Supreme Court to hear baker’s religious objection to making cake for gay couple

The U.S. Supreme Court on Monday agreed to decide a major case on whether business owners can refuse to service gay couples if they oppose same-sex marriage on religious grounds involving a Christian baker in Colorado who declined to make a wedding cake for two men....

Co-op bank cancels sale process, with US hedge funds potentially injecting new capital

The Co-op says it is in advanced talks with existing investors on a proposal to raise equity capital and recapitalize the bank. “The Proposal, if implemented, would enable the Bank to meet the longer term capital requirements applicable to all U.K. banks...

RBS to cut 443 jobs in UK, move many of them to India

British lender Royal Bank of Scotland is planning to cut 443 jobs dealing with business loans and many of them will move to India, the bank said.The Edinburgh-based bank said the cuts were part of a restructuring aimed at becoming a smaller bank.”We realise this...

Qualcomm’s Paul Jacobs: How to lead a tech giant

Paul Jacobs is the chairman of chip-making giant Qualcomm, a company his father co-founded in 1985. Today, Qualcomm is to the smartphone what Intel once was to the PC. Qualcomm helped pioneer early cellular technology and is still on the cutting edge of today’s...

Daniel Loeb’s Third Point buys stake in Nestle, with holding valued at around $3.4 billion

Activist investor Daniel Loeb’s Third Point LLC on Sunday unveiled a more than 1 percent stake in Switzerland’s Nestle SA and urged the world’s largest packaged foods maker to improve its margins, buy back stock and shed non-core businesses.The...

US would like nuclear deal with India to go forward: Official

President Donald Trump’s administration would like to see a Westinghouse nuclear reactor deal with India move forward, a senior White House official said on Friday ahead of Indian Prime Minister Narendra Modi’s meetings with Trump on Monday. The deal,...