Facebook's $19 billion purchase of WhatsApp is valuing the text-messaging service at a multiple investors currently only bestow on companies developing life-saving drugs. ..
NEW YORK/ST. LOUIS (Reuters) - Three Federal Reserve officials on Wednesday said they believe the U.S. economy is gaining traction despite a recent slowdown from severe weathe ..
Nelson Peltz's Trian Fund Management LP is renewing its campaign to split up PepsiCo Inc. The activist shareholder backed off in recent months as PepsiCo's managemen ..
Gap said the move would ultimately raise pay for 65,000 of its 90,000 American employees to $10 an hour by next year. ..
(Reuters) - Facebook Inc will buy fast-growing mobile-messaging startup WhatsApp for $19 billion in cash and stock, as the world's largest social network looks for ways t ..
(Reuters) - Tesla Motors Inc (TSLA), led by billionaire entrepreneur Elon Musk, posted better-than-expected fourth-quarter results on Wednesday and said deliveries of its Mode ..
Some Federal Reserve policy makers sought an early hike in its benchmark interest rate, after real market rates had risen higher, minutes from their January meeting showed Wed ..
Warren Buffett, speaking last April at Coca-Cola's annual meeting, warned that the beverage giant shouldn't get complacent about its success. Ten months later, those ..
NEW YORK/LONDON (Reuters) - A handful of consumer and healthcare companies including Bayer AG and Novartis are exploring a deal for Merck & Co Inc's consumer healthca ..
Stocks edged lower on Wednesday with the S&P 500 facing technical resistance near its record high, while economic data continued to be blurred by extreme weather. Minutes ..