Delta CEO Calls for Increased FAA Funding After Outage; BlackRock Buys Stake in 401k Startup; BofA Tops Estimates. | Hero

Delta CEO Ed Bastian has called Washington to increase FAA funding following an unacceptable outage. Meanwhile, BlackRock, the world's largest asset manager, just acquired a stake in a small-business 401(k) startup. Bank of America exceeded expectations, with revenue driven up by higher rates. China has also developed 'golden shares' in two Alibaba units. Despite these newsworthy headlines, Tesla shares are sinking in the premarket today. Ioneer, a lithium mining company, was recently granted a $700 million conditional loan from the Energy Department, while Citigroup's fourth-quarter profit declined 21%. Apple CEO Tim Cook has also announced he will take a 50% pay hit following shareholder feedback. To learn more about these headlines, keep reading to learn the five key things to know before the stock market opens on Friday, January 13.

---

This page's full content was not archived. Return to homepage