Citigroup Inc said it would pay $1.12 billion to settle legacy securities and other claims and incur a related charge of $100 million in the first quarter. The bank reached th ..
Ford said that rusting could occur in vehicles used in high-corrosion environments, particularly those areas where salt was used on the roads to melt ice. The company also sai ..
A 2010 email written by Steven P. Jobs, which Samsung lawyers obtained as evidence to present to jurors, provides an outline that provides several tidbits about how Apple tick ..
General Motors, which has recalled 2.6 million cars for faulty ignition switches that caused air bags to deactivate, may also have a defect in air bags in 2003 to 2010 Chevrol ..
Huang Xingguo took a job as a cashier at a new Walmart store in his hometown in southern China for a steady paycheck and the prospect of upward mobility after a string of sale ..
U.S. stocks fell on Monday, putting the S&P 500 on track for its biggest three-day drop in two months, as investors rotated into defensive names to protect against further ..
It is cold comfort for Michael Corbat, but Citigroup's capital-return debacle at least provided one thing: a useful reminder of how sensitive banks remain to leverage, an ..
A new organization called the Coalition for Mortgage Security launched a campaign on Monday calling for winding down Fannie Mae and Freddie Mac in a way that does not harm the ..
Thirteen investment banks, including Citigroup, Goldman Sachs and Deutsche Bank, will fight EU charges of blocking exchanges' access to the credit derivatives market at a ..
Stocks dipped as investors worried there was little proof the economy could grow enough to counterbalance the Fed's reversal of its easy money policy. ..