China has done "more than enough" to reduce capacity in its steel sector, the country's commerce ministry spokesman said on Tuesday in Beijing. Asked what steps ..
A deal could value Yum's China unit at $7 billion (5 billion pounds) to $8 billion, Bloomberg said, citing sources. The investor group also includes KKR & Co LP (KKR. ..
The once-strong link between crude-oil prices and U.S. stocks has weakened, the latest sign of the markets’ steadier footing this spring. The Dow industrials rose 107 points M ..
The Federal Reserve is set to hike interest rates more rapidly than investors currently expect, a top Fed official said on Monday, again pushing back on what he said was inves ..
Netflix said it expected to add about 500,000 customers in the United States in the second quarter that ends in June, compared with Wall Street targets of 586,000, according t ..
IBM also posted its 16th straight quarter of revenue decline. Under Chief Executive Ginni Rometty, IBM has been moving towards areas such as cloud-based services, security sof ..
Discount retailer Target Corp has started raising employee wages to a minimum of $10 an hour, its second hike in a year, pressured by a competitive job market and labor groups ..
LANSING, Mich. (AP) — Michigan Gov. Rick Snyder will drink Flint water at home and at work for at least a month to show to residents it is safe with the use of a faucet filter ..
Chevron (CVX.N) added 1.51 percent as crude oil prices steadied from earlier losses caused by the collapse of talks among major producers to tackle a stubborn global surplus. ..
U.S. District Judge Paul Crotty in Manhattan said it made sense for a California state court to handle Pimco's case, rather than have him decide, as AIG wanted, whether t ..