Former Goldman Sachs Group Inc trader Matthew Taylor was sentenced Friday to serve nine months in prison and pay $118 million in restitution to his former employer after he pl ..
(Reuters) - A federal judge has granted final approval to Bank of America Corp's record $500 million settlement with investors who claimed they were misled by the bank ..
U.S. stocks jumped on Friday, with the Dow and the S&P 500 snapping a five-day losing streak after a strong jobs report gave traders confidence that the economy was improv ..
Carlyle Group LP (CG.O) is preparing an initial public offering or a sale of PQ Corp that could value the specialty chemical company at up to $3 billion, including debt, peopl ..
Chicago Fed President Charles Evans said hiring data released earlier in the day showed the economy was improving, but he wasn't fully convinced it was time to reduce the ..
(Reuters) - The fight over defunct Nortel Networks' $7.5 billion in cash will be decided in joint U.S.-Canadian court hearings and not in arbitration, a U.S. appeals cour ..
Comptroller of the Currency Thomas Curry said on Friday he hopes that early next year regulators will revisit proposed rules barring banks from using pay structures that encou ..
U.S. consumer credit rose in October at its fastest pace in five months, a positive sign for consumer spending in the fourth quarter. Total consumer credit increased by $18.2 ..
General Motors Co's (GM) decision to pull the plug on Chevrolet in Europe is one of several calculated moves the U.S. automaker appears to be making around the world that ..
Traders get encouraged by today's price action. File this under the category of just flat-out weird. ..