Swedish truck maker Volvo will cut around 3,000 staff as part of a savings plan to boost profitability, business daily Dagens Industri said on Tuesday. The company, based in t ..
Pacific Investment Management Co can withstand additional outflows of about $300 billion to $350 billion over the next two years before its portfolio management operation is i ..
The Dow and S&P 500 eked out a fifth session of record closing highs on Tuesday, barely extending the market's recent rally in light volume as consumer discretionary ..
Bill Ackman partnered with another hedge fund to buy a 10 percent stake in animal health company Zoetis, Dow Jones reported. ..
Gold bugs are having flashbacks of the late ‘90s. But it’s not Seinfeld on their minds. It’s the sobering realization that gold is about to do something depressing. ..
Despite General Electric Co's impending sale of its appliances business, the company is not abandoning the consumer. "Our future is more industrial, more commercial. ..
Benchmark Brent crude closed down on Tuesday after setting a four-year low and coming close to testing the psychologically important $80 a barrel support, as traders continued ..
The bear market in gold has cut deep enough that investors are anticipating how an ugly capitulation phase might play out. ..
WASHINGTON/MEXICO CITY (Reuters) - AT&T's $1.7 billion agreement to buy Iusacell, Mexico's No. 3 cellular operator, puts it in the unfamiliar position of market ..
The National Highway Traffic Safety Administration (NHTSA) has opened a preliminary evaluation into the failure of electric power steering in certain 2013 Accords made by Hond ..