[ad_1] (Reuters) – Wells Fargo & Co (WFC.N) management signaled on Friday that the bank may struggle to hit expense targets through next year, raising questions about how much a sales scandal is weighing on…

[ad_1] (Reuters) – Bank of America Corp (BAC.N) beat expectations with a 15 percent rise in third-quarter profit on Friday as the second-largest U.S. lender kept a tight leash on costs and benefited from higher…

[ad_1] TOKYO (Reuters) – Crisis-hit Kobe Steel Ltd (5406.T) said on Friday its steel division has also falsely labeled products, the latest in a string of revelations confirming widespread cheating at the firm that has…

[ad_1] WASHINGTON (Reuters) – Republican lawmakers are considering indirect paths to meeting President Donald Trump’s goal of slashing the corporate tax rate to 20 percent, one of the toughest challenges they face in trying to…

[ad_1] (Reuters) – British billionaire Richard Branson on Thursday placed another bet on the future with an investment in Hyperloop One, which is developing super high-speed transportation systems. Hyperloop One said Branson’s Virgin Group would…

[ad_1] HONG KONG/TOKYO (Reuters) – Bain Capital is planning on further ramping up its dealmaking in Japan after it came out on top in the recent battle to purchase Toshiba’s semiconductors arm and as it…

[ad_1] NEW YORK (Reuters) – UBS Group AG (UBSG.S) will hire fewer trainees in 2018 but spend two to three times more on teaching them to be financial advisers, a senior executive said, in the…

[ad_1] (Reuters) – Coach Inc (COH.N) will change its corporate name to Tapestry Inc, it said on Wednesday, as it creates a broader umbrella for its high-end brands without diluting the iconic name known mainly…

[ad_1] SYDNEY (Reuters) – Asian shares jumped to the highest in a decade on Wednesday as Wall Street scaled all-time highs, while the dollar loitered around two-week lows on worries President Donald Trump’s tax plan…

[ad_1] (Reuters) – Wal-Mart Stores Inc (WMT.N) on Tuesday forecast a 40 percent rise in U.S. online sales next year as it ramps up competition with Amazon.com Inc (AMZN.O), boosting shares of world’s biggest brick-and-mortar…

[ad_1] MILAN/BRUSSELS (Reuters) – Italian toll-road group Atlantia’s 17 billion-euro ($20 billion) bid for Spain’s Abertis (ABE.MC) is set to win EU approval, sources said on Tuesday, clearing another hurdle to getting the long-awaited deal…

[ad_1] TOKYO (Reuters) – Investors looked set to bail out of Kobe Steel Ltd on Tuesday, after Japan’s third-biggest steelmaker revealed it had fabricated data to show its products met customer specifications in the latest…

[ad_1] WASHINGTON (Reuters) – Google has discovered Russian operatives spent tens of thousands of dollars on ads on its YouTube, Gmail and Google Search products in an effort to meddle in the 2016 U.S. presidential…

[ad_1] (Reuters) – Wal-Mart Stores Inc said on Monday it was launching a process to speed up returns of items bought on its website, in time for the busy holiday season, as it looks to…

[ad_1] SYDNEY (Reuters) – Chinese shares climbed on Monday after a week-long break as a disappointing survey on the country’s service sector did little to dent optimism on global growth, while political uncertainty caused turbulence…

[ad_1] BERLIN (Reuters) – Talks between the insolvent carrier Air Berlin (AB1.DE) and easyJet (EZJ.L) over the sale of up to 30 planes are at risk of falling apart, according to a report in Germany’s…

[ad_1] NEW DELHI (Reuters) – The Organization of the Petroleum Exporting Countries and major producing nations may take “some extraordinary measures” next year to rebalance the oil market, OPEC Secretary General Mohammad Sanusi Barkindo said…

[ad_1] MONTREAL (Reuters) – The Federal Reserve must respond to “very tight” U.S. labor markets by gradually raising interest rates or risk halting the economic recovery, a hawkish Fed official said on Saturday. In prepared…

[ad_1] ZURICH (Reuters) – Zurich Insurance (ZURN.S) will have cut costs by $700 million by the end of the year, nearly halfway to its goal to save $1.5 billion by 2019, Chief Executive Mario Greco…

[ad_1] (Reuters) – Tesla Inc (TSLA.O) Chief Executive Elon Musk on Friday pushed back the unveiling of the company’s big rig truck until mid-November, tweeting that the electric vehicle maker was diverting resources to fix…

[ad_1] WASHINGTON (Reuters) – The U.S. Commerce Department on Friday notched up proposed trade duties on Bombardier Inc CSeries jets to nearly 300 percent, affirming Boeing Co’s complaint that the Canadian company received illegal subsidies…

[ad_1] NEW YORK (Reuters) – The S&P 500 eased on Friday, ending a six-day run of record highs as the first monthly decline in U.S. nonfarm jobs in seven years dampened sentiment and pharmacy shares…

[ad_1] WASHINGTON (Reuters) – U.S. employment fell in September for the first time in seven years as Hurricanes Harvey and Irma left displaced workers temporarily unemployed and delayed hiring, the latest indication that the storms…

[ad_1] TOKYO (Reuters) – Asian stocks rose on Friday and the dollar hit a seven-week peak, riding on economic optimism ahead of a U.S. job report later in the day. Spreadbetters expected Britain’s FTSE .FTSE…

[ad_1] NEW YORK (Reuters) – Bombardier Inc’s aerospace business spent $2.4 billion in the United States last year, tapping more than 800 suppliers in all but three U.S. states, according to a confidential Bombardier report…

[ad_1] LONDON/FRANKFURT (Reuters) – Some of the globe’s biggest banks have decided to rent more office space in Frankfurt, bolstering Germany’s financial hub after months of divorce talks between Britain and the EU have left…

[ad_1] TOKYO (Reuters) – Asian shares were a tad firmer on Thursday, taking their cues from strong U.S. data although holiday-thinned trade and uncertainty about the impact of recent hurricanes on the U.S. economy are…

[ad_1] NEW YORK (Reuters) – U.S. stocks edged up to extend their run of record closing highs on Wednesday as data on the services sector added to signs of strength in the economy and prospects…

[ad_1] (Reuters) – Wall Street looked set to open lower on Wednesday as investors likely booked profit following two straight days of record highs for the three major indexes and ahead of a raft of…

[ad_1] SYDNEY (Reuters) – Japanese and Hong Kong share markets led Asian stocks higher on Wednesday, with the Chinese central bank’s weekend move to free up more liquidity boosting sentiment as the world’s second-largest economy…