Twitter Silences Naysayers as Users Surge
Twitter quieted its doubters, at least for now, over its ability to jump-start shrinking user growth in the shadow of larger rival Facebook. The social-media company posted strong results across the board.
Barclays Swings to Quarterly Profit
Barclays swung to a net profit in the second quarter but the lender's results were weighed down by weaker revenue at its investment bank and a huge provision for wrongfully sold payment protection insurance.
Regulator Wants Monitors at Deutsche Bank, Barclays
New York's Department of Financial Services is pushing to install monitors inside the U.S. offices of Deutsche Bank and Barclays as part of an investigation into possible manipulation in the foreign-exchange market.