Winter Storm Coats Parts of South, Heads Toward New England

A winter storm that left a glaze of ice and snow across portions of the South and is being blamed for at least three deaths has turned its attention to New England, where travel conditions have already become treacherous and a chain-reaction accident on a Connecticut road involved nearly two dozen cars. Before the storm churned north along the Atlantic coast, it left icy conditions in Alabama and Mississippi, where a former governor was hospitalized after he slipped and fell on his icy driveway.

Marchionne Enters Final Push to Free Fiat Chrysler From Debt

Sergio Marchionne enters the final stretch of his career at Fiat Chrysler Automobiles NV with a daunting mission: prove wrong the doubters who question how he can make the carmaker’s $5.29 billion in debt disappear by the time he steps down in two years. His strategy update will be a closely watched presentation next week at the Detroit motor show, particularly as Fiat Chrysler won’t be unveiling new models at the annual event.

Credit Suisse May Not Need IPO to Bulk Up Buffers, Herro Says

Credit Suisse Group AG may not need to sell stock in its Swiss unit to raise capital after the bank resolved a major legal issue, according to Harris Associates, one of its biggest investors. The bank announced in December that it would pay more than $5 billion to end a years-long U.S. investigation into the role of its mortgage securities business in the 2008 financial crisis.

Goldman’s Donovan Said to Be Top Contender for Key Treasury Post

Goldman Sachs Group Inc. banker Jim Donovan is the front-runner to be Donald Trump’s pick for undersecretary of domestic finance, a key position in the Treasury department, according to a person familiar with the decision. If chosen and confirmed Donovan would be the fourth appointee with ties to the investment bank tapped to serve in the president-elect administration, and would be responsible for coordinating policies on banking, capital markets and regulation, and managing the issuance of the country’s debt.