The Walton family, which founded the company more than five decades ago, owned 50.86 percent of Wal-Mart's stock as of Dec. 31 through an entity called Walton Enterprises ..
Bombardier Inc is exploring a possible sale of all or part of its railway business, which bankers value at up to $5 billion, among options to pay for huge cost overruns in its ..
Getty Images Spotify founder and CEO Daniel Ek. … Continued The post Spotify may be raising a $400 million round that would value it at $8.4 billion appeared first on Business ..
U.S. stocks closed out a strong week with a broad rally on Friday as investors lauded GE's decision to divest most of its high-risk GE Capital business and repurchase up ..
U.S. stocks advanced on Friday as blue-chip conglomerate General Electric posted its best day in six years. The broad S&P 500 ended the week up almost 2%. ..
A group including billionaire investor Bill Ackman paid $91.5 million for a duplex penthouse at Extell Development Co.’s One57 condominium tower, one of New York City’s most e ..
Crude oil prices rose 2 percent on Friday, heading for a weekly gain on lift from lowered expectations that an agreement on Iran's nuclear program will result in a rapid ..
The seemingly insatiable appetite of companies for their own stock is unlikely to be satisfied soon, even if the U.S. Federal Reserve begins to hike benchmark interest rates a ..
The company on Friday outlined a restructuring plan that includes buying back up to $50 billion of its shares, selling about $30 billion in real estate assets over the next tw ..
Nissan Motor Co and BMW AG (BMWG.DE) said on Friday they are recalling more than 165,000 vehicles globally due to potential fuel pump failures that could cause an engine to st ..