Fewer people sought U.S. unemployment benefits last week as employers remain confident enough in the economy to hold onto their staffs. The Labor Department said Thursday that ..
Under Corbat, who replaced Vikram Pandit as CEO in 2012, Citi has been selling retail operations in several countries, shrinking its U.S. branch network and disposing of non-c ..
You know the world is in trouble when investors look to the oil industry for safety. Oil stocks, the worst performing shares in the world, are starting to lure investors, with ..
E-commerce company eBay Inc reported a 7 percent jump in net revenue, boosted by higher demand in the PayPal Holdings Inc payments business it plans to spin off on Friday. The ..
Investor focus has returned to corporate "stories," especially in tech - a welcome relief from the macro dramas dominating the news in recent weeks. ..
Goldman Sachs says its second-quarter profit slumped by half on legal costs. Net income fell to $916 million from $1.95 billion a year earlier, the bank said Thursday. That wa ..
Japan's benchmark stock-market average climbed on Thursday after the Greek parliament approved a bailout plan. ..
French luxury goods maker LVMH will launch a rival product to Apple Inc's Apple Watch costing 1,400 euros ($1,526), Jean-Claude Biver, President of the LVMH Watch Divisio ..
Investors in British luxury brand Burberry (BRBY.L) overwhelmingly backed boss Christopher Bailey's multi-million pound pay package on Thursday, a reversal from last year ..
A gauge of the dollar rose to a three-month high against its major peers after Federal Reserve Chair Janet Yellen reiterated the U.S. is on track to raise interest rates this ..