Wall Street chief executives said investors should brace for an equity market drop of more than 10% in the next 12 to 24 months, and that such a correction may be a positive development.

The Russian Defense Ministry said Wednesday that Ukrainian troops should surrender to save themselves in Pokrovsk, a transport and supply hub seen as a gateway to bigger nearby cities.

Major financial services firms such as Goldman Sachs, JPMorgan Chase, and Wells Fargo have expanded operations in Dallas, Texas, where the firms have thousands of workers.

CEOs of Wall Street heavyweights Morgan Stanley and Goldman Sachs on Tuesday cautioned that equity markets could be heading toward a drawdown, underscoring growing concerns over sky-high valuations.

Two once-empty Powell Street storefronts - including the long-vacant former Uniqlo flagship - are reopening through San Francisco's Vacant to Vibrant program.

State Street Investment Management is in talks to acquire a stake in an Indian mutual fund as it seeks to tap into the nation’s $900 million asset management industry, according to a person familiar with the matter.

An injured person has been taken to hospital and a town high street closed in Fife. Emergency services have closed off High Street in Newburgh, west of Cupar, on Wednesday morning following a report of a person having been injured. They have been taken to hospital. Their condition is currently unknown.

Five months after Gale Street Inn abruptly closed, the Jefferson Park institution has a new owner who plans to reopen the restaurant in December. Paulo Villabona, 50, purchased the restaurant in a deal that closed Saturday. He bought the eatery with the help of two family members, who are silent partners.