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Pressure Mounts at the Top of Deutsche Bank

Pressure Mounts at the Top of Deutsche Bank

Deutsche Bank CEO John Cryan has told associates he wanted nothing to do with Chinese conglomerate HNA, the bank’s largest shareholder. The iciness has irked Chairman Paul Achleitner, who helped woo HNA.

Published 8 months ago

Amazon Has a Luxury Problem

Amazon Has a Luxury Problem

Swatch and other high-end retailers are staying away from Amazon’s online marketplace, saying it undermines the strict control that is key to maintaining a sense of exclusivity—and keeping prices high.

Published 8 months ago

Las Vegas Mayor Predicts Limited Economic Impact From Mass Shooting

Las Vegas Mayor Predicts Limited Economic Impact From Mass Shooting

While it’s still too soon to gauge the impact Stephen Paddock’s rampage will have on tourism in Las Vegas, the experience of other cities after mass shootings or terrorist attacks points to at least a short-term decline in visitors.

Published 8 months ago

Lidl Stores Gain Little Traction So Far in U.S.

Lidl Stores Gain Little Traction So Far in U.S.

German grocery discounter Lidl has had trouble sustaining store traffic since opening its first U.S. outlets in June, and rivals have recovered much of their lost share of consumer shopping trips.

Published 8 months ago

Marvel Drops Planned Joint Venture With Northrop Grumman

Marvel Drops Planned Joint Venture With Northrop Grumman

Fans of Marvel Entertainment’s superheroes attacked the company via social media about its planned partnership with the defense contractor.

Published 8 months ago

Trump Says ‘Only One Thing Will Work’ to Rein In North Korea

Trump Says ‘Only One Thing Will Work’ to Rein In North Korea

The U.S. president hinted at taking action against Pyongyang in a series of tweets.

Published 8 months ago

Trump to Sign Order Next Week on Health Insurance, Official Says

Trump to Sign Order Next Week on Health Insurance, Official Says

President Donald Trump will sign an executive order next week to start lifting some insurance rules set by his predecessor’s Affordable Care Act in the aftermath of the failed Republican bid to repeal the law, a senior administration official said.

Published 8 months ago

Shooter May Have Had Target Practice in the Desert Two Days Before Las Vegas Massacre

Shooter May Have Had Target Practice in the Desert Two Days Before Las Vegas Massacre

The gunman who killed 58 people here Sunday appears to have gone out to the desert to practice shooting two days before the massacre, according to a law-enforcement official familiar with the investigation.

Published 8 months ago

Hurricane Nate Seen Strengthening to Category 2 Storm at Landfall

Hurricane Nate Seen Strengthening to Category 2 Storm at Landfall

Hurricane Nate is gaining strength and now expected to slam into the central Gulf Coast Saturday night as a Category 2 storm.

Published 8 months ago

Several Injured in Collision in Central London

Several Injured in Collision in Central London

Eleven people were injured and a man was detained by police following a collision involving a car near central London’s Natural History Museum, authorities said.

Published 8 months ago

Trump’s New Outreach to Democrats: Health Care

Trump’s New Outreach to Democrats: Health Care

In his latest outreach to Democrats, President Donald Trump said that he’s spoken with Senate Minority Leader Chuck Schumer to discuss renewing efforts to pass health-care legislation.

Published 8 months ago

October’s Not as Bleak as Its Reputation for Stock Markets

October’s Not as Bleak as Its Reputation for Stock Markets

October is known for darks days on Wall Street, but on average it hasn’t been so bad

Published 8 months ago

Amazon’s Search for a Second Headquarters Could Weigh on Seattle’s Growth

Amazon’s Search for a Second Headquarters Could Weigh on Seattle’s Growth

Amazon’s decision to establish a second headquarters is going to make some North American city very happy once the online retail giant announces its choice next year. But it will likely be bad news for its current hometown.

Published 8 months ago

Judy Blume, a Pre-Teen Fiction Trailblazer, Opens Up Her Archive

Judy Blume, a Pre-Teen Fiction Trailblazer, Opens Up Her Archive

The author of classics like ‘Are You There God? It’s Me, Margaret’ will sell her papers to Yale; She ignited the young-adult genre in the 1970s

Published 8 months ago

How Smartphones Hijack Our Minds

How Smartphones Hijack Our Minds

Research suggests that as the brain grows dependent on phone technology, the intellect weakens.

Published 8 months ago