Goldman CEO memo calls Apple Card ‘a beginning’ on launch day
Goldman Sachs Group Inc officially became a credit-card lender on Tuesday by rolling out its first product with Apple Inc , but the bank has aspirations to grow much bigger in consumer lending, its chief executive said in an internal memo viewed by Re…
Ex-Republican senator: Facebook has ‘significant work’ to address conservatives’ concerns
A year-long review by a former Republican U.S. senator concludes that Facebook Inc has “significant work to be done to satisfy” concerns on the political right that the social media website is biased against conservatives.
Facebook users to see, control personal data taken from other websites
Facebook Inc said on Tuesday it was tweaking its policies to allow users to see and control the data that other websites and apps share with the social network to improve targeted advertising.
Exclusive: Cigna seeks sale of group benefits insurance business – sources
U.S. health insurer Cigna Corp is exploring a sale of its group benefits insurance business, which could be valued at as much as $6 billion, four people familiar with the matter said on Tuesday.
Safe-havens rise as recession concerns boost hopes for easing
Traditional safe-havens including the Japanese yen and U.S. Treasuries were sought out on Tuesday even as there were signs that more economic stimulus was on its way, as traders focused on concerns over a global deceleration.
Kohl’s cuts 2019 margin forecast on tariffs, first half promotions cost
Kohl’s Corp forecast a steeper decline in full-year profit margin despite better-than-expected quarterly earnings, because of the cost of more aggressive promotions in the first half and potential hit from new tariffs on imports from China.
On Apple Card launch day, Goldman CEO says card is ‘a beginning’: memo
Goldman Sachs Group Inc officially became a credit-card lender on Tuesday by rolling out its first product with Apple Inc , but the bank has aspirations to grow much bigger in consumer lending, its chief executive said in an internal memo viewed by Re…
U.S. regulators finalize changes easing post-crisis ‘Volcker Rule’
Two U.S. banking regulators on Tuesday approved changes easing a rule introduced after the 2007-2009 financial crisis that bans banks from trading on their own account, giving Wall Street one of its biggest wins under the Trump administration.
Wall Street set to snap three-day win streak as financials weigh
U.S. stocks eased on Tuesday after three sessions of strong gains, weighed by declines in financial companies, while better-than-expected results propped up retailer Home Depot.
Disney to take on Netflix as streaming war heats up
The crowded market for video streaming, currently dominated by Netflix Inc, is expected to heat up further as Walt Disney Co rolls out its Disney+ service on Nov. 12 in the United States, Canada and the Netherlands.
