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Coca-Cola said Thursday it named company veteran James Quincey as president and chief operating officer, creating a new No. 2 position in its chain of command. The world's lar ..
While Chancellor Angela Merkel's focus on careful spending as a cure for the euro zone's debt problems has made her popular at home, German consumers are borrowing m ..
The timing of a Fed rate hike is less certain after China devalued its currency this week. But it remains a question of “when” not “if.” And mortgage rates are on the rise. So ..
Analysts have cut their price targets for Alibaba Group Holding Ltd shares after the stock fell to a post-flotation low on Wednesday on weak earnings and concerns over China ..
Baxalta (BXLT.N) wants Shire (SHP.L) to improve on its $30 billion bid significantly before it will engage in talks, while its Dublin-based rival could sweeten its offer if it ..
When it comes to political bragging rights about job creation, a CNBC analysis of state level jobs data shows a slight advantage for this party. ..
The U.S. Federal Reserve will probably raise interest rates twice this year, with the first increase in almost a decade coming as early as next month, according to a Reuters p ..
Americans bought more cars, restaurant meals and building supplies in July, as the spending points to steady economic growth anchored by the improving job market. The Commerce ..
BEIJING/SHANGHAI (Reuters) - China's central bank said on Thursday there was no reason for the yuan to fall further given the country's strong economic fundamentals, ..