This city's emergency manager, in the midst of reorganizing the finances of America's most troubled large city, is threatening to take over one of Detroit's pen ..
U.S. companies are sounding the alarm on fourth-quarter earnings, lowering profit estimates just as the stock market is poised to end its best year since 1998. The ratio of pr ..
A federal judge on Friday rejected a last-ditch effort by consumers and travel agents to stop American Airlines and US Airways from merging next week, a move they fear would d ..
Top U.S. cable provider Comcast Corp has tapped JPMorgan Chase & Co for advice as it evaluates a potential bid for Time Warner Cable Inc, people familiar with the matter s ..
Walt Disney Co has gained marketing and distribution rights for any future "Indiana Jones" films under an agreement with Paramount Pictures, the studio that released ..
General Electric Co has agreed to pay as much as $18.25 million to settle a class action lawsuit accusing it of rigging bids for municipal securities, court papers filed on Fr ..
The report, which showed broad gains in employment and a rise in hourly earnings, suggested strength in the economy heading into year-end. "It will add further confidence ..
Former Goldman Sachs Group Inc trader Matthew Taylor was sentenced Friday to serve nine months in prison and pay $118 million in restitution to his former employer after he pl ..
(Reuters) - A federal judge has granted final approval to Bank of America Corp's record $500 million settlement with investors who claimed they were misled by the bank ..
U.S. stocks jumped on Friday, with the Dow and the S&P 500 snapping a five-day losing streak after a strong jobs report gave traders confidence that the economy was improv ..