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JCPenney's CEO left in May. Now its second in command is out too. Penney said Thursday that Jeffrey Davis, the company's chief financial officer, was resigning 14 months after taking the job. Jerry Murray, a top executive,…

The trade war between China and the United States is intensifying, but Beijing has just taken one potential weapon off the table. Premier Li Keqiang told an audience of global executives and policymakers that China would…

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(Reuters) - A U.S. judge on Monday dismissed a proposed class action lawsuit against several large banks for allegedly rigging the market for Mexican government bonds, according to a court filing. JPMorgan Chase & Co, HSBC…

It is widely expected that RBI is going to cut its benchmark lending rate in its bi-monthly monetary policy review on October 4.Rushing to meet the RBIdeadline of October 1, many public sector lenders like Canara and Corporation Bank…

Driven by digital initiatives, the share of private banks in FDs has gone up from 22% in March 2017 to 29% in March 2019. For Q4FY19, it witnessed 100% y-o-y growth in its digitally booked FDs.Axis Bank, India’s third-largest private…

In view of trading during the UPSI period, Mariwala had allegedly violated Prohibition of Insider Trading Regulations.Markets regulator Sebi has settled an alleged insider trading case with an individual in Sabero Organics Ltd matter on…

Six years ago, Walgreens announced a merger with Boots and told investors that it would make at least $9 billion in profit in 2016. The SEC says the company knew that number was a fantasy. Walgreens' former CEO Greg Wasson…

Companies in the front line of the trade war between the United States and China are anxious about what comes next. Executives at a World Economic Forum event in the northern Chinese city of Tianjin have been digesting the…

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