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Deutsche Bank shares rise 4% after settlement of bulk of claims in long-running Postbank suit
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The Wall Street Journal - World
Norges Bank Could Surprise Markets With Hawkish Rate Path
The Norges Bank should keep rates steady at 4.5% next week, but the market could be in for a “hawkish surprise” with the central bank’s expectations for future rate moves, says Handelsbanken’s ...25 minutes ago -
Inc. - Business
As Tensions Rise, China Profits Drop for U.S. Companies
The American Chamber of Commerce in Shanghai reports only two-thirds of American busiensses operating in China were profitable in 2023.46 minutes ago - China -
MarketWatch - Business
Largest U.S. banks will catch a break from Fed’s capital rule changes, KBW says
Here’s what the refreshed Basel III endgame proposals would mean for JPMorgan Chase, Goldman Sachs, Morgan Stanley, among others.1 hour ago -
The New York Times - Business
Navient Reaches $120 Million Student Loan Settlement With Consumer Watchdog
The company has been banned from servicing federal student loans and must pay $100 million to harmed borrowers, as well as a $20 million penalty.1 hour ago -
CBS Sports - Sports
Ex-Bucks player Junior Bridgeman to buy 10% ownership stake in his former franchise, per report
Bridgeman played 10 seasons for Milwaukee and had his No. 2 jersey retired1 hour ago -
The Wall Street Journal - World
DSV Takes Lead in Bidding for Deutsche Bahn's DB Schenker
The combination would create the world’s largest freight forwarder.1 hour ago -
NBC News - Top stories
Turkey investigates the killing of Turkish-American activist in West Bank
Turkey has opened an investigation into the death of a Turkish-American activist Aysenur Ezgi Eygi.2 hours ago - Turkey -
MarketWatch - Business
Navient will pay $100 million to student-loan borrowers in landmark settlement. Here’s how you’ll get your cut.
The settlement resolves a lawsuit filed by the Consumer Financial Protection Bureau in 2017, which claimed the company led borrowers astray.2 hours ago -
The Guardian - World
IDF investigates claim Jewish Chronicle published stories based on ‘fabricated intelligence’
Israeli military launches inquiry into claims that stories may have been planted as part of disinformation campaign. The Israel Defense Forces have launched an investigation into claims in the ...3 hours ago -
The Wall Street Journal - Business
Dow Shares Retreat on Weak Forecast for 3Q
Dow said its third-quarter results are expected to come in lower after an unplanned event in late July at an ethylene cracker in Texas.3 hours ago
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CNBC - Business
Microsoft hires former GE CFO Carolina Dybeck Happe as new operating chief
Carolina Dybeck Happe is joining Microsoft's top leadership ranks after helping GE to bring its aviation and energy businesses public.56 minutes ago - Microsoft -
CNBC - Business
Ajit Jain, Buffett's insurance leader for nearly 40 years, dumps more than half of Berkshire stake
The 73-year-old vice chairman of insurance operations sold 200 Berkshire Class A shares on Monday for roughly $139 million.2 hours ago -
CNBC - Business
NYPD Commissioner Edward Caban resigns amid federal nightclub probe, memo says
The development comes days after News 4 reported the Internal Revenue Service's Criminal Investigation division had joined the U.S. Attorney's Office for the Southern District of New York in the ...10 minutes ago -
CNBC - Business
Flights are getting more expensive again as airlines scale back their growth plans
Flight prices are on the rise, according to the latest inflation report.40 minutes ago -
CNBC - Business
Microsoft to cut 650 jobs at its Xbox gaming unit — read the full memo from top exec Phil Spencer
Microsoft said Thursday that it is cutting 650 roles at its Xbox gaming division, in the latest major round of layoffs to hit the video game industry.1 hour ago - Microsoft