The U.S. Federal Reserve's long-stalled 'liftoff' of interest rates may finally get airborne this year as policymakers from Chair Janet Yellen on Friday to regi ..
Neiman Marcus Group LLC [NMRCUS.UL] is in no immediate risk of bankruptcy, the sources said. Neiman Marcus did not immediately respond to a request for comment, while Lazard d ..
PARIS/LONDON (Reuters) - France's PSA Group (PEUP.PA) struck a deal with General Motors (GM.N) to buy the U.S. carmaker's loss-making Opel division, two sources with ..
Like other traditional U.S. media companies, NBCU is pushing more into digital media, and over the past 18 months it has invested $400 million in online publisher Buzzfeed and ..
"The Commerce Department has enforcement responsibilities both on imports and on exports, so it's an important part of our function," Ross said on CNBC. One of ..
Daimler AG (DAIGn.DE) said it will recall one million newer-model Mercedes-Benz vehicles worldwide due to the risk of fire, after 51 fires were reported. "Any affected ve ..
The U.S. International Trade Commission said on Friday it had made a final finding that the U.S. industry was being harmed by the dumping and subsidization of imports of carbo ..
Hudson's Bay's challenges in putting together a firm offer are a blow to the ambitions of its majority owner and Executive Chairman Richard Baker, who built a retail ..
Volkswagen's luxury division Audi is recalling 681,000 cars in China to fix coolant pumps that could overheat, a spokesman said. The measure is part of a global recall af ..
LONDON/NEW YORK (Reuters) - David Harding, founder of one of the world's biggest hedge funds, on Friday defended his firm against Warren Buffett's criticism of hedge ..