UniCredit's Andrea Orcel plays a bold hand, with Commerzbank in his sights

Speculation is rife over whether UniCredit's surprise stake build in Commerzbank will lead to a takeover bid of the German lender.

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Microsoft to cut 650 jobs at its Xbox gaming unit — read the full memo from top exec Phil Spencer

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American Airlines flight attendants ratify new contract with immediate raises topping 20%

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Interest payments on the national debt top $1 trillion as deficit swells

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China’s retail sales and industrial data miss expectations in August

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The Fed has the proof it wants that inflation is slowing, but the next move is still up in the air

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