The thaw between EBay Inc. and investor Carl Icahn began a month ago over dinner at the activist’s New York City apartment.
The Canadian dollar’s best rally in 2 1/2 years will run out of steam before the currency revisits its high for 2014, the nation’s biggest lender predicts.
The Heartbleed Web-security flaw has been found in the hardware connecting homes and businesses to the Internet, underscoring the amount of time and effort that will be needed to defuse the threat.
In a victory for banks, global financial regulators backed away from earlier guidelines that the firms had warned would destabilize the $693 trillion derivatives market.
The U.S. is resuming its role as an engine of global growth, this time one that just putt-putts along instead of purring.
Asian borrowers sold the most dollar-denominated bonds since January this week as U.S. demand for the region’s sovereign debt boosted issuance.
AIA Group Ltd., the second-largest Asia-based insurer by market value, rose in Hong Kong trading after its first-quarter value of new business growth beat analysts’ estimates.
Bank of America Corp. shouldn’t win dismissal of claims under the Financial Institutions Reform, Recovery, and Enforcement Act that it misled investors about the quality of $850 million in mortgage-backed securities, the Justice Department said.
AIA Group Ltd., the second-largest Asia-based insurer by market value, said the value of new business rose 22 percent in the first quarter, beating analysts’ estimates.
When JPMorgan Chase & Co. set out to sell its powerhouse commodities unit, the group’s boss, Blythe Masters, made it clear that she wanted to go along with the business and continue as its chief.
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Mayo Says Dimon’s Error Was Trusting Government
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