Just before Bill Ackman gave a presentation on Friday to defend one of his biggest investments, Valeant Pharmaceuticals, from allegations of accounting and insurance fraud, he ..
Fiat Chrysler's U.S. sales rose nearly 15 percent last month as the auto industry steered toward its best October in 14 years. The Italian-American automaker reported sal ..
In theory, an initial public offering (IPO) is a chance for ordinary investors to share in the success of a big, growing company. Got a hunch that Uber will continue its meteo ..
Billionaire investor William Ackman's Pershing Square Holdings portfolio has lost 19 percent this year after his bet on Valeant Pharmaceuticals International soured, turn ..
BlackRock Inc.’s cash-management business has agreed to manage about $87 billion in assets for Bank of America Corp. clients as it seeks to build scale in an industry grapplin ..
Top US banks like Citigroup, Bank of America, Goldman Sachs and JPMorgan Chase, may see their credit ratings cut, with the government viewed as less likely to provide aid in a ..
It turns out the third quarter of 2015 may not have been so bad and the end of the year may see a larger-than-expected “Santa Claus” rally, according to one market strategist. ..
Shares in automaker Volkswagen are sliding after U.S. environmental officials said the company equipped more models than previously thought with software that let the cars che ..
U.S. chipmaker Avago Technologies (AVGO.O) is set to win unconditional approval by the European Union's competition regulators for its proposed $37 billion takeover of Br ..
China announced Tuesday it will allow its tightly managed yuan to trade freely by 2020, potentially easing trade tensions with the United States and other nations. Chinese lea ..