Citigroup Inc. Chief Executive Officer Jane Fraser is weighing an overhaul of the firm’s most powerful committee of decision makers as she seeks to simplify the Wall Street giant.
Nikola Corp. fell in early trading after the maker of electric big rigs warned it may not reach its full-year delivery target as it grapples with fallout from recent battery incidents.
A very seasonal legal spat is playing out in Nantucket: The billionaire owner of a $6.5 million cottage is suing a clam shack to stop it from opening a mere 18 inches away from his 1,200 square foot home.
Broadcom Inc.’s $61 billion takeover of VMware Inc. was cleared by the UK’s antitrust watchdog, paving the way for one of the largest-ever tech deals.
A former Deutsche Bank AG trader is rapidly amassing enough wealth in the fallout from volatile interest rates and inflation to rival some of the richest billionaires in finance.
Turkish stock buyers are again piling into new share offerings by companies, lured by the promise of jumbo returns as they clamor for ways to shield against resurgent inflation.
Sculptor Capital Management Inc. spurned an unsolicited bid from a group of hedge fund giants including Boaz Weinstein, Marc Lasry and Bill Ackman, the latest twist in the takeover of one of Wall Street’s best-known investment firms.
A plume of the greenhouse gas from the billionaire’s rocket site was detected by an instrument on board the International Space Station.
South African coal exporter Thungela Resources Ltd. saw profits plunge by 69% in the first half of the year on weaker coal prices and logistical constraints.
President Joe Biden aims to show the federal government is there for Maui residents when he visits the fire-stricken island on Monday amid criticism of his response to the historic disaster.
