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Hans Vestberg, currently Verizon's chief technology officer, will replace long-time CEO Lowell McAdam in August. Vestberg, a former Ericsson CEO, has been in charge of building out Verizon's 4G network and developing 5G as well.

There have long been rumblings that weak profits and rising costs would spark a wave of bank mergers in Europe. But deals remain elusive.

As global tensions over trade continue to escalate, here's some important context.

A majority of companies in the S&P 500 have at least one woman on their boards, but only 25% have two.

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As the G7 countries meet in Canada, China will host India and Russia for a two-day summit.

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Apple may be worried that its next iPhones won't be as popular as its last.

Google's ties to Chinese firms, including smartphone maker Huawei, are a subject of interest for several Congress members.

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KFC will begin testing a vegetarian alternative later this year in the United Kingdom.

Everything you need to know about the deal to save a Chinese smartphone maker.

Here's what you need to know about the markets before you start your business day.

Ant Financial said it plans to use the money to step up the development of new technologies and its global expansion. It's reported to be preparing for an IPO.

The UK telecom and media group announced that its CEO is stepping down following weak earnings and shareholder skepticism over his restructuring plans.

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The International Monetary Fund is stepping in to help Argentina with a $50 billion line of credit.

Experts questioned how the deal will work, and some members of Congress vowed to try to block it.

NTSB releases initial findings in Tesla Autopilot crash probe.