(Reuters) - Morgan Stanley reported a better-than-expected quarterly profit on Wednesday, driven by gains in its fixed income and equities trading businesses, sending its shares up 3.3 percent. Net revenue from the bank’s sales and trading business rose 18 percent to $3.76 billion, with fixed income and equity trading businesses recording gains of 12 percent and 15 percent.
A lawyer who attended a Las Vegas concert where a gunman killed 58 people last year is calling a casino operator's lawsuits against hundreds of victims a "bullying tactic"
World stock markets are mostly lower as investors looked ahead to Federal Reserve Chairman Jerome Powell's testimony to Congress for clues on U.S. interest rates.
The "This Is Us" star unleashed her flower power for her appearance on "The Late Show With Stephen Colbert" Tuesday night. Metz wore a summery, blue floral-print dress with a certain Hollywood pedigree — it hails from plus-size retailer Eloquii’s collaboration with Draper James, the brand owned by Reese Witherspoon.
Michael Hickey / Getty Images The founder of Papa John's said in a letter that it was "a mistake" to resign as chairman of the company's board of directors over using the n-word in a conference call about racial sensitivity. "The board asked me to step down as chairman without apparently doing any investigation," according to the letter by former CEO John Schnatter to the Papa John's board of directors, which was obtained by BuzzFeed News after being first reported by the Wall Street Journal.
A U.S. judge has lifted an order that required the Los Angeles Times to remove information from an article about a court document that was meant to be kept from the public
Sibling rivalries—but make them royal. OK, obviously Prince George, 4, and Princess Charlotte, 3, aren’t literally in a competition, but when it comes to overall influence, Charlotte has an edge—and it has to do with her impact on the British economy. (No biggie.)
Chef'd, a major meal-kit company, ceased operations on Monday. The company's more than 350 workers have been laid off, four sources with knowledge of the situation told Business Insider. The news comes as a surprise, as it is soon after a series of major announcements for Chef'd, which has raised roughly $45 million in funding over the last year.
San Francisco voters will decide in November whether to tax large businesses to pay for homeless and housing services in a city struggling with income inequality