NEW YORK - Goldman Sachs named David Solomon as its next chief executive officer on Tuesday, ushering in a new era for the Wall Street bank as it expands into different businesses and revamps familiar ones.
Business & Financial News, U.S & International Breaking News
Netflix drags Wall Street lower ahead of Powell's testimony
Wall Street dipped on Tuesday as Netflix's slump due to weak subscriber growth weighed on other high-growth stocks, while investors awaited Federal Reserve Chairman Jerome Powell's Congressional testimony.
Johnson & Johnson profit beat fueled by strength in pharma business
Johnson & Johnson topped analysts' estimates for quarterly profit and revenue on Tuesday, as strong demand for cancer drugs Zytiga and Darzalex more than made up for declining sales of blockbuster treatment Remicade.
Lawyers welcome U.S. court order to slow deportations of separated families
Lawyers for immigrant families separated at the border by the U.S. government said a federal judge's order barring rapid deportations until at least next Tuesday would give them breathing room as they struggled for access to clients.
Exclusive: Lloyds Bank plans three EU subsidiaries after Brexit - sources
Lloyds Banking Group plans to operate three subsidiaries in continental Europe after Britain leaves the EU, according to a source familiar with the matter, in a sign of how Brexit is fragmenting a banking industry long concentrated in London.
Trump in the spotlight as Republican Roby faces Alabama runoff test
U.S. Representative Martha Roby, a Republican who spurned Donald Trump in the 2016 presidential race, is fighting for her political life in Alabama on Tuesday in a runoff election against a former Democrat who became a Trump supporter.
Judge rules for Trump administration in suit over family-planning program shift
A federal judge ruled on Monday against birth control organizations that sought to block the Trump administration from shifting a federal family-planning grant program toward prioritizing groups that are faith-based and counsel abstinence.
Exp: Jul 18
Exp: Jul 18
Exp: Jul 18
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