The regulator for taxpayer-owned Fannie Mae (FNMA) and Freddie Mac (FMCC) unveiled a plan in which the two mortgage finance giants would have to gradually reduce the maximum s ..
Dan Akerson, who will step down as General Motors Co's (GM) chief executive next month, on Monday defended his tenure leading the No. 1 U.S. automaker and said his succes ..
Investors have been trying to gauge when the U.S. central bank will start winding down its market-friendly $85 billion monthly bond purchases, with some expecting the Fed to a ..
U.S. stocks rose on Monday after closing Friday their worst week since August as upbeat economic data and large deals boosted optimism ahead of a key Federal Reserve decision ..
BlackRock raised its stake in Telecom Italia to make it the struggling firm's second-biggest investor ahead of a vote for control, but did not say if it would side with t ..
Raoul Weil, a former high-ranking UBS banker charged with tax fraud by U.S. authorities, was ordered freed on bail of $10.5 million on Monday in federal court in Fort Lauderda ..
SHANGHAI/WELLINGTON (Reuters) - Milk powder buyers in China are starting to cut their reliance on New Zealand's Fonterra (FSF.NZ), opening the way for U.S. and European f ..
Herbalife says a re-audit of more than three years of its financial results found no material changes to its prior financial statements. ..
Greece expects euro zone finance ministers to approve the latest tranche of its multibillion bailout when they meet on Tuesday, Finance Ministry officials said, as foreign len ..
(Reuters) - Insurer American International Group Inc (AIG) said on Monday it will sell its aircraft-leasing business to AerCap Holdings NV (AER) for $5.4 billion, after four y ..