AJ Impact

Goldman Sachs in talks to pay $2bn fine to settle 1MDB probe-WSJ

In addition to hefty fine, talks to settle probe also include Goldman subsidiary admitting guilt, WSJ reports.

Goldman Sachs in talks to pay $2bn fine to settle 1MDB probe-WSJ

AJ Impact

Wall Street firms swap alcohol for mocktails this holiday season

Wellness themes cater to health-conscious employees while helping firms avoid alcohol-fueled liabilities in #MeToo era.

Wall Street firms swap alcohol for mocktails this holiday season

AJ Impact

Global markets rise on hopes of progress on US-China trade deal

Reports of the United States' willingness to cut tariffs boosted investor sentiment.

Global markets rise on hopes of progress on US-China trade deal

AJ Impact

BlackRock executive ousted over office romance

The global head of active equities was forced out of his job after failing to disclose a consensual relationship.

BlackRock executive ousted over office romance

AJ Impact

Charles Schwab will buy TD Ameritrade in $26bn all-stock deal

The deal will give Schwab 12 million new client accounts and create a brokerage firm with $5 trillion in assets.

Charles Schwab will buy TD Ameritrade in $26bn all-stock deal

AJ Impact

US company directors are being paid more than ever

As the average compensation rises above $300,000, pressure is mounting from shareholders to rein in directors' pay.

US company directors are being paid more than ever

AJ Impact

Trade optimism, solid Chinese data send US markets higher

Positive US-China trade news and an unexpected expansion in Chinese manufacturing sent markets higher to close the week.

Trade optimism, solid Chinese data send US markets higher

AJ Impact

Markets fall on trade worries and Fed's next move

Concerns over the ongoing US-China trade war and and the US central bank's next move hurt markets worldwide.

Markets fall on trade worries and Fed's next move

AJ Impact

Apple shares rise on holiday sales estimates

The tech company says strong demand for its watches, iPhones, wearables and Apple TV+ will boost its sales.

Apple shares rise on holiday sales estimates

AJ Impact

Taking flight: Virgin Galactic goes public in space tourism first

Shares of Richard Branson's company debut on the New York Stock Exchange, facing competitors Blue Origin and SpaceX.

Taking flight: Virgin Galactic goes public in space tourism first

AJ Impact

Amazon profit slides for first time in two years

The online retailer lowers its forecast for the upcoming holiday season; its shares fall 7 percent in extended trading.

Amazon profit slides for first time in two years

AJ Impact

More bad news on the US economy whipsaws stocks

A disappointing read on the services sector added to fears that trade wars are pushing the US economy toward recession.

More bad news on the US economy whipsaws stocks

AJ Impact

Mounting fears over slowing growth slam US stocks

Stocks extend losses for a second day after report showed signs of weakness in US labour market.

Mounting fears over slowing growth slam US stocks

AJ Impact

Global manufacturing is slowing, with US activity at decade low

Signals from around the globe portend mounting headwinds for industry as US-China trade war drags on.

 Global manufacturing is slowing, with US activity at decade low

AJ Impact

After market turmoil, US Fed eases money market stress with $53bn

Central bank announced plans to carry out more intervention on Wednesday to ease funding costs.

After market turmoil, US Fed eases money market stress with $53bn