A JC Penney Co shareholder on Tuesday sued the struggling retailer over its surprise decision to issue more than $810 million of stock to shore up liquidity, which led to a st ..
The company that owns New York City's Empire State Building skyscraper priced its initial public offering at $13 a share on Tuesday, a price on the low end of the expecte ..
Online document-sharing site Scribd is taking a page from Netflix's success story as it sets out to create the world's largest subscription service for digital books ..
The partial shutdown of the U.S. government would probably not buy the U.S. much more time to raise its limit on borrowing in order to avert a default on the nation's obl ..
U.S. stocks rose on Tuesday as investors appeared confident that the first partial government shutdown in nearly two decades would be short-lived. ..
U.S. consumer demand for new vehicles cooled slightly in September, as expected, as Ford Motor Co topped analysts' expectations, but General Motors Co fell short. The ann ..
MoneyGram International Inc has decided to remain public after talks with private equity firms over a leveraged buyout did not result in an offer in line with its expectations ..
Even when “the markets” purportedly freak out over exasperating political headlines and the impassivity of Congressional adversaries, only a tiny cohort of traders presumes to ..
The U.S. Postal Service has defaulted on a $5.6 billion payment for retiree health benefits that was due on Monday, just as the Postmaster General had warned it would. ..
Merck & Co, taking a cue from rival drugmakers that have slashed research spending to bolster earnings, said it will cut annual operating costs by $2.5 billion and elimina ..