Posts From Lucy Harlow
Hoping to move more even deeply into the financial lives of its customers, Apple on Monday unveiled its own iPhone-oriented credit card, called the “Apple Card.” The card, created in partnership with Goldman Sachs and Mastercard, comes with some features
Global markets largely took a tumble on Monday, with worries about a possible U.S. recession. Japan’s Nikkei 225 index was was down 3%. The Shanghai composite was off almost 2%, as was Hong Kong’s Hang Seng, with the Shenzhen composite
Boeing Co will brief more than 200 global airline pilots, technical experts and regulators this week on software and training updates for its 737 MAX aircraft, as Ethiopian Airlines expressed confidence in the planemaker despite a recent crash. Africa’s biggest
Boeing Co said it invited more than 200 airline pilots, technical leaders and regulators for an information session on Wednesday as it looks to return the 737 MAX to commercial service. The meeting is a sign that Boeing’s planned software
Chief financial officers and even average U.S. citizens have been bracing themselves for a recession, either this year or next. American executives and investment experts have been more sanguine in surveys, typically discounting the possibility of a significant downturn. And,
India’s Mindtree on Tuesday rejected conglomerate Larsen & Toubro’s hostile takeover bid, saying L&T’s plan to acquire a controlling stake will not create value for the IT services firm or its shareholders. L&T, best known as India’s largest engineer, announced
New Zealand Prime Minister Jacinda Ardern on Tuesday praised the bravery and courage by mosque worshippers as a lone gunman massacred their friends and family, saying the nation stood with its grieving Muslim community in this “darkest of days”. As
As the United States makes its biggest diplomatic push in Latin America in years to try to oust Venezuelan President Nicolas Maduro, the U.S. military is zeroing in on a byproduct of the crisis: a strengthening of Colombian rebels on
Should you be worried about what the new tax law—a.k.a. the 2017 Tax Cuts and Jobs Act—means for your 2018 refund? The early reports from the Internal Revenue Service have been a mixed bag: In February, weekly data showed that
Germany Pushes for Deutsche Bank-Commerzbank Merger As It Seeks a National Banking Champion
After years of speculation, Germany’s two biggest lenders, Deutsche Bank and Commerzbank, have formally decided to begin discussing a potential merger. The tie-up between the struggling banks could create a national banking champion—or just a larger struggling bank. The banks