Credit Suisse Group AG is splitting its international wealth-management unit into seven regions from four, in an ongoing push by Chief Executive Officer Tidjane Thiam to regionalize the bank, Bloomberg reported on Monday, citing people briefed on the matter.
Major Tesla Inc shareholder, Fidelity Investments, cut its stake in the electric automaker by 21 percent during the second quarter, before Chief Executive Elon Musk announced his plan to take the company private earlier this month.
Elon Musk wants to take Tesla Inc private, but some of his big investors may not be able to follow.
Citigroup Inc restructured its consumer bank on Monday, elevating one executive and triggering the departure of another, as the third-biggest U.S. bank moved to improve results.
Lockheed Martin Corp has been awarded a $480 million U.S. defense contract for air-launched rapid response weapon critical design review and test and production readiness support, the Pentagon said on Monday.
White House economic adviser Kevin Hassett said on Monday the Trump administration is monitoring the financial situation in Turkey "very closely" after the Turkish currency fell to a record low against the U.S. dollar on Monday.
U.S. stocks dropped as global jitters on Turkey's plummeting currency spread to Wall Street, but losses on the Nasdaq were limited by high-flying tech stocks. Roselle Chen reports.
U.S. stocks dropped on Monday as global jitters from Turkey's plummeting currency spread to Wall Street, with the S&P 500 and the Dow falling for the fourth session in a row.
WPP is set to move out of its central London headquarters after 30 years, in another break with the past following the departure in April of founder and CEO Martin Sorrell from the world's largest advertising company.
U.S. bank shares fell for a third straight session on Monday as investor appetite for risk weakened on worries that a currency crisis in Turkey would spread to other countries.
U.S. economic growth will probably accelerate this year before slowing in 2019 to well below the Trump administration's 3 percent target as a fiscal stimulus fades, congressional researchers projected on Monday.
The Lira crisis won't affect U.S. investor, and it will be short-lived. says Oliver Pursche, chief market strategist at Bruderman Brothers. Aleksandra Michalska reports.
Elon Musk on Monday explained what he meant by tweeting "funding secured" to take Tesla Inc private: he is confident a deal can be done but has not yet finalized a plan.
Short sellers betting against Tesla Inc trimmed their exposure to the electric car maker's stock on Monday after Chief Executive Elon Musk gave new information about his proposal to take the company private.
VF Corp , one of the world's biggest apparel makers, will spin off Lee and Wrangler jeans into a separate public company, it said on Monday, allowing it to focus on its more profitable Vans sneakers and The North Face outerwear businesses.
Harley Davidson skidding on the stock market Monday after President Donald Trump backed boycotting the American motorcycle maker.