Viacom is also set to make a handful of executive cuts in its music and entertainment group, which includes cable networks Comedy Central and MTV and had been led by 25-year v ..
General Motors Co (GM.N) on Feb. 1 will begin a $1,500-per-month on-demand concierge subscription service for Cadillac cars and SUVs in New York, a program it hopes will expan ..
Macy's shares fell as much as 14 percent on Thursday, their biggest percentage drop in seven months. Macy's, known the world over for its flagship Herald Square stor ..
Wells Fargo's phony account scandal has spurred a top U.S. bank regulator to count sales practices as a chief risk to the country's banking system and to embark on a ..
U.S. services sector activity held at a one-year high in December as new orders surged, while the number of Americans filing for unemployment benefits fell to near a 43-year-l ..
Mexico's central bank sold dollars in Mexico and New York on Thursday to fight off the peso's nose dive to record lows amid fears U.S. President-elect Donald Trump ..
Nissan is halting joint development of luxury cars with Daimler's Mercedes-Benz, sources close to the companies told Reuters, suspending a key project in their seven-year ..
Oil prices slipped on Thursday after a surprisingly large increase in U.S. inventories of gasoline and distillates, slamming the brakes on an early rally on news that Saudi Ar ..
A dramatic rally in digital currency bitcoin came to a spectacular end on Thursday with a plunge of up to 20 percent as China's yuan rose sharply - further evidence of an ..
U.S. crude stocks fell last week as refineries hiked output, while gasoline stocks increased and distillate inventories rose, the Energy Information Administration said on Thu ..