As China undergoes a painful rebalancing of an economy that accounts for 16 percent of global GDP - up from below a tenth a decade ago - the International Monetary Fund predic ..
Thain, who headed Merrill Lynch before it was sold to Bank of America Corp (BAC.N) at the height of the financial crisis, told Reuters his work at CIT is done after a series o ..
EBay, whose shares were up 8.5 percent after-hours on Wednesday, faces intensifying competition from rivals such as Amazon.com Inc as well as from retailers such as Wal-Mart S ..
U.S. stocks fell on Wednesday as a sharp drop in Valeant Pharmaceuticals hit the healthcare space, while the energy sector dropped along with oil prices. Valeant Pharmaceutica ..
Lululemon Athletica Inc (LULU.O) said on Wednesday that its chief product officer is leaving after just two years with the premium yogawear retailer, which has struggled in re ..
SanDisk shares hit a high of $78.50 on Wednesday, but closed nearly $10 below the offer price of $86.50 in cash and stock, a fact that analysts attributed to the deal's c ..
Valeant Pharmaceuticals International Inc's stock plunged as much as 40 percent on Wednesday after an influential short-seller accused the company of using specialty phar ..
SINGAPORE/BEIJING (Reuters) - China's first domestically designed passenger jet will be delivered without U.S. certification, a potential dent to both the aircraft's ..
U.S. stocks closed lower on Wednesday after a late-afternoon slide erased modest gains made earlier in the day. The decline added to the market's losses from the day befo ..
The company's net income attributable to common shareholders fell to $1.23 billion, or $1.24 per share, in the third quarter ended Sept. 30, from $1.47 billion, or $1.40 ..