October 12, 2018

Exclusive: Sears aims to close up to 150 stores in bankruptcy – sources

Sears Holdings Corp is planning to close up to 150 of its department and discount stores and keep at least another 300 open as part of […]
October 12, 2018

Exclusive: Key EU lawmaker’s plan to rein in online marketplaces a threat to Amazon

Amazon could face a threat other than just EU antitrust scrutiny after a key EU lawmaker announced proposals aimed at curbing online marketplaces’ use of merchants’ […]
October 12, 2018

Facebook says attackers stole details from 29 million users

Facebook Inc said on Friday that attackers in the mass security breach it announced late last month accessed the accounts of about 30 million people in […]
October 12, 2018

JPMorgan’s consumer banking strength offsets bond trading weakness

JPMorgan Chase & Co reported a better-than-expected quarterly profit on Friday as gains from higher interest rates and growth in loans helped the bank offset weakness […]
October 12, 2018

Citigroup profit beats on higher bond trading, lower costs

Citigroup Inc reported a better-than-expected quarterly profit on Friday, helped by lower expenses, higher bond trading revenue and strength in its consumer banking business in Mexico. […]
October 12, 2018

Resurgent shares still set for biggest weekly loss since Feb

Shares worldwide were set for their biggest daily gains in nearly a month on Friday as European and Asian markets recovered from a days-long sell-off that […]
October 12, 2018

JPMorgan profit boosted by higher interest rates

JPMorgan Chase & Co reported higher-than-expected quarterly profit on Friday as gains from higher interest rates and a growth in loans helped the bank offset weakness […]
October 12, 2018

SoftBank picks Nomura, Goldman, three others to lead mobile unit’s IPO: source

SoftBank Group Corp has chosen five investment banks, including units of Nomura Holdings Inc and Goldman Sachs, as lead underwriters for the mammoth initial public offering […]
October 12, 2018

A tech boom in Pittsburgh brings hope and angst

The city of Pittsburgh, the one-time steel capital that’s long been a symbol of Rust-Belt decline, is emerging as a vibrant hub for artificial intelligence, robotics […]
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