RBS to close 158 branches due to dramatic online shift
(Reuters) – State-backed Royal Bank of Scotland said on Thursday it planned to close more than 150 bank branches in Britain and 770 roles are at risk in the latest round of cuts and closures at the lender.
Credit Suisse considers stock sale over Swiss IPO: sources
FRANKFURT/LONDON/ZURICH (Reuters) – Credit Suisse is considering a quickfire share sale rather than pursuing a separate listing for its Swiss banking division, two sources close to the matter told Reuters, in a move that could raise 3 billion Swiss fr…
Disney board extends CEO Iger’s contract by one year
LOS ANGELES (Reuters) – Walt Disney Co’s board extended the term of Chairman and Chief Executive Officer Bob Iger by one year as it continues searching for a successor to a long-serving leader who is popular on Wall Street, the company said on Thursda…
U.S. new home sales surge to seven-month high in February
sales jumped to a seven-month high in February, suggesting the
Wall Street down; lawmakers delay vote on Trump healthcare bill
(Reuters) – Wall Street declined on Thursday after lawmakers delayed a vote on a healthcare bill seen as President Donald Trump’s first policy test.
Higher investments, sales drop to weigh on Ford first-quarter earnings
DETROIT (Reuters) – Ford Motor Co said on Thursday it expects lower earnings per share in the first quarter and lower pretax profit in 2017 due to higher spending on commodities, warranties and investments and a drop in sales volumes especially fleet …
J&J, JPMorgan suspend YouTube ads over offensive videos
(Reuters) – U.S. healthcare conglomerate Johnson & Johnson and JPMorgan Chase & Co became the latest big U.S. companies to suspend all digital advertising on Google’s YouTube, over concerns that its ads may have appeared on channels that broadcast offensive videos.
Fed’s Yellen does not comment on monetary policy
WASHINGTON (Reuters) – Federal Reserve Chair Janet Yellen did not address monetary policy or the economic outlook in prepared remarks for a childhood education conference in Washington on Thursday.
New home sales hit seven-month high; jobless claims rise
WASHINGTON (Reuters) – New U.S. single-family home sales jumped to a seven-month high in February, suggesting the housing market recovery was gaining momentum despite higher prices and rising mortgage rates.
Shell reluctant to part with California refinery amid asset sale
NEW YORK (Reuters) – Royal Dutch Shell is in talks with several potential buyers for its refinery outside of San Francisco, but the Anglo-Dutch oil giant is reluctant to part with its last asset in California, three people familiar with the process sa…
