Financial Services
Deutsche Bank will cut 3,500 jobs even as it records $4.5 billion profit last year
Deutsche Bank says it would cut 3,500 jobs as part of efforts to slash costs by about $2.7 billion through next year
PGA Tour strikes $3 billion deal with Fenway-led investment group. Players to get equity ownership
The PGA Tour is getting a $3 billion investment from Strategic Sports Group
Order to liquidate property giant China Evergrande is just one step in fixing China's debt crisis
A Hong Kong court's order to liquidate the world’s most heavily indebted real estate developer is only a tentative step toward resolving a debt crisis that is haunting financial markets and dragging on the Chinese economy
China doubles down on moves to mend its economy and fend off a financial crisis
China's leaders have launched a barrage of new policies to prop up languishing financial markets and rekindle growth in the world's second-largest economy
Humana warns that rising care costs will persist through 2024, surprises Wall Street with forecast
Humana still doesn’t know why more people were admitted for short hospital stays than it expected late last year, and that is casting a shadow over health insurers early in 2024
Stock market today: Asian shares mostly rise, led by gains in Chinese markets following policy moves
Asian shares are mostly higher, with Chinese stocks extending gains after Beijing announced a raft of policies to support sagging markets
European Central Bank leaves key interest rate at a record high as focus turns to timing of cuts
The European Central Bank has kept interest rates unchanged
Stock market today: Asian shares are mixed, led by gains in Chinese markets following policy moves
Asian shares are mostly higher, with Chinese stocks extending gains after Beijing announced a raft of policies to support sagging markets
Macy's rejects $5.8B takeover bid from Arkhouse Management, Brigade Capital Management
Macy’s rejected a $5.8 billion takeover offer from investment firms Arkhouse Management and Brigade Capital Management, saying they didn’t provide a viable financing plan
Stock market today: Wall Street claws back some of its losses from earlier in the week
Wall Street is holding steadier as yields stabilize in the bond market following a jump earlier in the week