Wells Fargo & Co. should prepare itself for a long stay in the Capitol Hill hot seat because it ran afoul of Elizabeth Warren's favorite regulator.
Volkswagen CEO Herbert Deiss introduces the new Volkswagen electric car during a press conference at the Paris Motor Show in Paris, France on Thursday, Sept.
FRANKFURT-- Commerzbank AG on Thursday said it plans a wide-ranging overhaul that includes laying off close to 10,000 jobs, or roughly 20% of its workforce, merging two large units and scrapping its dividend.
WASHINGTON—The U.S. economy grew at a modestly faster pace in the second quarter than previously estimated, but the latest data confirms the expansion decelerated in the first half of the year.
Sumner Redstone's holding firm calls for an all-stock deal, saying it is "not willing to accept or support any acquisition" of Viacom or CBS by a third party or not controlling the merged company.