BB&T, SunTrust announce Truist Bank, the name of their post-merger bank

BB&T, SunTrust announce Truist Bank, the name of their post-merger bank

BB&T Corp. and SunTrust Banks will be rechristened Truist Bank once the merger of the two companies is completed, they said Wednesday. The deal, announced in February and valued at $66 billion, will create the sixth-largest bank in the U.S. serving more …
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Uber, Lyft executives urge California compromise on driver pay

Faced with legislation in California that endangers their business model, Uber Technologies and Lyft are urging a compromise that would keep their drivers from being considered employees. “We can make independent work better if we update century-old …
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Renault Leader, Acknowledging 'Tense Climate,' Seeks Stronger Ties With Nissan

PARIS — A week after the collapse of a potential merger with Fiat Chrysler, the French automaker Renault is pressing to strengthen ties with Nissan, its partner in a decades-old auto alliance, to stay competitive in the global car market, the company’s …
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Pacioli's pioneering accounting book sold at auction for $1.2M

Luca Pacioli's groundbreaking text on bookkeeping, accounting and mathematics, “Somma di arithmetica, geometria, proporzioni e proporzionalità,”
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Walmart eliminates Jet president role as it further integrates e-commerce business

More than two years after Walmart bought Jet.com, the big-box retailer is taking steps to more fully integrate and fold the e-commerce platform into its own business. As part of the changes it has planned, Simon Belsham’s role as Jet president will be …
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