Los Angeles has dropped a lawsuit accusing Citigroup (C.N) of discriminatory mortgage lending, marking the second time a major bank has escaped claims that it steered the city ..
Volkswagen AG's (VOWG_p.DE) U.S. chief executive blamed "individuals" for using software to cheat on diesel emissions at a House hearing on Thursday as lawmaker ..
The possible tie-up between the $50 billion storage company and the privately owned computer maker, which surfaced on Wednesday, would be the largest tech deal ever and would ..
The U.S. Federal Reserve thought the economy was close to warranting an interest rate hike in September but policymakers wanted firmer evidence a global economic slowdown was ..
Billionaire bond investor Bill Gross sued his former employer Pacific Investment Management Co and its parent Allianz SE (ALVG.DE) for $200 million, saying a greedy "caba ..
Alcoa Inc reported a smaller-than-expected quarterly profit, hurt by a slide in aluminum prices that has prompted the company to separate the smelting operations from the fast ..
Volkswagen's top U.S. executive offered deep apologies yet sought to distance himself Thursday from the emissions scandal enveloping the world's largest automaker, a ..
Central banks have little room for error in a low-growth world in which over-leveraged and commodity-dependent emerging economies and a slowing China are major risks, top inte ..
U.S. stocks closed higher on Thursday as investors saw further signs of dovishness in the Federal Reserve September meeting minutes which shed light on its decision to keep in ..
Amazon is launching its site for handcrafted goods called Handmade at Amazon on Thursday, hoping to capitalize on shoppers' appetite for homemade goods ahead of the holid ..