Goldman Sachs Group Inc is in talks with the U.S. government and a state regulator to possibly pay up to $2 billion and admit guilt to resolve investigations into its role in a Malaysia corruption scandal, according to a source familiar with the matter.
Adidas will start selling a new collection designed with singer Beyonce on Jan. 18 in a relaunch of her Ivy Park brand that includes shoes, clothes and accessories, mostly in maroon, orange and cream.
The amount of time it takes people in different cities to repay their credit card debt varies vastly.
A settlement would lift a cloud that has hung over Goldman and its CEO David Solomon since he took over in late 2018.
Oil prices hovered near the highest in three months in thin pre-Christmas trading on Thursday, buoyed by the previous day's news that U.S. crude inventories declined and as U.S.-China trade tensions continued to ease.
Wall Street hovered near record highs on Thursday as U.S. Treasury Secretary Steven Mnuchin said Washington and Beijing would sign an initial trade deal in early January, with traders also shrugging off the impeachment of President Donald Trump.
The dollar was roughly flat on Thursday morning awaiting gross domestic product data on Friday, little moved by a report showing that factory activity in the mid-Atlantic region has nearly stalled this month.
U.S. President Donald Trump called Boeing Chief Executive Dennis Muilenburg this week to ask about the status of 737 MAX production, two people briefed on the matter confirmed.
Volkswagen has attracted bids from Europe's Innio, Japan's Mitsubishi Heavy and U.S.-based Cummins for its MAN Energy Solutions, which makes diesel engines for ships and power generators, people close to the matter said.
The U.S. House of Representatives is set to approve a rewritten North American trade deal on Thursday that includes tougher new labor and automotive content rules than its predecessor but leaves $1.2 trillion in U.S.-Mexico-Canada trade flows largely unchanged.
When times get tough, go with what you know. Members of TIGER 21, an investment club for wealthy people, have ticked up their allocation in real estate. They're also paying closer attention to startups and venture capital.
Wall Street hit fresh all-time highs on Thursday as U.S. Treasury Secretary Steven Mnuchin said an initial U.S.-China trade deal would be signed in early January, adding to optimism that has been fueled by a breakthrough in talks last week.
Bond yields rose after Sweden stopped five years of negative interest rates, signaling an era of sub-zero rates may be near an end, while global equity markets extended a rally that has pushed U.S. and global stock benchmarks to record highs.
The number of Americans filing applications for unemployment benefits dropped from a more than two-year high last week, pointing to sustained labor market strength that should continue to underpin consumer spending and the economy.
Starbucks Corp agreed on Thursday to pay restitution and accept greater oversight to settle a multi-year probe finding that it had illegally required New York City employees to find substitutes when they needed to use sick leave.