Bloomberg Business

The biggest US banks boosted their headcounts last year, even as some Wall Street firms cut positions to rein in expenses and rework their operations.

The regulatory uncertainty caused by years of Chinese government crackdowns on the country’s technology giants has started to clear, potentially easing the way for wary investors, according to Singapore’s sovereign wealth fund.

Oil-sands companies see a chance to secure a steady stream of government aid as Prime Minister Justin Trudeau pledges to keep Canada competitive with the massive clean-energy subsidies on offer in the US.

Former President Donald Trump mistook a 1980s photograph of New York author E. Jean Carroll, who claims he raped her more than two decades ago, for an image of his ex-wife Marla Maples during a deposition, according to a partially unsealed transcript in Carroll’s defamation suit.

While Tesla Inc.’s epic stock-price collapse dominated headlines over the past year, for some smaller electric-vehicle companies the rout has been even worse, a sign that investors see few attractive alternatives in the sector.

James Gorman isn’t going to stay in Morgan Stanley’s top job for life. And he knows the three finalists who are competing to replace him.

Applications for US unemployment benefits unexpectedly fell last week, sliding to the lowest level since September and underscoring a strong jobs market where many businesses are reluctant to let go of workers.

Procter & Gamble Co. sold fewer household staples than expected last quarter as consumers grew more cautious about higher prices.