New York-based Ziff Brothers Investments plans to gradually shut down its U.S. hedge fund, the Wall Street Journal reported on Thursday. Other money could be shifted to Ziff B ..
American International Group reported a better-than-expected third-quarter operating profit, helped by strong growth in its property and casualty business. ..
The group that owns thousands of former Nortel patents filed a barrage of patent lawsuits on Thursday against cell phone manufacturers including Google, the company it outbid ..
The Container Store Group Inc. has priced its initial public offering of 12.5 million shares at $18 each, above the expected range of $14 to $16. ..
Exxon Mobil's profit is down 18 percent from last year, but the oil and gas giant is still making nearly $8 billion in three months. ..
The top shareholder in Monte dei Paschi dei Siena (BMPS.MI) is open to the idea of a merger of the troubled Italian bank with another financial group, preferably "of an i ..
LONDON—Credit Suisse Group AG said a London trader within its investment bank racked up nearly $6 million in losses that haven't previously been made public. The losses were s ..
Warehouse retailer BJ's Wholesale Club (BJ.UL) is tapping the wide open credit markets for the second time in slightly over 12 months to finance a distribution to its sha ..
Obamacare is basically a start-up system consumers experience through a technology innovation — the website. It’s hardly surprising there have been some snafus. ..
U.S. stocks fell on Thursday on caution a day after the Federal Reserve kept its economic stimulus in place but failed to match some market expectations of extending accommoda ..