After three decades at the company, Kathy Waller will retire in March and be replaced by Asia Pacific Group chief John Murphy.
"While it is still early, our [Venmo] monetization efforts appear to be reaching a tipping point," PayPal CEO Dan Schulman says.
Cloud subscriptions and support revenue rose 39% in Q3 but SAP is experiencing some customer resistance to its shift to the cloud.
The new “Trade Information Network” aims to close the $1.5 trillion gap in trade financing for small and medium-size companies.
The Financial Stability Oversight Council's decision means there are no longer any nonbanks subject to stricter, post-crisis oversight.
The streaming giant's strong Q3 “serves as a comeback after it failed to meet its own performance predictions in Q2."
The company's Q3 earnings beat estimates but "it remains too early to call for a broad recovery" in the medical-device and consumer businesses.
The White House blames increased spending for the mounting deficit but its own data "suggest falling revenues were a far larger contributor."
The SEC says the three accountants misrepresented that the audit had been completed after the audit team fell behind schedule.
The bank's third-quarter results "reflect the transformational changes we've been making at Wells Fargo," CEO Tim Sloan says.