Wells Fargo & Co is overhauling its reporting lines, marking Chief Executive Officer Charles Scharf's first move to stamp out the structure implicated in its fake-account scandal, The Wall Street Journal reported on Tuesday.
The Federal Trade Commission has issued special orders to five big tech companies -- Alphabet's Google , Amazon.com , Apple , Facebook and Microsoft -- to provide information about mergers that were too small to report to antitrust agencies, the agency said on Tuesday.
Lawmakers from German Chancellor Angela Merkel's ruling conservatives have backed a position paper on 5G mobile networks that recommends tougher rules on foreign vendors while stopping short of banning China's Huawei, sources said.
Key U.S. and European stock indexes surged to fresh records on Tuesday after China's senior medical adviser suggested the deadly coronavirus may be over in April, a rosy outlook that helped crude prices to rebound on renewed Chinese demand.
Politico | Victoria Guida | Feb 7, 2020 Fintech companies argue that giving banks a tight grip over the flow of information will allow the big lenders to snuff out new competitors. The nation’s banks are locked in a bitter fight with upstart technology companies over the control of their customers' financial data — and
Wells Fargo & Co Chief Executive Charles Scharf announced his first major reshuffle on Tuesday, promoting several executives to new roles while also tapping a JPMorgan veteran to head consumer lending.
If a job is (or will be) part of your post-65 life, be sure you know the rules for putting off or dropping Medicare due to workplace coverage — and the deadlines you'll face when you go to pick it back up — so you don't have to pay late-enrollment penalties.
PayPal Holdings Inc is teaming up with criminologists and experts at several universities to probe the payment systems used in the trafficking of illegal firearms in the United States, the company said on Tuesday.
The Federal Trade Commission has issued special orders to five big tech companies - Alphabet Inc's Google unit, Amazon.com Inc , Apple Inc , Facebook Inc and Microsoft Corp - to provide information about mergers too small to report to antitrust agencies, the agency said on Tuesday.
Wall Street advanced on Tuesday with the S&P 500 and the Nasdaq on track to score their second consecutive record highs after officials said the deadly coronavirus could be contained by April.
Oil prices edged up from 13-month lows on Tuesday as the number of new coronavirus cases slowed in China, easing some concern over the potential for lengthy oil demand destruction.
Samsung Electronics on Tuesday unveiled a square-shaped foldable smartphone, its second try at a novel technology that the Korean cell phone maker hopes will set it apart from rivals Apple Inc and Huawei.
China's central bank said on Tuesday it has approved an application by Mastercard's China joint venture to conduct bank card clearing operations in the country.
German automakers Volkswagen and Daimler have launched a study to push for more "sustainable" lithium mining in Chile, according to lobbyist filings reviewed by Reuters, a sign of growing supply chain concerns ahead of an expected electric vehicle boom.
Home rentals giant Airbnb Inc swung to a loss for the first nine months of last year as costs climbed sharply, The Wall Street Journal reported https://www.wsj.com/articles/airbnb-swings-to-a-loss-as-costs-climb-ahead-of-ipo-11581443123?mod=searchresults&page=1&pos=1 on Tuesday, citing people close to the company.