Billionaire Warren Buffett’s stock portfolio suffered another setback as Wal-Mart Stores Inc. plunged after predicting profit would decline in its next fiscal year. ..
COSATU said it supported the stance taken by the Food and Allied Workers Union (FAWU), which said on Tuesday that it would oppose the merger. "We will never allow a situa ..
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A so-called "Open Skies" deal would allow Delta and its airline partner Gol Linhas Aereas Inteligentes SA (GOLL4.SA) to apply for immunity from antitrust law and the ..
BofA has been slashing billions of dollars in costs in its commercial lending, investment banking and wealth management businesses as overnight fund rates remain near zero and ..
Despite all the debt ceiling drama, Neil Dutta, head of U.S. economics at Renaissance Macro, says the Federal Reserve has supplanted Congress as the biggest source of policy u ..
The San Francisco lender has been using its hefty balance sheet to diversify its business as it braces for a rise in interest rates to cut into demand for home loans. It is un ..
Oil eased further below $50 a barrel on Wednesday, pressured by concern a supply glut will persist and demand slow down as economic growth moderates in No. 2 consumer China. T ..
The sector has reached what one analyst called "peak negativity," underperforming the Standard & Poor's 500-stock index by the most since 1986, when the last supply side-drive ..
World No. 1 chipmaker Intel Corp gained unconditional EU antitrust approval on Wednesday for its $16.7 billion bid for Altera Corp, its largest ever acquisition. The European ..