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European Central Bank via CNN

Germany's second largest bank slashes 7,300 jobs

Germany's second largest bank says it will slash thousands of jobs and stop paying a dividend amid a broad restructuring of its business.

Commerzbank announced Thursday that total job cuts will…

OPEC oil graphic

CNN

OPEC agrees to cut production; oil prices surge

OPEC is finally agreeing to cut oil production.

It would be the first time in eight years that the oil cartel would lower output. The agreement was reached on Wednesday at a meeting in Algiers.

Oil…

Wells Fargo CEO John Stumpf

Justin Sullivan/Getty Images

Wells Fargo to scrap controversial sales goals October 1

Under fire, Wells Fargo is speeding up the demise of the controversial sales goals that fueled the bank's embarrassing fake account scandal.

Wells Fargo CEO John Stumpf plans to tell Congress on…

London tube sign and Big Ben

Oli Scarff Getty Images

Turning London's backstreets into trendy food markets

Jonathan Downey loves to throw a party.

A leading figure in London's vibrant food and drink industry, he likes eating out to be memorable and fun.

Downey is one of the co-founders of London Union --…

Blackberry phone

End of an era: BlackBerry will stop making its own phones

It's the end of an era for BlackBerry. The company, famous for making cellphones with physical keyboards that were once so popular people nicknamed them Crackberries, has decided to stop making its…

Apple Watch

Stephen Lam/Getty

Aetna insurance will subsidize the Apple Watch

If you want an Apple Watch to keep track of your health, Aetna might help you pay for it.

The health insurance provider announced on Tuesday it will subsidize the cost of the device for some of its…

Beijing subway

Photo by China Photos/Getty Images

Billionaire: Chinese real estate is 'biggest bubble in history'

Chinese billionaire Wang Jianlin made his fortune in the country's real estate market -- and now he's warning that it's spiraling out of control.

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