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Complex layers of leverage could pose a threat to the global economy

By dropping out of the election, the president could have more impact on global affairs in his final months in office

BNP Paribas backed its guidance for the year after posting better-than-expected earnings for the second quarter, with double-digit growth in its institutional banking and capital markets units.

AMC Entertainment expects to swing to a loss in the latest quarter in the wake of the prolonged Hollywood actors and writers strikes last year, though it flagged a recovery in movie going last month.

Many workers hated the “Happy Birthday” ritual. Now a lot of companies are redefining the celebration to make them less annoying.

T-Mobile said it agreed to spend around $4.9 billion to form a joint venture with investment firm KKR to buy fiber-optic internet company Metronet, in a bid to reach more residential broadband users.