Business

Bank of America (BAC.N) reported a higher-than-expected jump in quarterly profit as bond trading surged and the lender earned more from advising on debt and equity offerings and deals. Wall Street banks have been vitalized by increased market activity prompted...

Goldman Sachs Group Inc (GS.N) reported earnings that missed Wall Street expectations on Tuesday as weak trading revenue outweighed gains in other areas, sending its shares down nearly 3 percent in premarket trading. The fifth-largest U.S. bank by assets generated...

U.S. Vice President Mike Pence on Tuesday put Japan on notice that Washington wants results "in the near future" from talks it hopes will open markets to U.S. goods, adding that the dialogue could lead to negotiations on a...

Japan's Toshiba Corp is likely to win creditors' approval for offering its prized memory chip business stake as collateral for new loans and loan commitments worth around 1 trillion yen ($9.2 billion), sources briefed about the matter said on...

Uber's popular ride-sharing network has repeatedly failed to promptly suspend and investigate its California drivers when passengers report them driving drunk, state regulators charged in an enforcement action, recommending $1.13 million in fines. The consumer protection arm of the California...

U.S. job openings rose to a seven-month high in February while the pace of hiring slipped, pointing to a growing skills mismatch and a further tightening of labor market conditions. Job openings, a measure of labor demand, increased 118,000 to...

Dialog Semiconductor (DLGS.DE) risks losing a crucial supply deal with Apple Inc (AAPL.O), according to a financial analyst who cut his rating on the stock on Tuesday, sending the Anglo-German chipmaker's shares down by as much as one-third. Bankhaus Lampe...

OPEC states cut oil output in March by more than they pledged under supply curbs, according to figures the exporter group uses to monitor its supply, extending a record of higher-than-expected adherence to its first production cut in eight...

Barclays' (BARC.L) plan to sell its African business and pull out of the continent are being hindered by South Africa's political upheaval and credit-rating downgrades, according to banking sources and fund managers. The British bank gave itself 2-3 years to...

President Donald Trump told a group of chief executives on Tuesday that his administration was reducing regulations and revamping the Wall Street reform law known as Dodd-Frank, which might be eliminated and replaced with "something else." "We're going to reduce...