Deutsche Bank cuts mark end to failed bid for global scale

Jul 8, 2019
“They’ve been limping along for the last few years and I suppose this day had to come,” said a banking expert.
The Deutsche Bank building in Central London on July 8, 2019. The bank has started to make the first of a proposed 18,000 job cuts as part of a radical restructuring plan.
TOLGA AKMEN/AFP/Getty Images

Puerto Rico debt plan calls for austerity, public spending cuts

Mar 14, 2017
On Monday, Puerto Rico's financial oversight board approved a new debt plan.
Filipa Rodrigues/Marketplace

Puerto Rico avoids debt default — but what's next?

Jun 30, 2016
Puerto Rico's debt will be restructured, but the future is far from certain.
An American flag and Puerto Rican flag fly next to each other in Old San Juan.
Joe Raedle/Getty Images

Google heads for big changes

Aug 10, 2015
Alphabet becomes the holding company for the iconic search engine.