Costco Wholesale Corp's first-quarter profit missed Wall Street estimates, weighed down by lower gasoline prices and weak foreign currencies. Profit rose to $425 million, ..
Bank Coop (BC.SW) on Wednesday became the latest Swiss bank to say it would work with U.S. officials in a crackdown on wealthy Americans evading taxes through hidden offshore ..
SYDNEY/MELBOURNE (Reuters) - General Motors Co said it would stop making cars in Australia by 2017 due to high costs and a cripplingly strong currency, fuelling fears rival To ..
A bipartisan budget deal announced in the U.S. Congress on Tuesday, though modest in its spending cuts, would end three years of impasse and fiscal instability in Washington t ..
A central bank survey out next week is expected to show Japanese business confidence improved in the three months to December as robust fiscal and household spending made up f ..
The Volcker Rule’s chief intention is to prohibit regulated banks from using customer money to trade for their own gain, but it may have many potential gray areas. ..
House and Senate negotiators, in a rare bipartisan act, announced a budget agreement Tuesday designed to avert another economy-rattling government shutdown and to bring a dose ..
Euro zone countries edged toward agreeing a plan to tackle ailing banks on Tuesday but divisions remain about key parts of the reform that is needed to underpin confidence in ..
(Reuters) - Banks and asset managers scored some small victories after U.S. regulators narrowed the scope of a provision in the Volcker rule that restricts banks' ownersh ..
U.S. banks will no longer be able to make big trading bets with their own money after regulators finalized on Tuesday a rule shutting down what was a hugely profitable busines ..