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Bank of England ditches dividend limits on UK banks

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LONDON — The Bank of England on Tuesday ditched limits on banks to pay dividends to their shareholders that were first introduced at the...

Goldman Sachs 2Q profits beat forecasts; boosts dividend

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NEW YORK — Goldman Sachs had the second-best quarterly profit in the firm's history in the quarter ended in June, helped by a strong...

Freed from COVID restrictions, big US banks hike dividends

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NEW YORK — Recently freed from regulators' coronavirus restrictions, the largest U.S. banks on Monday announced plans to return tens of billions of dollars...

Streaming landscape shifts with $43B AT&T Discovery deal

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NEW YORK — AT&T said Monday it will combine its massive WarnerMedia media assets, which includes HBO and CNN, with Discovery Inc. to create...

Fed says restrictions on bank dividends and buybacks to end

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WASHINGTON — The Federal Reserve said Thursday that as of June 30 it will end for most banks the temporary limits it had imposed...

Saudi oil giant Aramco reports 30% drop in payments to state

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DUBAI, United Arab Emirates — Saudi Arabia’s state-backed oil giant Aramco paid the Saudi government 30% less in taxes in 2020, the company reported...