Rich Asians Give Deutsche Bank Crazy Growth Potential
August 21, 2018

In Deutsche Bank AG Chief Executive Officer Christian Sewing’s push to get back into growth mode, there’s one specific business in which there are pretty much no hiring limits.

The private bank in Asia is still recruiting, even after bringing Continue reading

Yuan Gains After PBOC Move, Asian Stocks Climb: Markets Wrap
August 21, 2018

The yuan extended gains following a rally triggered by a surprise China central bank move to make it more expensive to bet against the currency. Asian stocks advanced Monday as the earnings seasons rolls on.

The offshore yuan built on Continue reading

Gates Testifies He Stole From Manafort and Helped Him Break Law
August 14, 2018

Paul Manafort’s former right-hand man, Rick Gates, broke his silence Monday and offered dramatic inside testimony about how wealthy Ukrainian businessmen used offshore accounts and shell companies to pay his boss millions of dollars for political consulting work.

Gates, 46, Continue reading

Peak Earnings? Investors May Think So. Analysts Really Don’t
August 4, 2018

Worried earnings can’t get any better than they are now? Investors seem to be, with another impressive reporting season about to end and not much to show for it in stocks.

But one Wall Street constituency that usually shares the Continue reading

Apple Earnings Show Growing Immunity to Smartphone Malaise
May 27, 2018
  • As industry cools, CEO cooks up new services, raises prices
  • Apple’s success elsewhere doesn’t help smartphone suppliers

Apple Inc.’s results confirmed that, while the days of double-digit smartphone industry growth are over, Chief Executive Officer Tim Cook has a Continue reading

Musk Probably Won’t Move to Mars After $2.6 Billion Pay Approved
March 24, 2018
  • Award could yield CEO more than $50 billion if all goals met
  • New plan binds him to the electric-car maker for a decade

Here’s what Tesla Inc. shareholders just bought for $2.6 billion: a stronger guarantee that Elon Musk Continue reading

Buffett Warns Investors That Safe-Looking Bonds Can Be Risky
March 6, 2018

Sometimes the best lessons are worth repeating.

Billionaire investor Warren Buffett used his widely-read annual letter to Berkshire Hathaway Inc. shareholders on Saturday to again call out the wasteful fees that many money managers charge. He highlighted the risk of Continue reading