(Reuters) - The United States rejected Fairholme Capital Management's recapitalization proposal of Fannie Mae and Freddie Mac, saying the only way to revamp the home loan ..
A U.S. congressional panel on Wednesday approved a bill targeting patent "trolls," companies that buy or license patents from others and then aggressively pursue lic ..
Investigators are hitting a wall in an insider-trading probe of how a government funding decision made its way to investors before it was officially released, according to peo ..
Eton Park, one of the year's best-performing hedge funds, plans to lower management fees and create a more liquid share class, in a rare change at a fund so popular at it ..
Honda Motor Co Ltd has high hopes for its hydrogen fuel cell vehicle and its advanced technology to reduce tailpipe emissions, although the Japanese carmaker concedes consumer ..
Activity in China's vast factory sector grew at a milder pace in November as new export orders shrank, a preliminary survey showed on Thursday, bolstering expectations th ..
The United States automotive industry will move into the slow lane in 2014 as fewer buyers replace aging vehicles and growth drops to half this year's rate, the head of T ..
Prominent hedge fund advisor Ezra Zask pleaded guilty to possession of child pornography in a New York court on Wednesday, avoiding jail time for the charges. The founder of h ..
Ford Motor Co (NYS:F) is preparing to launch its Mustang coupe overseas for the first time, betting that the romance of the iconic American car will draw more consumers to its ..
Goldman Sachs Group Inc lost more than $1 billion on currency trades during the third quarter, recent regulatory filings show, offering some insight into why the firm, conside ..
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