Pimco said on Friday Paul McCulley had stepped down as chief economist and as a managing director, a role he had assumed in May at the request of Bill Gross, who was the firm' ..
United Auto Workers President Dennis Williams told Reuters it would be an "injustice" if workers at the Detroit Three automakers don’t get a raise in contracts this ..
Bankrupt electronics retailer RadioShack Corp received court approval on Friday for its plan to try to sell the leases to more than 1,100 stores that it will close by the end ..
Net income will be about $1.8 billion in the fiscal year through October, Moline, Illinois-based Deere said Friday in a statement. Deere has cut production and laid off hundre ..
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As the technology-heavy Nasdaq Composite Index closes in on the all-time high it reached in March 2000, investors are facing a market that barely resembles the go-go era of 15 ..
The United States is fining air bag maker Takata Corp (7312.T) $14,000 per day for failing to cooperate fully with the government's investigation into the company's ..
Financial data firm Markit said its preliminary or "flash" U.S. Manufacturing Purchasing Managers Index rose to 54.3 in February, up from the January's final re ..
Greece and its European creditors on Friday sought to bridge major differences over Athens' request for a six-month loan extension that might keep it from falling out of ..
Royal Bank of Scotland (RBS.L) is likely to write down the value of its U.S. bank Citizens by about 4 billion pounds ($6.2 billion) next week, industry sources said, potential ..