Lifetime follows ‘Surviving R. Kelly’ with new ‘Surviving Jeffrey Epstein’ series and college admission scandal film
The financier, who owned luxury homes across the world, is currently being held in jail without bail for the alleged abuse of young girls between 2002 and 2005 in his Manhattan townhouse and Florida beachfront mansion.
Deutsche Bank flagged Jeffrey Epstein's transactions, reports say
Jeffrey Epstein used Deutsche Bank’s private-wealth division to manage his fortune, including moving money overseas done through transactions the German bank had eventually flagged federal authorities, reports said Tuesday.
Big bank riskiness -- not mergers -- should concern Americans
Without Glass-Steagall, American taxpayers are responsible for losses, as big banks count on the Federal Deposit Insurance Corporation's insurance fund to back up their risky trading activities.
T-Mobile, Sprint merger nearing completion after controversial and lengthy negotiations
But in deliberations that have swung wildly from nearly complete to nearly dissolving over the past three months, anything is possible.
Morgan Stanley 2Q profit falls, still tops expectations
Morgan Stanley's 2Q results beat on both the top and bottom lines.
Movers & Shakers: July 17, 2019
Stories moving the markets and shaking up the world.
R. Kelly finances revealed ahead of bond hearing
R&B singer held in jail while personal financial details of decade long battle with ex-wife is revealed.
IMF chief Christine Lagarde to resign on Tuesday
Her resignation comes after Lagarde was nominated on July 2 to be the next head of the European Central Bank.
Wells Fargo's 2Q earnings beat on cost cutting, more loans
Wells Fargo results topped expectations on both the top and bottom lines.
Goldman Sachs hikes dividend despite trading weakness
Goldman Sachs 2Q results beat on both the top and bottom lines.
Wall Street slips after Trump casts doubt on quick China trade deal
Crude oil prices tumbled nearly 3 percent or some $2 to $57.89 per barrel after Trump said progress was being made with Iran, indicating tensions in the Mideast may be easing.
JPMorgan Chase 2Q earnings topped expectations
The nation's largest bank reported $29 billion in revenue and profits of $2.82 per share.
Citigroup 2Q results top expectations on consumer lending boost
Citigroup reported 2Q profit of $1.95 per share topping the estimate for $1.80. Revenue came in at $18.8 billion.
Movers & Shakers: July 15, 2019
Stories moving the markets and shaking up the world.
As Trump targets Libra, Facebook's cryptocurrency faces 'uphill climb' after call for bank charter
Should Facebook be required to register as a bank and submit to banking regulations if it plans to move forward with Libra? President Trump thinks so.
Deutsche Bank CEO says he scolded executives for getting suits fitted on day of layoffs
Deutsche Bank CEO Christian Sewing told a German newspaper that he scolded senior members at its London office for getting suits fitted on the same day hundreds of fellow staffers lost their jobs.
At American Airlines, Boeing Max grounding fuels improved earnings outlook
The Dallas-based carrier expects unit revenue to now rise as much as 4 percent.
Small-dollar lenders get a bad rap, but here's the truth
The simple fact is that small-dollar lenders serve people that mainstream lenders, for one reason or another, turn away.
Trump 'favored-nation' drug pricing order could hammer profits
The move could force drugmakers to offer treatments in the U.S. at the lowest cost offered elsewhere in the world.
Movers & Shakers: July 8, 2019
Here are the stories moving the markets and shaking up the world.