Buffett’s Berkshire helps bankroll Occidental’s $38 billion bid for Anadarko –...

Warren Buffett's Berkshire Hathaway Inc committed $10 billion on Tuesday to Occidental Petroleum Corp's $38 billion cash-and-stock bid for Anadarko Petroleum Corp, boosting its chances of snatching a deal from Chevron Corp.

New York Digital Investment Group Granted BitLicense

New York's Department of Financial Services (DFS) has granted a BitLicense to the New York Digital Investment Group (NYDIG), allowing it to offer crypto-related services in the state.

Bank of America Commits $300 Billion by 2030 to Low-Carbon, Sustainable...

Bank of America announces it will mobilize an additional $300 billion in capital by 2030 through its Environmental Business Initiative. This third com

Wells Fargo To Pay $575 Mln Fine To US States Over...

Banking giant Wells Fargo agreed to pay $575 million to settle state-level claims for deceiving consumers. The third largest bank admitted that it systematically scammed its customers for 15 years, from 2002 to 2017.

Accenture Chairman & CEO Pierre Nanterme Steps Down for Health Reasons;...

Accenture announced that effective immediately, Chairman and CEO Pierre Nanterme has stepped down for health reasons.

Deutsche Bank plans cuts in U.S. equities, prime unit: sources –...

Deutsche Bank is planning cuts at its U.S. equities business, including prime brokerage and equity derivatives, to win over shareholders unhappy about its performance, four sources familiar with the matter told Reuters.

Western Union Announces Sale of Speedpay U.S. Domestic Bill Pay Business...

The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement, and ACI Worldwide (NASDAQ: ACIW), a leading glob

Citi To Begin Offering Direct Custody & Clearing Services To Clients...

Citi (C) said that it will begin offering Direct Custody & Clearing or DCC services to clients in Norway, starting mid-November. The new offering expands Citi's proprietary DCC network to over 60 markets globally including 37 markets across Europe, the Middle East and Africa or EMEA.

Dropbox Announces Fiscal 2018 Third Quarter Results | Business Wire

Dropbox, Inc. (NASDAQ: DBX), a leading global collaboration platform, today announced financial results for its third fiscal quarter ended September 3

$9 trillion corporate debt bomb is ‘bubbling’ in the US economy

At first glance, it looks like a $9 trillion time bomb is ready to detonate, a corporate debt load that has escalated thanks to easy borrowing terms and a seemingly endless thirst from investors. On Wall Street, though, hopes are fairly high that it's a manageable problem, at least for the next year or two.