JPMorgan is reshuffling senior management at the top of its investment bank, naming two new global co-heads and shifting some of its most senior dealmakers into new jobs focused purely on bringing in business, two sources told Reuters.
JPMorgan has shifted some of its top dealmakers to a newly-created executive committee of global chairs of investment banking to deepen ties with major clients and mentor the next generation of star bankers, two sources told Reuters.
DuPont has brought back management veteran Edward Breen as its chief executive officer, in a move that the industrial materials maker is hoping will help lift sluggish sales since its split from DowDuPont Inc.
As Wall Street approaches the 20th anniversary of the piercing of the dot-com bubble, today's decade-old rally led by a few small players shows some similarities that cautious investors are keeping an eye on.
U.S. stock index futures dropped on Tuesday as investors returned from a long weekend to a sales warning from Apple Inc that highlighted the impact of the coronavirus outbreak on global supply chains.
"I am surprised it's not down more because it's not just supply, it's demand," the "Mad Money" host said.
Morgan Stanley's most optimistic scenario would mean that the Tesla rally continues, with shares climbing another 50%.
Half of all adults currently own unredeemed gift cards or store credits amounting to $167, on average. Here's how to make the most of that money.
Jaguar Land Rover has enough parts from China to maintain its British production for the next two weeks but not beyond that at the moment, Chief Executive Ralf Speth said on Tuesday.
Shares of Apple Inc dragged down Wall Street's main indexes at the open on Tuesday, after a surprise sales warning from the iPhone maker fanned worries about the impact of the coronavirus outbreak in China on global supply chains.
Vodafone and Telekom Italia offered to give rivals access to some of their infrastructure for up to nine years to allay EU antitrust concerns over their plan to create Italy's largest mobile tower company, according to a document seen by Reuters.
Walmart Inc expects online sales growth to slow this year after posting lower-than-expected holiday quarter results, revealing the pressure traditional retailers are facing to keep pace with consumers who are increasingly shopping online.
Shares of Apple Inc fell 2 % on Tuesday and dragged the stocks of its suppliers across the globe lower, after the iPhone maker warned of lower sales in the current quarter acknowledging that the coronavirus outbreak was pressuring its supply chain.
World stocks markets were knocked off record highs on Tuesday as two of the world’s mega companies and Europe's largest economy, Germany, reported damage from the coronavirus outbreak.
Technology stocks dragged down Wall Street on Tuesday after a surprise sales warning from bellwether Apple fanned worries about the impact of the coronavirus outbreak on global supply chains.