Morgan Stanley to get $375 million termination fee if E*Trade walks away from deal
Morgan Stanley will receive a $375 million breakup fee if E*Trade Financial Corp walks away from its $13 billion deal for the discount brokerage, the...
Wells Fargo to pay $3 billion to U.S. authorities to resolve probe into fake accounts
Wells Fargo & Co and one of its units will pay $3 billion to resolve criminal and civil probes into years of fraudulent sales practices,...
Factbox: Remaining hurdles for scandal-hit Wells Fargo
Wells Fargo & Co has racked up well over $7 billion in penalties since a sales practices scandal erupted in 2016, and continues to face...
Coronavirus fears, U.S. business data drag down Wall Street
U.S. stocks sold off and the Nasdaq had its worst daily percentage decline in about three weeks on Friday as a spike in new coronavirus...
Stocks slip as coronavirus fears spur safe-haven buying
Global equity markets slumped on Friday as the fast-spreading coronavirus drove investors into safe havens, with gold hitting a fresh seven-year high and the yield...
Federal prosecutors investigating whether Boeing pilot knowingly lied to FAA: NYT
Federal prosecutors investigating Boeing Co are examining whether the U.S. planemaker knowingly misled the Federal Aviation Administration while it was seeking approval for its 737...
U.S. watchdog proposes national standard for disclosing expired debt
The U.S. consumer watchdog on Friday proposed establishing a national standard for how debt collectors must inform borrowers when they cannot be sued for expired...
Deere’s shares hit all-time high on unexpected rise in quarterly profit
Deere & Co’s shares hit an all-time high on Friday after the company reported an unexpected increase in first-quarter profit, but the world’s largest farm...
In next downturn, Fed may opt for quick, strong action
In the next economic downturn, the Federal Reserve and other central banks may need to roll out their big guns sooner and add new bazookas...
Oil slides 1% on renewed fears over toll from coronavirus
Oil prices fell about 1% on Friday on renewed concerns about crude demand being pinched by the economic impact of the coronavirus outbreak, while OPEC...