Yahoo announced last week about a tax-free spinoff of its 15 percent stake in China's Alibaba into a newly formed independent registered investment company responding to ..
Disney shares rose 4.4 percent to $98.23 in after-hours trading on Tuesday. The stock reached record highs in recent months on strong performances across its TV networks, them ..
Brazilian President Dilma Rousseff will replace the chief executive and other senior managers at state-run oil company Petrobras this month in an effort to turn the page on a ..
Smucker, known for its peanut butter, jam and Folgers coffee, is betting on rising pet ownership in the United States, a trend that has already attracted interest from investo ..
Federal Energy Regulatory Commission (FERC) and Commodity Futures Trading Commission (CFTC) had notified BP of the action in November last year, and are currently "invest ..
Oil prices were holding hefty gains in Asia on Wednesday having rallied 19 percent in just four sessions, while the U.S. dollar nursed big losses as a revival in risk appetite ..
DuPont hosted the interviews at its Wilmington, Delaware, headquarters last week, the people said, asking not to be identified because the meetings were confidential. Represen ..
Negotiations were getting underway late on Tuesday between Royal Dutch Shell Plc (RDSa.L) and union leaders over a new wage contract for U.S. refinery workers who have been on ..
Brazil's President Dilma Rousseff accepted an offer by Petrobras Chief Executive Officer Maria das Graças Foster to step down this month, setting in motion a plan to repl ..
Walt Disney revealed stronger-than-expected fiscal Q1 results as the entertainment giant enjoyed higher traffic at its amusement parks and continued sales stemming from hit mo ..