Bloomberg Canada Goose Inc. is planning to go public as soon as next month, people with knowledge of the matter said, in an initial public offering that could value the company at about $2-billion. The Toronto-based retailer, backed by Bain Capital and known for its trademark $900 parkas with coyote fur-lined hoods, is aiming to go public in February ...

  Bloomberg Wells Fargo & Co. is benefiting from higher interest rates and increased fee income from cards and deposit accounts as Chief Executive Officer Tim Sloan plans cost cuts and works to recover from a scandal in the retail banking unit. Fourth-quarter net interest income, a measure of earnings from customer deposits, climbed to $12.4 billion from $11.6 billion ...

  Reuters Bank of America Corp (BoA) reported a near-50-percent jump in fourth-quarter profit due to cost cuts and higher trading revenue, and its finance chief forecast sturdy income growth ahead thanks to rising interest rates. The Charlotte, N.C.-based lender’s earnings surged 47 percent in the quarter through Dec. 31 to $4.34 billion, or 40 cents a share, from $2.95 ...

  Bloomberg Against the most ‘Trumpian’ of odds, Goldman Sachs Group Inc. is defying bearish bets and predicting Mexico’s peso will make a comeback this year. The worst performer among the world’s 16 major currencies so far in 2017 will rally 13 percent to 19 per dollar over the next 12 months on the view that the protectionist impact of ...

  Bloomberg JPMorgan Chase & Co. said fourth-quarter profit rose 24 percent as the biggest U.S. bank set aside less money for bad loans and bond-trading revenue increased more than analysts estimated. Earnings benefited from better credit quality among U.S. consumers and corporations, allowing the bank to pull about $400 million from bad-loan reserves in the mortgage, energy and metals ...

  Bloomberg This is so much more than a parting shot. With a week to go before Donald Trump becomes president, the Obama administration has unleashed a final, multiprong effort on enforcement and regulation in the automotive industry, with Fiat Chrysler Automobiles NV now at the fore. On Friday alone, the US Environmental Protection Agency rejected automakers’ bid to weaken ...

  Bloomberg The auto show in Detroit this week is stuffed with cars. Not 6,000-pound SUVs or spacecraft-hauling pickup trucks, but regular old sedans and coupes—spinning on the industry’s greatest stage like so many boring vanilla cakes. Of the 20 or so new models unveiled at the North American International Auto Show, about half were low to the ground. Granted, ...

  Frankfurt / DPA It’s too soon to sound the all clear, but international conservation organizations have recorded a modest rise in the number of mountain gorillas in the volcanic mountains of central Africa. Estimates put the number in Congo, Rwanda and Uganda at 800. This means that they are still highly endangered, but the population has risen from just ...

  Cologne / DPA Dietmar is one of the bestsellers today. The youths listen spellbound as he tells them how 35 years ago he robbed a bank — because he needed money so he could marry his girlfriend. He almost got away with it, escaping for a whole year before he was arrested, charged and sentenced to four years in ...

  Bloomberg From the rivers criss-crossing eastern Europe to the Mediterranean ports of Greece and France, everyone is hunting for energy supplies. Blizzards, gale force winds, arctic temperatures and river ice thicker than a house has left the stewards of the European energy business frenzied. Prices of natural gas, primarily a heating fuel, has soared to the highest in more ...