Germany’s Deutsche Bank AG and its British rival Barclays Plc kicked off the earnings season for Europe’s investment banks. The results weren’t great. Deutsche’s third-quarter trading revenues were dismal and its net income sank by two-thirds. Barclays’ investment bank fared better but still posted its lowest quarterly revenue in two years. Of the two, it’s Deutsche whose problems run deepest. ...

Do you know the story of Patty McCord, Netflix’s original human relations chief? It’s legendary, and worth recounting in the wake of Wall Street Journal story on the company’s culture. McCord was one of Netflix Inc.’s earliest employees. She was chief executive Reed Hastings’s neighbour in Santa Cruz, California, and the two of them often carpooled to work. In 2004, ...

Bloomberg US stocks rose amid deal news, as major averages pared losses after a brutal month of selling. The dollar advanced versus the euro as political uncertainty hit Germany, while Treasuries edged lower. The S&P 500 headed for just its sixth advance in October and remains on track for its worst month since 2010. The Nasdaq indexes outperformed after IBM’s ...