JP Morgan Chase & Co, the biggest bank in the US, would cut lending to some businesses as risks confronted the bank's reputation, said a report from the Wall Street Journal.
Tags: Wall Street Journal
US carrier Sprint planning 2014 $20B T-Mobile takeover -report
US-based telecommunications company Sprint is eyeing the purchase of rival T-Mobile USA next year in a deal worth $20 billion, according to sources cited in a report by The Wall Street Journal.
WSJ report challenges role of private equity in average consumer
Becky Pritchard conducted an investigative report for the Wall Street Journal about how private equity had embedded itself deeply in an average consumer's life.
Snapchat rejects USD3 billion bid from Facebook
Popular photo sharing service Snapchat turned down a USD3 billion acquisition bid from social media giant Facebook, saying the company will not start considering offers until next year.
Richemont rules out brand sales
Geneva-based luxury-goods retailer Compagnie Financiere Richemont announced its decision to invest rather than divest in its struggling brands.
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Reports said the recent changes to Gmail upset several retailers and marketers with already a 1% plunge in the number of opened emails.
Foxconn Technology Group's second quarter earnings report showed a boost of 40.8% due to strong iPhone sales and reduced costs by building factories in China.
The Wall Street Journal reported that Acer would retreat from using Windows and embrace the Android operating system for its mobile devices.
Apple lessened its budget for retail store supplies like pens and papers by 30% and reduced costs for employee trainings.
According to a Wall Street Journal report, Carlyle Group seeks a hefty US$4 billion property fund, the biggest property fund since the financial crisis once gotten successfully.
According to Wall Street Journal, MakerBot, a 3D printer maker is in discussions to sell itself. (Photo : Reuters)Image shows customers looking around inside a computer shop.
BlackRock, Vanguard and Fidelity remain on the fence as to the approval of the recommendation to separate CEO and Chairmanship duties.
GM, in a letter obtained by the Wall Street Journal, said it would increase its capital funding in the US compared to China.
Beleaguered company J. C. Penney Co Inc has engaged the services of Blackstone Group LP's financial advisory arm for their expertise on how to best position the firm financially, according to sources.
