Bloomberg Right as UK Prime Minister Theresa May filed for divorce from the European Union, her Brexit department hired elite management consultancy, McKinsey & Co., to the tune of 1.9 million pounds ($2.5 million) to help get the job done. While the contract was only formally announced in an email, an accompanying excel sheet shows that the consultancy giant was ...

Bloomberg Wells Fargo & Co. is edging closer to a settlement with regulators over the crisis-era mortgage bonds investigation that took a $1 billion chunk out of third-quarter profit, according to Chief Financial Officer John Shrewsberry. “We are now having a negotiation, so it’s a matter of probably months or quarters, not anything more than that,” Shrewsberry said in a ...

Bloomberg The remnants of Ophelia, the most eastern major Atlantic storm on record, are set to batter Ireland with “extreme” conditions on Monday, leading the government to warn of potential flooding in the south and urging schools to stay closed. Ophelia weakened to a category 1 hurricane and is expected to turn into a strong post-tropical cyclone by Sunday night, ...