(Reuters) - Department store chain J.C. Penney Co Inc said it received a letter of inquiry from the U.S. Securities and Exchange Commission, seeking an explanation on the comp ..
Illicit activity is rising in the virtual currency market, where there is an increasing amount of real money but few rules and even less oversight. ..
General Motors Co (GM) has decided to pull out of vehicle production in Australia as early as 2016, local media reported on Friday, in what would be a major blow to the strugg ..
The White House’s beleaguered attempts to woo young people into buying into the new health care law just hit another snag: The ‘young invincibles’ just aren’t that into it. Mo ..
Deutsche Bank, which is quitting trading in most raw materials markets, will retain its near $9 billion commodities index fund business, a strategy industry experts said helps ..
Disgraced ex-Tyco International Ltd chief executive Dennis Kozlowski, who was granted parole this week after serving an eight-year prison sentence, said simple greed had led h ..
A former Dell Inc supply manager who cooperated with government insider trading investigations, including a probe of a portfolio manager at SAC Capital Advisors, avoided priso ..
A U.S. judge is considering an alternative that could result in Bank of America Corp paying much less than the $863.6 million the government is seeking as a penalty for the sa ..
Several major U.S. retailers posted disappointing sales for November after shoppers remained cautious about spending, the latest sign that the holiday season is shaping up to ..
Giant Mexican telco America Movil and broadcaster Televisa, the two companies likely to be most affected by the country's telecoms reform, said on Thursday the regulator ..