Bank of America Corp (BAC.N) Chairman and Chief Executive Brian Moynihan will once again face a shareholder vote on whether he should maintain both roles, according to the ban ..
Wells Fargo & Co's board of directors awarded Chief Executive Timothy Sloan $12.8 million for his work last year, a 17 percent increase, despite scrapping executive b ..
U.S. stocks rose sharply on Wednesday after the Federal Reserve raised interest rates for the second time in three months, as expected. The Fed, which raised its target rate b ..
DETROIT/WASHINGTON (Reuters) - President Donald Trump on Wednesday ordered a review of tough U.S. vehicle fuel-efficiency standards put in place by the Obama administration, h ..
General Motors Co plans next year to rehire 500 Michigan assembly plant workers who are to be laid off in May, citing increased demand for larger vehicles, the company said on ..
Tesla Inc (TSLA.O) said on Wednesday it expects to raise about $1.15 billion from a stock and senior notes offering, an infusion of needed capital as the electric car maker en ..
Jeffrey Gundlach, chief executive officer of DoubleLine Capital, said on Wednesday he expected a short-term rally in U.S. Treasuries and that investors should "use the st ..
The U.S. Federal Reserve raised interest rates on Wednesday for the second time in three months, a move spurred by steady economic growth, strong job gains and confidence that ..
Odebrecht's Peruvian unit might not be able to pay creditors and suppliers starting next month after $30 million of its local assets were seized by authorities to ensure ..
The top executive of automaker Fiat Chrysler Automobiles NV said on Wednesday that he has "zero interest in pursuing" merger talks with his counterpart at Volkswagen ..