The London Stock Exchange Buys Refinitiv for $27B
The deal helps the exchange become a global rival to Bloomberg.
Lexmark Cuts Jobs, Explores Alternatives
Some positions are being moved to low-cost countries and Lexmark expects to generate about $67 million in savings in 2016 and more in subsequent years.
Fortis Makes Big U.S. Utility Play With ITC Deal
Canada's largest utility owner buys a Midwest electricity transmission provider for $6.9 billion.
Service Industries Offset Manufacturing Slump
A non-manufacturing benchmark shows service providers unexpectedly expanded in October at the second-fastest pace in a decade.
Glencore Seen Taking More Debt-Cutting Steps
Analysts say the commodity supplier needs to cut net debt by almost half to $16 billion by the end of next year to retain its credit rating.
EU Favoring Broad Scope for Cyber Attack Rules
Euro bloc's executive body wants search engines and social networks to be covered by new disclosure regulations.
For $100M in Option Trades, Timing Was Everything
In a split second on Monday, one of the largest trades ever in options tied to the CBOE volatility index took place.
Fed: It’ll Be Different This Time
Federal officials say they intend to keep money "cheap for a long time to come," meaning interest rate increases will be slow and carefully considered.
JPMorgan Pilots Trader Surveillance Plan
The JPMorgan plan will monitor employees to see if they have the potential to violate banking or securities laws.
Morgan Stanley Selling Natural Gas Unit
As regulators pressure banks to exit commodities businesses, Morgan Stanley sells a compressed natural gas unit just launched in 2014.
SoFi Reportedly Seeking $3.5B Valuation
Social Finance, already valued at $1.3 billion, may be the next big peer-to-peer lending IPO.