Disagreement emerged on Sunday over the re-listing of an electronic stock exchange that suffered a high-profile crash last week, a breakdown that forced it to unwind its initial public offering of shares.
Because of serious glitches in equity-market trading operations on Friday, Bats Global Markets Inc. announced it has scuttled its planned initial public offering, which had been scheduled to close on March 28.
The U.S.'s No. 4 cell phone service T-Mobile USA, Inc. said Thursday it plans to cut about 1,900 jobs and close seven customer service call centers as it undergoes restructuring after a proposed purchase by AT&T was nixed by regulators.
Senior managers at a major corporate credit union seized last month were preparing to report a credit loss significantly below what an external analysis had revealed, the U.S. regulator of credit unions said on Friday.