Bank Of America Tops Q4 Estimates As AI Drives Account Growth, Reduces Hiring Needs
Bank of America reports customer growth in the fourth quarter. Some growth could be coming from AI, which is also helping with costs. read more
Benzinga 
Instagram Users: Beware Fraudulent ‘Password Reset’ Emails As App Expands AI Features
The app let its users know about the fraudulent attempt, which could have impacted its more than 2 billion accounts.
Black Enterprise 
Why oil experts say U.S.-Iran tensions feel different this time around than previous crises
Oil experts are factoring in the possibility of revolutionary upheaval in Iran as tensions with the U.S. flare back up.
MarketWatch 
Chipotle Boycotts? Social Media Tries To Hurt Bill Ackman's Finances After He Donates To ICE Agent
Chipotle could see boycotts due to an old relationship with Bill Ackman, as the billionaire angers some consumers with a donation on GoFundMe. read more
Wells Fargo CFO: Don't See Credit Trends Deteriorating
Mike Santomassimo, Wells Fargo CFO, says the bank saw strong loan momentum this quarter. He tells Romaine Bostick and David Gura on “The Close” that the president’s proposal would pull credit at a critical time, reducing access for consumers across the credit card spectrum. (Source: Bloomberg)
Bloomberg Markets 
Flipping Japan IPOs Loses Luster as Small Share Sales Disappear
Japan’s initial public offerings have become less profitable to flip on their trading debut, a trend investors have welcomed as an indication of higher quality companies coming to market.
Martin Lawrence Says Jokes On The 90s Show Modeled ‘How Black People Joked’ Not Colorism
The hit show "Martin" continues to be a subject of renewed interest among audiences who are examining classic Black art, especially comedy, that is now seen as not being politically correct.
China Looks for Assurances Over Billions in Loans to Venezuela
Chinese officials have sought talks with Venezuelan and US officials to get assurances over its loans to the South American country, according to people familiar with the matter.
Stephen Ross on Palm Beach Development, Dolphins Offers
Stephen Ross, CEO and chair of Related Ross, founder of Related Companies and owner of the Miami Dolphins, discusses the outlook for business development in the West Palm Beach area and the future ownership of the Dolphins franchise during a Bloomberg Newsmakers event with Caroline Gage. (Source: Bloomberg)
Stocks Slide as Banks Weigh, Tech Weakness Persists | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, David Gura, Carol Massar and Tim Stenovec. (Source: Bloomberg)
Sadiq Khan to warn AI could cause ‘mass unemployment’ in London
Mayor concerned that capital will be at ‘sharpest edge of change’ given dependence on white-collar jobs
Financial Times 
Kevin Durant Prepares To Open First Restaurant In Austin, Texas
Kevin Durant, who currently plays for the Houston Rockets, will open a restaurant called Austin Sports Club in Austin, Texas, this year
Billionaire Investor Dumps Workday Stake, And It's Not The First Time
Hedge fund Third Point, run by Dan Loeb, fully exited Workday in 2025, signaling uncertainty as analysts cut price targets despite AI momentum and solid financial performance. read more