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Banks, telecoms lead Wall Street up; another Dow record
Wall Street climbed on Tuesday as telecom stalwarts AT&T and Verizon gained and bank shares added to their torrid post-election rally, helping the Dow set another record closing high.The S&P financial sector .SPSY rose nearly 1 percent, lifted by a 2.2 percent gain for Wells Fargo (WFC.N). The bank's chief
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UK financial sector proposes untested system to keep EU access
LONDON Britain's financial sector is drawing up proposals on how it could still serve EU clients after Brexit, even as firms begin establishing new operations on the continent to keep access to the European market.Regulatory and banking experts working for
U.S. judge sentences Volkswagen to three years probation, oversight | Reuters
DETROIT A federal judge in Detroit on Friday sentenced Volkswagen AG (VOWG_p.DE) to three years' probation and independent oversight for the German automaker's diesel emissions scandal as part of a $4.3 billion settlement announced in January.The plea agreement called for
GM resolves SEC accounting case tied to ignition switch
NEW YORK General Motors Co has agreed to pay $1 million to resolve a U.S. Securities and Exchange Commission accounting case related to a
