U.S. bank regulator finalizes new community lending rule
A U.S. banking regulator announced on Wednesday it had finalized work on a long-running effort to change community lending standards for banks....
Northern Trust shutting fund in latest prime money market stress
Northern Trust Corp said it will liquidate a $1.8 billion prime money market fund, one of a number to come under stress this year as...
U.S. Senator Rubio sees consensus for extending paycheck loan program
There appears to be agreement in Washington to give companies more time to utilize their coronavirus aid under the Paycheck Protection Program, the head of...
Unions say Ryanair exaggerating COVID threat to undermine conditions
Several Ryanair trade unions say they will resist an attempt to cut pay and conditions for a five-year period, citing management promises of a swift...
U.S. arrests two men wanted by Japan over former Nissan boss Carlos Ghosn’s escape
U.S. authorities on Wednesday arrested a former special forces soldier and another man wanted by Japan on charges that they enabled the escape of former...
Nestle to build new plant-based food facility in China under $100 million investment plan
Food giant Nestle said on Wednesday it would spend 100 million swiss francs ($103.58 million) on expanding its manufacturing footprint in China to include a...
Luckin Coffee shares crash on delisting risk
Shares in Luckin Coffee Inc slumped almost 40% to a record low in premarket trade on Wednesday, as they resumed trading after more than a...
Harley plans to ship fewer models to U.S. dealers: WSJ
Harley-Davidson Inc is reopening its factories this week at lower production rates and sending dealers a narrower range of motorcycles, the Wall Street Journal reported...
JetBlue, United Airlines take more steps to counter coronavirus spread
JetBlue Airways Corp and United Airlines Holdings Inc announced fresh safety measures on Wednesday aimed at restoring confidence in travel that has been crushed by...
German court ends diesel case against Volkswagen CEO, Chairman
A German court said on Wednesday it was ending proceedings against the chairman and chief executive of Volkswagen AG after the carmaker agreed to pay...