Germany is forcing a marriage that may not work

FRANK RUMPENHORST | DPA | Getty Images Picture taken on March 17, 2019 shows the headquarters of German banks Deutsche Bank (L) and Commerzbank in Frankfurt am Main, western Germany. Back in 2007, Deutsche Bank had its own balance sheet of 2 trillion euros ($2.25 trillion) and a market capitalization of nearly 50 billion euros,…

Facebook says video of New Zealand mosque shootings was viewed 4,000 times before being...

Facebook said a live streamed video apparently showing last week's attack on two mosques in New Zealand was viewed 4,000 times before it was removed. The suspected gunman, an Australian named Brenton Harrison Tarrant, allegedly killed 50 people after opening fire on Muslim worshipers at the two mosques, livestreaming the whole ordeal on Facebook. Tarrant…

K-pop sex scandals are crushing Korean entertainment stocks

Two sex scandals that rocked the South Korean music world have crushed the country's entertainment stocks as police investigate the involvement of celebrities in alleged criminal conduct. K-pop artist Seungri (real name Lee Seung-hyun), who was part of hugely popular boy band Big Bang, has been accused of providing prostitutes to investors in a club…

Deutsche Bank loaned more than $2 billion to Trump over two decades: NYT

Jonathan Ernst | Reuters President Donald Trump listens to a question as he meets with former hostage Danny Burch, an oil engineer who was taken hostage in Yemen in September 2017, in the Oval Office at the White House in Washington, March 6, 2019. Deutsche Bank loaned more than $2 billion to Donald Trump before…

Elon Musk’s tweet about Tesla violates settlement agreement, US regulator says

A tweet about Tesla production targets by Elon Musk was "a blatant violation" of a court order to get his written communications pre-approved, U.S. securities regulators told a judge on Monday, doubling down on the government's demand to find the Tesla CEO in contempt of a previous fraud settlement. The Securities and Exchange Commission wrote…

Boeing CEO restates ‘relentless commitment’ to safety

Boeing CEO Dennis Muilenburg restated the aircraft maker's commitment to safety on Monday night, as concerns grow about the second deadly crash of the manufacturer's top selling Boeing 737 Max planes in less than five months. The executive said that Boeing will maintain its "relentless commitment to make safe airplanes even safer." His comments come…

Warren Buffett says there’s ‘enormous resistance to change’ as Haven looks to revamp healthcare

Health spending rose 3.9 percent in 2017 and now makes up nearly 18 percent of American economic output. Last month in his State of the Union address, President Donald Trump called for legislation to cut drug prices. He has also outlined a plan to end the "rigged system" in which people in other countries pay…

Here’s who stands to get rich from Lyft’s IPO

Lyft is poised to rake in as much as $2 billion when it debuts on the public markets later this month, and its major stakeholders are set to get rich. The company plans to sell roughly 30 million Class A shares at between $62 and $68 a piece, valuing the ride-hailing firm at up to…

Kraft Heinz shares hit 52-week low after S&P puts company on CreditWatch negative, citing...

Standard & Poor's on Monday placed Kraft Heinz on CreditWatch negative after the struggling food giant failed to file its annual report with the Securities and Exchange Commission even after an extended deadline. Kraft Heinz shares, which are valued at nearly $39 billion, fell more than 1 percent on the news, at one point sinking…

Apple unveils new iPad Air and iPad mini ahead of video streaming announcement

Higher prices have helped to offset slowing hardware sales, though, as the company faces market saturation and global economic headwinds. In the face of weaker device sales, Apple has more heavily emphasized its services segment, which includes revenues from the App Store, Apple Music and Apple Care. There could be even more hardware announcements coming…

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