' of bankingBank of America's new program is the latest evolution for an industry in the throes of change.
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