Ally Financial said Wednesday it will enact a layoff of less than 5% of its 11,000-employee workforce, as well as exit the mortgage-origination business, as the company is burdened by borrowers ...

Bank of New York Mellon Corp (BK) stock saw a modest uptick, ending the day at $77.96 which represents a slight increase of $0.04 or 0.05% from the prior close of $77.92. The stock opened at $78.13 ...