Politico | Victoria Guida | Feb 7, 2020 Fintech companies argue that giving banks a tight grip over the flow of information will allow the big lenders to snuff out new competitors. The nation’s banks are locked in a bitter fight with upstart technology companies over the control of their customers' financial data — and
Key U.S. and European stock indexes surged to fresh records on Tuesday after China's senior medical adviser suggested the deadly coronavirus may be over in April, a rosy outlook that helped crude prices to rebound on renewed Chinese demand.
Lawmakers from German Chancellor Angela Merkel's ruling conservatives have backed a position paper on 5G mobile networks that recommends tougher rules on foreign vendors while stopping short of banning China's Huawei, sources said.
The Federal Trade Commission has issued special orders to five big tech companies -- Alphabet's Google , Amazon.com , Apple , Facebook and Microsoft -- to provide information about mergers that were too small to report to antitrust agencies, the agency said on Tuesday.
Whether they are spending more money than they are letting on, stashing a secret credit card or hiding debt, nearly half of those in a relationship admit to committing some sort of financial infidelity.
T-Mobile US Inc and Sprint Corp won a federal court fight as a judge ruled on Tuesday that their $26 billion merger was legal and should be allowed.
IKEA named insider Jon Abrahamsson Ring to succeed Torbjorn Loof as chief executive of the world's biggest furniture brand on Tuesday as it adapts to seismic shifts in shopping.
Office sharing startup WeWork on Tuesday brought forward its target for becoming free cash flow positive by a year to 2022 and said it expects to post its first ever $1-billion revenue quarter this year.
Daimler will not sacrifice the profitability of next generation electric cars Chief Executive Ola Kaellenius said on Tuesday, as the carmaker struggles to meet more stringent European Union anti-pollution rules.
Federal Reserve Chair Jerome Powell was fairly upbeat about the outlook for the U.S. economy in the first of his twice-a-year updates to Congress Tuesday, but cited a potential threat from the coronavirus in China and concerns about the economy's long-term health.
A federal judge on Tuesday approved a merger between No.3 and No.4 wireless carriers T-Mobile US Inc and Sprint Corp, rejecting a claim by a group of states that said the deal would violate antitrust laws and raise prices.
Finland's biggest game maker Supercell reported on Tuesday its full-year 2019 sales rose 2% to 1.39 billion euros ($1.52 billion) although core earnings slipped 4%.
A drop in the euro/dollar exchange rate to a four-month low raises the prospect of a repricing of one of the world’s most important macro-economic metrics and a potential re-rating of the U.S. currency across the globe.
Under Armour Inc on Tuesday forecast a surprise drop in 2020 revenue, largely due to weakness in North America, and said the coronavirus outbreak in China would hurt sales in one of its fast-growing markets, sending shares tumbling 13%.
Mobile-only finance start-up Varo just got its long-awaited regulatory approval to become a full-scale bank.