The bank announced Thursday it plans to significantly reduce global staff levels to less than 90,000, from a current level of around 97,000.
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Top U.S. cryptocurrency exchange Coinbase announced it would acquire trading platform Paradex in the start-up's latest attempt to stay ahead in an increasingly competitive crypto economy.
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Chipotle Mexican Grill will move its headquarters from Denver to Newport Beach this year, the restaurant chain announced Wednesday.
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Shares were mixed in Asia on Thursday after U.S. stocks reversed early losses and finished higher as investors appraised the Federal Reserve's signal that it is not in a hurry to raise interest rates.
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General Electric Co. GE -7.26% boss John Flannery warned investors Wednesday that the company's big power business faces years of pressure and reminded them that major changes at the conglomerate will take some time.
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