TOKYO / AP Japanese telecommunications and internet company SoftBank Group Corp., which has acquired British chipmaker ARM Holdings for about $30 billion, reported on Monday that its July-September profit more than doubled from the same period the previous year. Tokyo-based Softbank’s fiscal second quarter profit totaled 528.6 billion yen ($5.1 billion), up from 258.6 billion yen last year, boosted ...

  Bloomberg Deutsche Bank AG, seeking to shore up capital, has said it wants to sell or spin off German retail-banking unit Postbank. Standing in the way: bonds known as CoCos. Blame it on conflicting accounting rules. While Deutsche Bank has taken a multi-billion-euro writedown for Postbank in accounts based on international standards, it hasn’t done so on its income ...

  CUSHING / AP A magnitude 5.0 earthquake centered near one of the world’s key oil hubs brought down building facades and shattered windows in a central Oklahoma city, rendering century-old buildings unsafe and raising concerns about key infrastructure. Cushing Assistant City Manager Jeremy Frazier told a news conference late on Sunday that a few minor injuries were reported. He ...