JPMorgan’s profit surges to record after First Republic deal
By Niket Nishant and Nupur Anand (Reuters) -JPMorgan Chase beat Wall Street estimates for the second-quarter with record profit even…
Business
Former Netflix content head to lead Elisabeth Murdoch’s firm Sister
(Reuters) – Former Netflix content chief Cindy Holland on Friday has been named the global CEO of entertainment group Sister,…
Canopy Growth signs agreements to reduce debt amid liquidity crisis
(Reuters) – Pot producer Canopy Growth has signed agreements with lenders to reduce its debt by C$437 million ($333.36 million)…
JPMorgan, Wells Fargo expect deposits to extend Q2 declines
By Saeed Azhar and Nupur Anand NEW YORK (Reuters) – Deposits at U.S. banking giants including JPMorgan and Wells Fargo…
Why Amazon put services in the spotlight for Prime Day
By Arriana McLymore NEW YORK (Reuters) – Amazon shoppers snagged deals on food delivery, travel and healthcare during a two-day…
Santander expanding investment bank in US and UK, sources
By Jesús Aguado, Andres Gonzalez and Iain Withers MADRID/LONDON (Reuters) – Santander is accelerating growth of its investment bank by…
European shares close best week in over three months on US disinflation hopes
By Amruta Khandekar and Matteo Allievi (Reuters) -European shares edged slightly lower on Friday, but that did little to change…
US inflation outlook brightening; consumer sentiment near two-year high
By Lucia Mutikani WASHINGTON (Reuters) – U.S. import prices fell for a second straight month in June as an increase…
Kering boss Pinault in talks to buy majority of Hollywood agency CAA -source
By Anirban Sen (Reuters) -Creative Artists Agency (CAA) is in advanced talks to sell a majority stake to French billionaire…
US Treasury surveys dealers on auctions, buyback program
(Reuters) – The U.S. Treasury Department is asking primary dealers their views on what specific bonds it should issue more…