Amazon.com Inc (NASDAQ: AMZN) is in focus this morning after announcing another massive round of layoffs to streamline costs. What jobs will be affected? On Monday, the tech behemoth confirmed plans of cutting another 9,000 jobs to better position for the economic

UBS Group AG (NYSE: UBS) agreed to acquire rival Credit Suisse Group AG (NYSE: CS) in what would have “seemed like a terrific deal” – had the agreement taken place a week ago, Morningstar analyst Johann Scholtz said in a

The Nasdaq 100 index futures wavered on Monday as investors reflected on the implosion of Credit Suisse, the second-biggest Swiss banking group. The closely-watched index was trading at $12,540, which was a few points below this week’s high of $12,867.  Mike

Prudential (LON: PRU) share price has been among the worst-performing in the UK after the insurance company published weak results last week. The stock has slipped in the past four straight days and is trading at the lowest level since

First Republic Bank (NYSE: FRC) is under significant pressure after the company received another credit rating downgrade. As a result, the FRC stock price tumbled by over 15% in the premarket session. This drop means that the company’s stock has