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.
After hearing arguments in Salman v. United States on Wednesday, SCOTUS hinted that it may reverse several past rulings on insider trading, giving regulators and the SEC new leverage.
Employee referrals make a major difference in the likelihood that you'll get a job, but it's not the only way to increase your chances.
Google, Salesforce and Walt Disney are among the companies said to be interested in acquiring the popular social media platform.
A new Fitch Ratings report named Sears and Claire’s Stores among seven U.S. retailers at risk of bankruptcy in the next two years.
The yuan joins the U.S. dollar, the euro, the yen and British pound in the special drawing rights basket, which determines currencies that countries can receive as part of IMF loans.
The official Purchasing Managers’ Index stood at 50.4 in September, identical with the previous month’s level.
CEO Daniel Och will pay $2.17 million to resolve U.S. probes into the hedge fund’s role in bribing officials in several African countries.
Deutsche Bank shares slumped to a record low after a report that trading clients had withdrawn excess cash and positions held in the largest German lender.
California State Treasurer's Office Wednesday replaced Wells Fargo as the lead underwriter on two bond sales totaling nearly $730 million.
Amid worries in the financial sector, the Dow Jones declined 195.79 points.
Google rebranded its cloud offerings and is trying to show business it is serious about the future of cloud computing.
Bankers fear not only that the new rules on pay will be tightened as a result of the furor at Wells Fargo but also that boards will go beyond them to avoid a political backlash.
YouTube has been accused of building itself on the back of free, stolen copyright material.
The suit alleges Ford knew the system was defective before it delivered vehicles with it.
UberEATS is set to launch Thursday in central Tokyo. The service will soon hit several other cities in Japan, the company announced Wednesday.
TheDarkOverlord said it released some of the hacked files because WestPark Capital's CEO rebuffed a ransom demand.
Former retail banking head Carrie Tolstedt has left the company, will get no severance and has forfeited unvested equity awards worth about $19 million.
More people were interested in what presidential candidates Donald Trump and Hillary Clinton had to say than "Monday Night Football."
While Donald Trump and Hillary Clinton largely avoided criticizing Wall Street during their first debate, Bernie Sanders stepped in to give his two cents.
The Chinese conglomerate is looking to bid $1 billion for the U.S. company, reports said.
Wells Fargo was ordered to pay $190 million earlier this month over allegations its employees set up unauthorised accounts and credit cards in customers' names.
"If you want to know who won the presidential debate, don't go to Twitter or Facebook. Just look at the dollar/Mexico peso," said an analyst.
Politicians and Olympians also make the lists of top costumes for Halloween.
Independent voters hold a more negative view of the state of the economy.