Bank of America Corp. reported a better-than-expected rise in quarterly profit on Monday as the second-largest U.S. lender benefited from cost cuts, while higher interest rates and loan growth helped offset weaker bond trading revenue.
Walt Disney has offered concessions in an attempt to allay EU antitrust concerns over its $71.3 billion bid for Twenty-First Century Fox Inc’s entertainment assets, the European Commission said on Monday.
World markets turned tail again on Monday, as a bounceback in oil prices and rising tensions between Western powers and Saudi Arabia added to a cocktail of concerns that battered global stocks last week.
A teaser for the device released by the HTC team on Instagram suggested the phone may launch Oct. 22. It also gave a sneak peek into the new smartphone’s design.
The second-largest stock exchange in the world by total capitalization, Nasdaq is now interested in developing a platform for companies to stage security token offerings.
Sears Holdings Corp filed for Chapter 11 bankruptcy on Monday, throwing into doubt the future of the century-old retailer that once dominated U.S. malls but has withered in the age of internet shopping.
BK Global Consortium, a group led by plastic surgeon and startup investor Kim Byung-gun, became the largest shareholder of South Korean cryptocurrency exchange Bithumb for $352 million.
JP Morgan & Chase Co Chief Executive Jamie Dimon and Ford Motor Co Chairman Bill Ford canceled plans to attend a Saudi investor conference, the companies said Sunday, the latest such high-profile announcements after the disappearance of Saudi journalist Jamal Khashoggi.
China central bank governor Yi Gang said on Sunday he still sees plenty of room for adjustment in interest rates and the reserve requirement ratio (RRR), as downside risks from trade tensions with the United States remain significant.
Mexico’s Foreign Minister Luis Videgaray told his Chinese counterpart in a phone call on Saturday that Mexico’s new trade deal with the United States and Canada will not impede economic relations with other countries, according to a foreign ministry statement.
U.S. Treasury Secretary Steven Mnuchin said on Saturday that Washington wants to include a provision to deter currency manipulation in future trade deals, including with Japan, based on the currency chapter in the new deal to revamp NAFTA.
Cyber attackers stole data from 29 million Facebook accounts using an automated program that moved from one friend to the next, Facebook Inc. announced on Friday, as the social media company said its largest-ever data theft hit fewer than the 50 million profiles it initially reported.
Wall Street's 'fear gauge' is back in focus after the stock market took a beating this week, with many traders betting that the volatility won't last.
The Trump administration this week killed a contract for a project to convert plutonium from Cold War-era bombs into power, which it has said would cost tens of billions of dollars, after its supporters lost a legal battle.
Potential Tesla customers have a few days to get a full tax credit with their electric vehicle.
A panel constituted by the Indian government's Ministry of Finance would likely soon recommend the country should launch a government-backed cryptocurrency.
Soon after the U.S. announced the temporary suspension F-35 fighter jet program Thursday, the U.K., Australia and Israel followed suit.
This kind of volatility in the cryptocurrency market could indicate that more "seasoned investors" with wider portfolios were getting into cryptocurrencies, according to some experts.
Square, Inc. lost its CFO and the stock market reacted accordingly.
Rising costs for companies are worrying investors already concerned about a step down in U.S. corporate profit growth next year.
The Financial Services Agency in Japan has not approved any virtual currency licenses since December, shortly before the Tokyo-based cryptocurrency exchange Coincheck was hacked in January.
Sears Holdings Corp has started to miss payments to vendors, adding to concerns about its future.
Compared to 2017, hacks at cryptocurrency exchanges in 2018 have risen by 250 percent and with three months still left in the year, have already crossed $900 million.
Tired of being cast as the poster child for big banks behaving badly, Wells Fargo & Co has been expanding its presence in the nation's capital to convince lawmakers it has changed and talking up its charitable work in their districts.
Outgoing Twenty-First Century Fox Inc Chief Executive James Murdoch is the lead candidate to replace Elon Musk as Tesla Inc chairman, the Financial Times reported Wednesday.
Boeing Co is building the largest rocket in NASA's history but the aerospace giant's "poor performance" has resulted in an $8.9 billion price tag that is double the initial budget.
Tesla shareholder T. Rowe Price Group Inc raised its stake in the electric car maker by nearly half in the July-September quarter, according to a regulatory filing on Wednesday, an apparent vote of confidence for embattled CEO Elon Musk.
The deepest one-day selloff in Wall Street stocks in eight months has investors using the market equivalent of a dirty word: “correction.”
Switzerland’s highest court ruled on Wednesday that prosecutors cannot extend Swiss banking secrecy rules to all corners of the globe to pursue whistleblowers and other leakers at foreign subsidiaries.
Pharmacy chain CVS Health Corp won U.S. antitrust approval for its $69 billion acquisition of health insurer Aetna Inc., the Justice Department said on Wednesday, paving the way for a combination the companies say can help cut soaring U.S. healthcare costs.
