Financials

Venezuelan government has reported the sanctions against it by the US government to the World Trade Organization, including ones imposed against its controversial cryptocurrency efforts. While describing the sanctions leveled against the country as biased, the country said the US is infringing on Venezuela’s rights under the General Agreement on Tariffs and Trade (GATT) signed...

Citi’s Board of Directors has announced that Chairman Michael O’Neill will retire on January 1, 2019 and the Board has selected John C. Dugan to succeed O’Neill as Chairman on that date.

McKinsey & Co. agreed to pay $15 million to settle the U.S. Justice Department allegations that the consulting firm failed to make required disclosures of potential conflicts in three bankruptcy cases it has advised on in recent years.

Bank of America Corporation today announced an increase to its common stock repurchase program by an additional $2.5 billion in common stock to be rep

Consumer sentiment in the U.S. deteriorated by slightly more than initially estimated in the month of October, the University of Michigan revealed in a report released on Friday.

WASHINGTON — Sales of new U.S. homes slumped 1.7 percent in July, the second straight monthly decline as the broader housing market appears to have lost some of its momentum despite an otherwise so…

Mastercard Inc. is wading into the buy-now, pay-later movement as consumers adopt a more nuanced view of credit purchases.

Tribune Media terminated its merger agreement with rival TV station-owner Sinclair Broadcast Group and sued the company, alleging it failed to make sufficient efforts to get their $3.9 billion deal approved by regulators. Changed.

Press release content from Business Wire. The AP news staff was not involved in its creation.

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.