Deutsche Bank rejects Democrats’ call for Trump finance details
FRANKFURT (Reuters) – Deutsche Bank’s external counsel in Washington, D.C. rejected on Thursday demands by U.S. House Democrats to provide details of President Donald Trump’s finances, citing privacy laws.
RadioShack creditors’ lawsuit says Sprint killed 6,000 jobs
WILMINGTON, Del./BOSTON (Reuters) – Sprint Corp used confidential information from its alliance with RadioShack Corp to open competing mobile phone stores, dooming the comeback by the electronics retailer and destroying jobs, according to a lawsuit fil…
MetLife board approves Brighthouse spinoff, sets effective date
(Reuters) – MetLife Inc on Thursday came a step closer to spinning off its U.S. retail life insurance and annuity business after the company’s board of directors approved the plan, it said on Thursday.
Nike to launch pilot program with Amazon; results top estimates
(Reuters) – Nike Inc , the world’s largest footwear maker, said on Thursday it would launch a pilot program with Amazon.com Inc to sell a limited product assortment on its website.
ANZ says seeking to uncover metals fraudsters after big losses
LONDON/MELBOURNE (Reuters) – Australia and New Zealand Banking Group is seeking to uncover who was behind a metals fraud in Asia that cost it “substantial losses” and led to transfers of $151 million to the United States, according to court papers fil…
Shares of big U.S. banks jump on hefty payout plans
(Reuters) – Shares in the biggest U.S. banks rose on Thursday after they revealed buyback and dividend plans that topped analyst expectations after the Federal Reserve approved capital proposals in its annual stress test program.
Billionaire investor Icahn backs off demand for AIG breakup: source
(Reuters) – Billionaire investor Carl Icahn is backing off his demand to break up insurance giant American International Group Inc , following the company’s sale of assets and hiring of a new chief executive officer, a person familiar with the matter s…
Coca-Cola says reaches agreement with S. African government. on acquisition of local arm
JOHANNESBURG (Reuters) – Drinks giant Coca-Cola said on Thursday it had reached an agreement with the South African government on a package of conditions as it finalizes the purchase of a controlling 54.5 percent stake in its joint Africa venture with…
BP takes $750 million hit for Angola exploration write-off
LONDON (Reuters) – BP will book a $750 million charge for unsuccessful exploration campaigns in Angola, the company said on Thursday, a write-off that will weigh on its second-quarter results.
Blue Apron shares make bland debut
(Reuters) – Blue Apron Holdings Inc’s shares were up about 1 percent in their market debut on Thursday following the meal-kit delivery company’s watered down IPO in the shadow of Amazon.com’s deal to buy Whole Foods Market .
