The U.S. economy grew faster than initially estimated in the third quarter but weak demand and a pile-up in business inventories buoyed the case for the Federal Reserve to kee ..
FRANKFURT/DETROIT (Reuters) - In a strategic about-face, General Motors (GM) will drop the Chevrolet brand in Europe by the end of 2015 after it failed to build significant ma ..
Airbus and Boeing look set for a photo finish in their annual order race this year, but Airbus was well in front of its rival in the first 11 months as negotiators work out th ..
Hedge fund Hayman Capital Management LP sold all its shares in J.C. Penney but still holds the ailing retailer's debt, fund manager Kyle Bass told Bloomberg TV on Thursda ..
The British government said it plans to close tax loopholes used by hedge fund managers as it seeks to show it is forcing the rich to share the burden of tough austerity measu ..
Fast-food workers in hundreds of cities across the United States kicked off a day of strikes and rallies on Thursday to demand a higher minimum wage. The largest job actions w ..
Finance minister George Osborne celebrated a sharp turnaround in Britain's economy as vindication of his austerity push on Thursday, but said he would not relax his grip ..
Shopping at Walmart (WMT) stores across the United States reached a fever pitch at 6 p.m. Thanksgiving Day, when employees across the United States ripped the plastic off door ..
Fast food workers in 100 cities are walking off the job today protesting their low wages. Here are three reasons they shouldn't be paid more. ..
By Sakari Suoninen and Eva Taylor FRANKFURT (Reuters) - The European Central Bank is ready to take fresh policy action to support the euro zone economy but has not yet worked ..