Puerto Rico unveils plan to pull island out of bankruptcy
The federal control board that oversees Puerto Rico's finances on Friday released a plan that would cut the island's debt by more than 60% and rescue it from bankruptcy.
restructuring
Deutsche Bank sinks to $3.5 billion loss as overhaul costs hurt
Germany's biggest bank swears its radical overhaul will eventually pay off. But a $3.5 billion loss in the second quarter shows how much pain Deutsche Bank could face in the meantime, and it could amplify calls for the lender to move faster.
Layoffs have started at Deutsche Bank
The layoffs have started at Deutsche Bank as the struggling lender embarks on a dramatic overhaul that will reduce its workforce by 18,000.
WarnerMedia announces restructuring in wake of AT&T takeover
Former NBC Entertainment chairman Bob Greenblatt is joining WarnerMedia as the chairman of entertainment and direct-to-consumer, a new role that comes amid a broader restructuring of the AT&T-owned media company.
First Warn Forecast
