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Small banks rally pauses but may not be over yet

NEW YORK The rally in regional U.S. bank stocks that followed last month's election of Donald Trump may not be over, but investors may have to wait for policy to take shape for the massive move to extend further.

Recent Business News

U.S. presidential commission issues recommendations on cyber security

The U.S. government and the private sector must cooperate to improve the security of digital networks, a U.S. presidential commission on cyber security recommended in a wide-ranging report issued on Friday.

Tech, Cybersecurity Dec 02 2016

China securities regulator chairman condemns "barbaric" company buy-outs by asset managers

BEIJING The chairman of China's securities regulator condemned "barbaric" leveraged company buy-outs by some asset managers using illegal funds, according to a statement posted on the China Securities Regulatory Commission (CSRC) website on Saturday.

5:26am EST

Wal-Mart to settle U.S. lawsuit over benefits for same-sex spouses

Wal-Mart Stores Inc on Friday said it would pay $7.5 million to settle a U.S. lawsuit claiming it discriminated against gay employees nationwide by denying health benefits to their spouses.

Dec 02 2016

Deutsche Bank to pay $60 million to settle U.S. gold price-fixing case

NEW YORK Deutsche Bank AG has agreed to pay $60 million to settle private U.S. antitrust litigation by traders and other investors who accused the German bank of conspiring to manipulate gold prices at their expense.

Dec 02 2016

Eddie Lampert proposes to buy further stake in Sears Hometown

Struggling retailer Sears Holdings Corp said Chief Executive Eddie Lampert proposed to buy a bigger stake in Sears Hometown and Outlet Stores Inc , if Sears Hometown entered into a partnership related to certain brands and its home services unit.

Dec 02 2016

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