The World Bank on Wednesday cut its global growth outlook for this year and urged countries to "fasten their seat belts" as they adjust to lower commodity prices and ..
Taco Bell executives are studying a strange new vocabulary emerging on this side of the border — the lingo of its young customers. CEO Brian Niccol said the company features a ..
Standard and Poor's lowered its long-term sovereign credit rating on Greece to "CCC" from "CCC positive", saying the government would likely default on its commercial debt in ..
Oil rallied for a second straight day on Wednesday, with U.S. crude nearing a one-month high and gasoline hitting its highest price since November, as a big U.S. stocks drawdo ..
A decade ago, Apple Inc helped revitalize a music industry hit hard by online piracy with its iTunes Store. Now, amid a steady slump in digital downloads, the industry is hope ..
German luxury carmaker BMW (BMWG.DE) unveiled its new flagship sedan, the 7-series, touting the car's digital prowess more than the number of cylinders and repositioning ..
Chinese e-commerce company Alibaba Group Holding Ltd is aiming to more than double its transaction volumes to more than $1 trillion in five years, Executive Chairman Jack Ma t ..
The United States posted a budget deficit of $82.4 billion in May, a 37 percent drop from the same period last year, the U.S. Treasury Department said on Wednesday. The defici ..
The blue-chip Dow Industrial Average opened higher for the first time in 5 days, while the Nasdaq Composite snapped a four-day losing streak, rising the most in a month. ..
Employee misconduct in foreign exchange trading that cost Citigroup Inc $2.5 billion in fines and penalties might have made only $1 million for the bank, an executive said on ..