Wall Street dominance over Europe's struggling banks hits record
Wall Street's dominance over struggling European banks has reached record levels as U.S. firms reap the benefits of booming markets at home, while their transatlantic rivals are trapped in endless restructurings, data showed on Thursday.
NEW YORK: AT&T Inc is committed to spend as much as needed on the media business of newly acquired Time Warner Inc, Chief Executive Randall Stephenson told CNBC on Friday, with a plan to invest US$21 billion to US$22 billion in the combined company.
Billionaire Lawrence Ho launches his latest and greatest property called Morpheus. The chairman and CEO of Melco Resorts explains why the architectural feat is not just for Macau, but to prove a point to Japan.