Nike and its Jordan brand have been dominant in the U.S. footwear market for years, but Adidas (ADSGn.DE) and Under Armour (UAA.N) are gaining ground by revamping their brands ..
"I expressed my desire to have CKE plan for succession approximately a year ago," said Puzder, 66, who has served as chief executive officer since 2000. Puzder will ..
Uber Technologies Inc [UBER.UL] plans to keep co-founder Travis Kalanick as chief executive following a series of damaging events at the ride services company, a member of its ..
BERLIN/FRANKFURT (Reuters) - Top officials at Volkswagen's luxury division Audi (NSUG.DE) will meet next week to discuss a raid by German prosecutors on the carmaker' ..
Wells Fargo & Co will launch a new multi-channel ad campaign, its chief executive said on Tuesday, in a further sign of the bank's efforts to regain trust after a sal ..
A federal judge on Tuesday said investors seeking to hold Deutsche Bank AG (DBKGn.DE) liable for causing $3.1 billion of losses by failing to properly monitor 10 trusts backed ..
Bank of America Corp shares fell 5.8 percent making it the biggest driver for a 3.9 percent sell-off in the S&P's bank subsector and compared with a 5.5 percent drop ..
Banks benefit from higher interest rates and their stocks are sensitive to changes in expectations of how quickly the Fed will adjust rates. Bank of America (BAC.N) slumped 5. ..
Oil prices fell on Tuesday, with U.S. crude dropping to its lowest since November, as concerns about new supplies overshadowed the latest talk by OPEC that it was looking to e ..
The steepest pullback in stocks since the U.S. presidential election reveals investor angst about President Donald Trump's ability to push through major reforms, leaving ..