- U.S. stocks were higher in early trading on Wednesday after data showed that the country's private sector added more jobs than expected in May and the European Central Bank left interest rates unchanged at record lows.
Recent Business News
- Nelson Peltz's Trian Group said it planned to reduce its stake in hamburger chain Wendy's Co to 17.0-19.7 percent in the "next few months" from 24.8 percent.
- Proxy adviser Institutional Shareholder Services (ISS) has recommended that Google Inc's shareholders withhold votes for all three directors on the company's compensation committee, saying "mega grants" provided to the executive chairman and chief business officer were "problematic".
FRANKFURT - Deutsche Bank will launch three innovation labs this year, partnering with big development firms to speed creation of financial technology for its own uses and will spend up to 1 billion euros ($1.11 billion) on digital development in the next 5 years.
NEW YORK - The U.S. stock market has been strangely calm this year, much to the chagrin of investors who have been betting billions on volatility.
NEW YORK - U.S. private employers added 201,000 jobs in May, compared with a downwardly revised 165,000 jobs in April which were the fewest since January 2014, a report by a payrolls processor showed on Wednesday.