Nike Inc , the world's largest sports shoe company, said Chairman and co-founder Phil Knight would step down next year. Knight recommended that Chief Executive Mark Parker suc ..
Greece asked for a fresh two-year rescue deal with the European Union on Tuesday in a final roll of the dice just hours before its current bailout expires and it misses a crit ..
Virgin Atlantic Airways Ltd , owned by its British billionaire founder Richard Branson, is cutting about 500 jobs as it seeks to reduce costs and improve its financial resilie ..
Greece, hours from missing a 1.6 billion euro ($1.8 billion) payment due to the International Monetary Fund, submitted a new aid proposal to its creditors, calling for debt re ..
"We’re going to pick up the pace in the third quarter," GE Capital Chief Executive Keith Sherin told Reuters in an interview. GE, which is shedding $200 billion in f ..
The 5th U.S. Circuit Court of Appeals in New Orleans agreed with a lower court judge's decision last June to throw out the defendant Kurt Mix's December 2013 conviction. U.S. ..
The S&P 500 capped the first six months of the year up just 0.2%, the worst first-half performance for the broad-market indicator since 2010. ..
Oil prices bounced from three-week lows on Tuesday, with U.S. refined fuel trading leading the rally on bets for strong summer demand, even as Greece's move toward a debt ..
China placed a landmark order on Tuesday for dozens of wide-body jets from Airbus in a multi-billion-dollar deal that paves the way for a second European aircraft plant in the ..
U.S. stocks held in a narrow range, attempting recovery from the worst trading day of the year, as the deadline for Greece repayment approached. ..
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