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U.S. probes Deutsche Bank's dealings with Malaysia's 1MDB: Wall Street Journal

The U.S. Justice Department is investigating whether Deutsche Bank AG violated foreign corruption or anti-money-laundering laws in its work for state fund 1Malaysia Development Berhad (1MDB), the Wall Street Journal said on Wednesday.



5 years ago

Snap shares climb as Bank of America sees improved revenue after viral 'gender-face-swap' filter

Shares of Snapchat parent company Snap rose in premarket trading on Thursday after Bank of America said a recent spike in app downloads will drive better revenue.

5 years ago

Reckitt to pay $1.4 billion to end opioid addiction treatment probes

Reckitt Benckiser has agreed to pay up to $1.4 billion to end U.S. federal investigations into the marketing of an opioid addiction treatment by its former business Indivior, lifting a cloud that has been hanging over the British company for years.



5 years ago

Delta Air quarterly profit surges 39% on higher fares

Delta Air Lines Inc reported a 39.3% rise in quarterly profit on Thursday, as the second-largest U.S. carrier benefited from higher fares and flying fuller planes.



5 years ago

Futures higher after rally on Powell's dovish remarks

U.S. stock futures advanced on Thursday, a day after Wall Street's main indexes touched new highs after dovish comments from Federal Reserve chairman Jerome Powell cemented the case for an interest rate cut this month.



5 years ago

Delta CEO sees 'marginal benefit' as competitors grapple with Boeing MAX grounding

Delta Air Lines Inc sees the momentum behind 6.5% quarterly revenue growth continuing throughout the year, Chief Executive Ed Bastian said, citing strong domestic demand that led the No. 2 U.S. carrier to lift its full-year profit forecast.



5 years ago
5 years ago

Fiat bets on electric '500' as it moves on from Renault

Fiat Chrysler plans to invest 700 million euros ($788 million) in an electric makeover of its iconic Fiat 500, a top executive said on Thursday, as the automaker seeks to move on from its failed bid to merge with France's Renault .



5 years ago

Futures pare gains after inflation data

U.S. stock index futures pared gains on Thursday after U.S. underlying consumer prices increased by the most in nearly 1-1/2 years in June, dimming hopes for an aggressive interest cut by the Federal Reserve this month.



5 years ago

Indivior says Reckitt settlement in U.S. unrelated to its cases

Drugmaker Indivior Plc said on Thursday its former parent Reckitt Benckiser's $1.4 billion settlement with authorities in the United States was separate to its ongoing legal proceedings.



5 years ago

Europe stocks rally wanes on trade woes, earnings jitters

Europe's early stocks rally faded and global bond yields rose after jitters over corporate earnings and trade doused an early rally fueled by enthusiasm over Federal Reserve Chairman Jerome Powell cementing rate cut expectations.



5 years ago

Five places abroad you can retire with just $30,000 a year

Here are some bargain places to retire.

5 years ago

A giant manufacturer just gave a glimpse into this earnings season as it tanks on tariff costs

For those who don't see China trade war hurting U.S. business, a $17 billion industrial distributor just sounded alarms on tariffs costs and related inflation.

5 years ago

This blind spot is putting financial advisors and their clients at risk

Knock, knock. The Securities and Exchange Commission has some questions about your firm's cybersecurity policies and procedures. Here's how to prepare.

5 years ago

Guilt-free shopping: These eight things are worth the extra money

There are times when it pays to spend more money on certain items, instead of going for the cheapest option, experts say.

5 years ago