Deutsche Bank AG’s plan to cut costs by selling Postbank and shrinking the securities business is leaving investors cold as the overhaul pushes back targets that management has failed to deliver.
Oil declined for a third day before U.S. government data forecast to show crude stockpiles expanded further from a record.
Merck & Co. shares rose in late trading after trial results showed diabetes drug Januvia didn’t increase patients’ heart risk compared with a placebo.
Apple Inc. posted a 33 percent jump in profit last quarter, fueled by strong demand for the iPhone and sales growth in China. The company also boosted its capital- return program by $70 billion.
Boeing Co.’s 747 jumbo jet isn’t about to glide off into the sunset just yet.
XL Group Plc Chief Executive Officer Mike McGavick said that while he shuns casinos unless he’s with his mother-in-law, he’s felt lately like he was sitting at a “high stakes table” as he made insurance deals.
Bloomberg's Most Popular Stories