Business

By Niket Nishant and Manya Saini (Reuters) -Four U.S. banks warned of lower interest income for this year on Friday, capping a week of dour commentary from the industry that has been under pressure from high deposit costs. After more than a year of booking strong...

By Abhijith Ganapavaram (Reuters) -Spirit Airlines announced on Friday it was assessing options to refinance its 2025 debt maturities amid concerns over its balance sheet, and said its $3.8 billion deal to merge with JetBlue Airways remained intact. Shares of Spirit...

(Reuters) -Synchrony Financial has agreed to acquire consumer lender Ally Financial's point-of-sale financing business, including $2.2 billion of loan receivables, the companies said on Friday. The portfolio includes relationships with nearly 2,500 merchant locations...