U.S. online lender Western Sky Financial LLC has agreed to pay a $1.5 million penalty and provide refunds to New York borrowers on loans for which it charged interest rates as ..
China's top lender will help bail out investors in a troubled high-yield investment scheme, local media said on Friday, in a move that risks reinforcing the view among Ch ..
When Pimco co-founder Bill Gross' heir apparent abruptly stepped down this week, the news illustrated just how reliant the company is on its star manager, an uncomfortabl ..
Whistle-blower suits claim Health Management Associates tried to inflate its Medicare and Medicaid payments by admitting more patients. ..
Samsung Electronics Co Ltd posted its first decline in quarterly profit in two years, hit by one-off special bonus as well as slowing smartphone sales as it braces for a year ..
Goldman Sachs Group Inc. is planning to ban traders from using some computer-messaging services in a bid to protect proprietary information at the heart of its sales-and-tradi ..
Morgan Stanley (MS) Chief Executive James Gorman received a $4.9 million stock bonus for his performance in 2013, up 86 percent from the year before, according to a regulatory ..
"As capital costs rise and investment slows, commodity prices should come under pressure, boding poorly for economies linked to China's old growth model," Morga ..
General Motors Co's (GM) new chief executive, Mary Barra, said on Thursday she has no plans to deviate from predecessor Dan Akerson's strategy as the No. 1 U.S. auto ..
Activist investor Carl Icahn picked up another $500 million of Apple Inc shares on Thursday, taking his total investment in the iPhone maker to $3.6 billion. ..