American Airlines vows to share Boeing proceeds with workers
American is talking to Boeing about compensation for grounded planes and canceled flights.
Nexstar Selling 19 stations to get Tribune deal done
The deal helps in getting FCC and DOJ approval.
Hasbro finalizes $3.8B Entertainment One acquisition
The deal was struck over the summer.
WeWork's executive exit package details revealed
WeWork would pay out nearly $17 million to its new co-chief executives.
The 10 biggest business stories in 2019
A look back at the big financial stories of 2019 and ahead to what will be the major headlines of 2020.
Rising credit card debt boosts bank profits
A record 182 million Americans have credit cards and are carrying more than $1 trillion in debt.
Banks own thousands of commodity-carrying railcars in 'suffering' industry: Report
Banks held onto their railcar units after the 2008 financial crisis.
Broadway hits $1B sales mark
"West Side Story" and "A Christmas Carol" lead the way.
SoftBank's $3B WeWork financing talks stall with Japan banks
The stall is complicating a $9.5 billion rescue package.
Second Credit Suisse spying probe expected to clear CEO
A Swiss newspaper reported that the bank's former head of human resources was followed by private detectives in February.
Congress can keep bad actors out of the financial system
Let’s ring in the New Year by making it harder for the world’s bad actors to access the global financial system.
Goldman Sachs in talks to admit guilt, pay $2B fine in 1MDB scandal
Goldman Sachs Group Inc. is in talks with the U.S. government to pay a multibillion-dollar fine, admit guilt and agree to ongoing oversight of its compliance procedures in order to resolve a criminal investigation into its role in a Malaysian corruption scandal.
JPMorgan expanding in China after key approval
China is a critical market for JPMorgan.
Wall Street holiday parties drop booze for bootcamps, smoothies
“I’m sore, just in a different way,” joked a happy BTIG employee the morning after donning Lululemon fitness gear to compete with colleagues. “My head doesn’t hurt; my body hurts.”
Big banks to pay $337M in Fannie Mae, Freddie Mac bond-rigging case
Barclays (BARC.L), which underwrote the most Fannie Mae and Freddie Mac bonds, will pay $87 million.
Angels, Anthony Rendon reach $245M, 7-year deal
He'll join three-time MVPs Mike Trout and Albert Pujols on the Angel's.
Wall Street, Fed prep to avoid year end disruption in repo markets
Preparing for another potential cash crunch at year end.
Best credit cards named for 2020
The Capital One Venture Rewards Credit Card won three awards.
Real estate company shares $10M bonus with employees
The bonus announcement was easily the highlight of the company's Dec. 7 holiday party.
Yanks land ace Cole on record $324M, 9-year deal
Cole was the biggest prize of the free agent market.