Kraft Heinz Co said it will eliminate 2,500 jobs in the United States and Canada, including about 700 at its headquarters in Northfield, Illinois. Heinz, backed by Warren Buff ..
Taxi medallion prices have declined in New York for the first time in memory as Uber has grabbed market share. Can they preserve their protected industry? ..
Greece will take steps to tackle the mountain of bad loans weighing on its banks as part of its deal with international creditors, a draft of the agreement obtained by Reuters ..
Citigroup Strategist Matt King argues that the liquidity issue is a pervasive one that expands beyond fixed income and cannot be solely attributed to shrinking bank balance sh ..
Federal Reserve policies can benefit U.S. labor markets but cannot alone solve the so-called skills mismatch between workers and employers, New York Fed President William Dudl ..
U.S. stock index futures indicated another sharply lower open on Wednesday, with Dow futures down by around 165 points after China moved to devalue its currency for a second d ..
China's move to devalue its currency reflects a growing clamor within government circles for a weaker yuan to help struggling exporters, ensuring the central bank remains ..
Already locked in its tightest trading range on record, U.S. investors are watching as rallies and retreats alternate with uncommon speed. This is happening in a market that h ..
BEIJING (Reuters) - "Tragedy" – that was Alibaba Group Holding Ltd (BABA.N) founder Jack Ma's prediction for the fate of rival JD.com Inc (JD.O) in comments pub ..
Alibaba Group Holding Ltd's revenue for the three months ended June rose 28 percent, missing analysts' estimates, with growth slowing to its lowest rate in more than ..