Chicago may have to pay banks as much as $2.2 billion after Moody’s Investors Service dropped its credit rating to junk, deepening the fiscal crisis in the third-largest U.S. ..
Japan's three biggest carmakers are expanding a huge global recall triggered by potentially fatal air bags made by Takata Corp, saying on Wednesday they will take back mi ..
The White House on Wednesday praised Facebook's new minimum wage and family leave policy, which raises minimum hourly salaries for contractors to $15 per hour. White Hous ..
MUNICH/STUTTGART (Reuters) - The normally secretive family that owns BMW (BMWG.DE) broke silence on Wednesday to laud the company's seamless management transition as riva ..
U.S. retail sales were flat in April as households cut back on purchases of automobiles and other big-ticket items, the latest sign the economy was struggling to rebound stron ..
Facebook unveiled new standards for contracted workers at its vendors including a $15 minimum wage and paid time off. ..
BMW CEO Norbert Reithofer has turned over the post to successor Harald Krueger, leaving with a warning that the Chinese market that has boosted the company's profits may ..
Honey bees, critical agents in the pollination of key U.S. crops, disappeared at a staggering rate over the last year, according to a new government report that comes as regul ..
Senate Republicans rejected Democrats' call for packaging four U.S. trade bills together, including the controversial fast-track authority that President Barack Obama wants, a ..
Blockbuster real estate deals are back and breaking records as cash from around the globe pours into U.S. office buildings, apartment complexes and other investment properties ..