Author: Reuters

(Reuters) – Wells Fargo is poised to eliminate a number of its smaller businesses, the company’s chief financial officer said in an article published Sunday. Powered by...

LONDON/FRANKFURT (Reuters) – Buyout group Carlyle has agreed to buy airfield lighting group ADB Safegate at a valuation of about 900 million euros ($1 billion) including debt, sources familiar with the matter said. Powered...

(Reuters) – U.S. stocks edged higher in late morning trading on Friday as weak economic data dimmed chances of another rate hike this year, while tepid forecasts by JPMorgan and Wells Fargo limited gains. Powered by...

WASHINGTON/NEW YORK (Reuters) – The top Democrat on the U.S. House of Representatives’ antitrust subcommittee has voiced concerns about Amazon.com Inc’s $13.7 billion plan to buy Whole Foods Market Inc and is...

NEW YORK (Reuters) – U.S. banks are starting to see some long-awaited benefits of higher interest rates, with four of the largest lenders beating analysts’ quarterly profit expectations on Friday by raising loan...