The bank, which is fighting a $14 billion DOJ fine, could reportedly scale down its activities in the U.S. market so as to focus more on the needs of German corporate clients overseas.
It was all about the commas in 2015.
Verizon announced that it would be closing 3,200 wireless customer service centers on Thursday, less than five months after 40,000 of its wireline workers launched a massive strike.
The mood soured after data showed Chinese imports in dollar terms contracted in September while exports dropped by a sharper-than-expected 10 percent.
The San Francisco-based bank said Stumpf, 63, was retiring and would be replaced as chief executive by President and Chief Operating Officer Tim Sloan.
According to minutes from a Sept. 20-21 meeting, several voting Fed policymakers judged a rate hike would be warranted "relatively soon" if the U.S. economy continued to strengthen.
Last month, several Senate Democrats called on the SEC to investigate whether the bank misled investors by failing to disclose "widespread fraud."
The British pound jumped back from lows in a volatile trading session, though concerns about a “hard Brexit” are likely to keep the currency under pressure.
Coronado, California, a beach enclave across the bay from San Diego, is considered one of the best places to spend retirement.
Golden Week in China proves to be a golden opportunity for domestic travel and retail.
Americans aren't the only buyers of the iconic muscle car.
As it begins to wrap up a five-year battle between smartphone giants, the Supreme Court may make a decision on patents with major long-term ramifications for the American tech industry.
Oil prices hovered near one-year highs on growing expectations of an output cut by the Organization of Petroleum Exporting Countries.
Theranos, which promised to revolutionize blood testing, was forced to close its labs amid questions about the accuracy of its testing technology.
Founder Avi Katz hopes to have 1,000 outlets in Russia within five years and is eyeing the United Kingdom as his next market.
Shoppers have complained that using chip cards is more time consuming at the check out register, while stores say there have been delays in getting enough chip-reading terminals in stock.
Military budgets and naval defense industry revenue are sky high.
Leaders previously indicated there would be a limit on production.
The ice cream treats were shipped accidentally from its Bakersfield, California, plant.
The replacement phones were supposed to mitigate a fire hazard detected in the first 2.5 million units.
Americans have enjoyed low crude prices for about two years now, but the era may soon be over—for reasons both across the Atlantic and right here in the U.S.
Some highly volatile sectors included manufacturing, which saw average monthly job growth of around -3,000.
Shipments of personal computing devices, including mobile phones, are set to fall for the second consecutive year, Gartner said.
Revenue of the parent company of the popular photo- and video-sharing app is forecast to grow almost three times over the next 12 months.
The pound fell almost 10 percent at one point to $1.1378 before stabilizing around $1.2415, still down 1.5 percent from late U.S. levels.
After months of regulatory scrutiny, Deutsche announced a new phase of its restructuring plan that involves laying off an additional 1 percent of its global workforce.
CEO Elizabeth Holmes announced in a blog post that the health technology company will now concentrate on its miniLab technology.
Google and Walt Disney, widely expected to make acquisition bids alongside Salesforce, are reportedly not in the fray anymore.
The Centers for Medicaid and Medicare said Mylan misclassified its EpiPen as a generic drug so it could avoid pricing protections imposed on brand name drugs.
The workers say they want McDonald's to enforce the zero-tolerance policy outlined in the training manual.
