Morgan Stanley's No. 2 executive, Colm Kelleher, is retiring: report
Mar. 28, 2019 at 4:37 p.m. ETSaudi Aramco plans to issue a bond as early as next week to help fund its acquisition of a majority stake in the kingdom’s petrochemicals firm, shining a light on the finances of the world’s largest oil company.An Italian court ruled in favor of Parmalat’s owner in a long-standing dispute with Citigroup, which has argued that it was a victim of the dairy company’s massive fraud, which is still reverberating 15 years later.
Apple became a tech colossus by pioneering a mobile phone that transformed technology, but can no longer count on it for growth. That’s why CEO Tim Cook is making a dramatic pivot to services—an area filled with risks and competition. On Monday, it will announce revamped video- and news-subscription services.
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