Exclusive: Deutsche Bank braced for continued Fed restrictions on U.S. business – sources
Deutsche Bank AG executives expect U.S. regulators to continue to impose restrictions on its Wall Street investment bank even if it passes an annual health...
Rate-cut euphoria elevates S&P 500 to record high
The S&P 500 index touched a record high on Thursday, driven Wall Street’s expectations that the Federal Reserve will cut interest rates as soon as...
Sparkly unicorn ice cream: Kroger’s bid to win grocery wars
Kroger Co has room to improve on sales and is looking to its Deluxe Unicorn Swirl ice cream and other store-brand products to boost growth,...
Slack stock surges at debut, values company at more than $25 billion
Shares of Slack Technologies Inc, the fast-growing workplace messaging and communication platform, soared nearly 60% in their public trading debut on Thursday, valuing the company...
Apple, Keurig Dr Pepper, Dollar Tree press U.S. to drop China tariff plan
Apple Inc, Keurig Dr Pepper Inc and Dollar Tree Inc have joined other companies in their opposition to a Trump administration plan for more U.S....
Airbus demands chance to bid for IAG’s surprise Boeing 737 MAX order
Airbus called on Thursday for a chance to compete for a blockbuster plane order by British Airways owner IAG, which stunned industry executives at this...
Oil jumps 5% on Iran tension, potential U.S. fed rate cut
Oil soared more than 5% higher on Thursday after Iran shot down a U.S. military drone, raising fears of a military confrontation between Tehran and...
Homestreet defeats activist roaring blue lion in proxy contest: source
HomeStreet Inc. defeated Roaring Blue Lion Capital Management’s campaign to unseat one director and install its own candidate, ending a two-year standoff between the financial...
Slack starts trade with surge, valued at more than $23 billion
The initial public offering of Slack Technologies Inc, the fast-growing workplace messaging and communication platform, opened at a price of $38.50 per share, valuing it...
Explainer: U.S.-China trade talks – where they are and what’s at stake
U.S. President Donald Trump and Chinese President Xi Jinping agreed this week to meet at the G20 summit in Japan in late June to discuss...