Hancock agreed to resign after several directors met with him to express concerns about his ability to continue improving AIG's results, while several also feared a poten ..
While that still represents growth of more than 157 percent from last year, it is smaller than eMarketer’s prior forecast in September, which had predicted more than $800 mill ..
One of the biggest mysteries in global markets so far in the Trump era is the historically low level of volatility that has prevailed despite all the turmoil and uncertainty t ..
Drugmaker Valeant Pharmaceuticals will not see any changes to its planned refinancing in the wake of billionaire William Ackman and his hedge fund Pershing Square selling its ..
Delta Air Lines has hired a consultant to assess the impact on jet fuel prices if the carrier sells or closes the Philadelphia-area refinery it purchased five years ago to kee ..
LONDON/PARIS (Reuters) - An activist hedge fund has said it objects to plans by Walt Disney (DIS.N) to take full control of debt-laden Paris theme park operator Euro Disney (E ..
Swiss watchmaker TAG Heuer, owned by LVMH (LVMH.PA), sought to appeal to tech geeks and traditionalists alike on Tuesday by launching a connected watch that lets wearers switc ..
Novartis has won U.S. Food and Drug Administration approval for Kisqali to treat postmenopausal women who have a difficult-to-treat form of breast cancer, challenging U.S. riv ..
Volkswagen (VOWG_p.DE) Chief Executive Matthias Mueller said he did not rule out he could hold merger talks with Fiat Chrysler (FCHA.MI) boss Sergio Marchionne, in a marked ch ..
NEW YORK/FRANKFURT (Reuters) - Deutsche Bank (DBKGn.DE) is replacing its U.S. chief Bill Woodley with the global head of its stock-trading business, Thomas Patrick, people clo ..