The ruble plunged more than 11 percent against the dollar on Tuesday in its steepest intraday fall since the Russian financial crisis in 1998 as confidence in the central bank ..
American Apparel Inc has officially fired its founder and former Chief Executive Officer Dov Charney, months after it suspended him for misconduct, according to a news release ..
After swinging sharply between gains and losses, U.S. stocks closed Tuesday to the downside as retail and tech stocks suffered. ..
America's government-controlled mortgage finance giants, Fannie Mae and Freddie Mac, will likely guarantee a shrinking share of new loans over the next decade, congressio ..
Vanguard Group became the largest U.S. fund manager by assets by persuading investors that they don't need to pay for a stock picker. Yet a funny thing happened along the ..
The Federal Reserve is set to reveal its latest policy statement Wednesday, and the central bank could be poised to remove a phrase indicating it won't raise rates for a ..
As Russia's economy unravels investors are getting an eerie feeling that a 1998 style global meltdown is not out of the question. ..
Citgo Petroleum Corp, Venezuela's U.S. oil refining unit, has received revised bids from at least four bidders, some which have valued the company at more than $10 billio ..
Apple confirmed on Tuesday that it has taken down its online store in Russia due to extreme fluctuations in the value of the rouble. It said in a statement that it is currentl ..
Airbus Group on Tuesday announced the resignation of the no.2 at its planemaking unit, Chief Operating Officer Gunter Butschek, after 2-1/2 years in the role. Butschek will be ..