What's News US
Updated: 2 years 8 months ago
The balance of power at one of Germany's oldest industrial companies shifted as ThyssenKrupp's largest shareholder relinquished control over the company and an activist shareholder raised its stake.
The world's largest gold mining company is set to announce the appointment of Ned Goodman to its board and Jim Gowans as chief operating officer.
Japan's Nikkei led Asian stock markets lower Wednesday as the yen regained some lost ground, while the Australian dollar fell sharply after the country's disappointing third-quarter growth data.
State legislators passed an overhaul of the state retirement system, cutting benefits for public-sector workers and retirees that sets up a court battle with organized labor.
Big banks have been retrenching from the mortgage business recently, leaving smaller players to pick up larger chunks of business.
Investors are turning on the Canadian currency, as the country's economy falls back to earth.
The German luxury car maker is taking sales to the Web in its home market to widen its reach beyond its traditional dealer showrooms and to appeal to younger buyers.
SpaceX successfully blasted its first commercial payload into space, establishing itself as a low-cost alternative to legacy satellite-launch providers backed by U.S. and foreign governments.
The high court heard arguments Tuesday in a case involving a rabbi who was kicked out of a frequent-flier program for what the airline deemed was "abuse" of his membership.
Investors who decided to exit Edward Lampert's hedge fund this year got paid in Sears stock. The move reduced Lampert's stake in the company to 48.4% from 55.4%.
Former Tyco CEO L. Dennis Kozlowski is set for parole early next year following his 2005 criminal conviction and imprisonment for looting the company.
Microsoft transaction is the largest combined dollar- and euro-denominated investment-grade corporate bond deal in more than a decade.
Westfield Group said it was spinning off its Australian and New Zealand malls in a bid to unlock value for shareholders.
The struggling retailer also said online sales were well ahead of year-earlier levels.
A Florida jury has awarded the home builder $1 billion in its civil lawsuit against a developer who Lennar alleges ran a smear campaign against it.
European antitrust authorities are set to hit several banks with heavy fines as soon as Wednesday for allegedly colluding to rig interbank lending rates, people familiar with the matter said.
Jon Horvath, a former SAC Capital analyst, named in court two people who he said were sources of illegal stock tips at technology companies.
BJ's Wholesale Club Inc.'s private equity owners have expressed interest in buying Hess Corp.'s gas stations.
Oil minister says Iraq is close to agreeing to sharp cuts in production targets with major Western oil companies
The Commodity Futures Trading Commission will vote next Tuesday on the rule, which aims to prevent banks from making risky bets known as proprietary trading.