Business

Bank of America CEO honored at $32M fundraising event against antisemitism

Fox Business·Oct 22, 2026 · 3:34 PM CT
Readthrough summary

Brian Moynihan, CEO of Bank of America, was honored Wednesday night at a New York benefit that raised more than $32 million to combat antisemitism and other forms of hate.

He received the Leadership in Action Award from the Blue Square Alliance Against Hate, which New England Patriots owner Robert Kraft founded in 2019. The sold-out inaugural gala at the Waldorf Astoria drew more than 800 attendees and, according to the group, raised the largest single-night total in its history.

Moynihan thanked the alliance on behalf of his 209,000 colleagues and said the recognition "belongs to my teammates."

Summary written by Readthrough from the original article. The full story, with photos and any updates, is at Fox Business.

More Business

CNBC·

Moderna shares plunge after cancer vaccine data leaks — despite positive results

Moderna shares fell as much as 25% Thursday after partial data on its personalized cancer vaccine with Merck leaked, even though the full results looked positive. Paired with Keytruda, the shot cut the risk of melanoma recurrence or death by 42% versus Keytruda alone, and about 82% of patients were alive without recurrence at two years versus 70%.

Bank of England·

Regulators unveil plans to simplify Senior Manager and Certification Regime

The UK's Prudential Regulation Authority and Financial Conduct Authority opened parallel consultations on streamlining the 10-year-old Senior Managers and Certification Regime. Far fewer financial-services roles would need enhanced regulator checks, saving firms an estimated £2 billion over 10 years, while accountability standards stay the same.

Fast Company·

AI stocks slip and global markets retreat as oil hits five-month high

AI stocks dragged markets lower worldwide Thursday as oil hit its highest level since May on worries about the war with Iran. By early afternoon the S&P 500 was down 1.3% and the Nasdaq 2.4%, while Lam Research fell 11.1% despite better-than-expected results.

HM Treasury·

PM puts communities first in government investment rules shake up

The UK Prime Minister confirmed plans to reform the Treasury's Green Book, the official framework for judging spending projects, at next week's Budget. Projects in the same area would be assessed together rather than one by one, which the government says will help overlooked places make the case for investment.