Most of the job cuts will be in the phone hardware business, underscoring the company's shift in focus to software and cloud from hardware. About a third of the layoffs w ..
Major shareholders of top Chinese banks including ICBC, and companies including Sinopec, have pledged to either maintain their holdings or increase their stakes in the listed ..
U.S. stocks traded sharply lower on Wednesday as continued concerns about Greece and the extended selloff in the Chinese market pressured investor sentiment. ..
All United Continental flights in the U.S. were grounded temporarily Wednesday due to computer problems. Less than two hours later, United requested the Federal Aviation Admin ..
Barclays (BARC.L) Chairman John McFarlane has fired the British bank's chief executive after he had lost the support of non-executive directors in a clash over style and ..
Wal-Mart Stores Inc (WMT.N) has partnered with manufacturer database operator ThomasNet to help its vendors find U.S. suppliers to manufacture their products, the companies sa ..
U.S. conglomerate General Electric (GE.N) has just over a week to offer concessions and head off EU regulatory concerns about its 12.4-billion-euro ($13.7 billion) bid for Als ..
Microsoft announced plans Wednesday to restructure the company's phone hardware business and to cut up to 7,800 positions. ..
India and the United States will sign a tax information sharing agreement on Thursday, under a new U.S. law meant to combat offshore tax dodging by Americans, two Indian gover ..
JPMorgan Chase & Co (JPM.N) has agreed to pay at least $125 million to settle probes by U.S. state and federal authorities that the bank sought to improperly collect and s ..