The acquisition will add well-established brands to the German company’s portfolio and make it the No. 2 laundry care maker in North America.
If allowed to merge, the combined insurer would serve major companies, which tend to buy employee coverage plans from just one or two providers, an analysis shows.
Nearly 500,000 vehicle owners were affected by the German automaker's efforts to evade U.S. anti-pollution standards.
Initial claims for state unemployment have now been below 300,000 for 68 straight weeks, the longest such streak since 1973.
The Bank of America subsidiary engaged in “complex options trades that lacked economic substance,” endangering customer deposits, regulators said.
The controversial $5.25 billion project will accommodate the world’s growing fleet of mega cargo ships and rising U.S.-Asia trade.
The ailing department store chain announced plans to bring in Jeff Gennette as chief executive, ending the 14-year tenure of Terry Lundgren.
The Brexit drama in the U.K. preoccupied investors this week, but big corporate news at home is moving stocks like Viacom and Bed Bath & Beyond.
Major indexes rallied strongly as polls indicated Britons were likely to vote to remain in the European Union.
The fast-food giant received more than half a dozen offers for its restaurants in mainland China and Hong Kong, according to reports.
Financial markets have been wracked for months by worries about what a potential Brexit would mean for Europe's stability.
Investors reacted to the open source software maker’s plans to acquire 3scale and buy back $1 billion in stock.
In April the company recalled more than 1.1 million cars and SUVs worldwide because vehicles may roll away after drivers exit.
CEO Elon Musk said an acquisition of SolarCity could make Tesla a $1 trillion company. Then Tesla lost $3 billion in valuation.
Tesla and SolarCity top the list of stocks to watch Wednesday after Elon Musk announced a deal to merge his two companies.
More businesses are embracing the subscription economy, a move with both good and bad repercussions for consumers. Here’s how to optimize your accounts.
Markets are on tenterhooks over Thursday's "too close to call" vote on Britain's future in the European Union.
The German automaker is still dealing with the aftermath of its emissions cheating scandal that led to a 40 percent drop in its share price.
The French fashion house was bought by Mayhoola For Investments, an investment fund backed by Qatar’s emir, which also owns Italian label Valentino.
Arora, who had emerged as the Japanese investment giant’s heir apparent, announced his resignation two years after he joined the company from Google.
CEO Elon Musk’s proposed $2.8 billion stock deal — to link two companies he helped launch — could become a sweet long-term play, or a massive money pit.
Sanjay Valvani, a hedge fund manager at Visium Asset Management, had faced criminal charges just days earlier.
"I think it will be a great buying opportunity for U.S. assets, from Treasuries to high-yield 'junk' bonds," Prudential's Gregory Peters said.
Software programs that big banks and financial firms use to monitor employees for legal breaches may also uncover attempts to report suspected wrongdoing.
Billionaire currency speculator George Soros said a British vote to leave the EU this week would hurt the economy worse than in 1992.
Analysts say the company is rethinking strategy in China amid cutthroat competition in the country’s e-commerce market and challenges for stores.
The People’s Bank of China said it will allow qualified foreign companies to issue shares in stock exchanges on the mainland.
Federal Reserve Chair Janet Yellen addresses the Senate on Tuesday in testimony that could cover everything from the Brexit vote to negative interest rates.
Here's why ordinary Americans aren't necessarily feeling the slowdown in medical cost increases.
U.S. exports to Britain totaled $53.9 billion in 2014, and businesses like Brooklyn Brewery are nervously awaiting Thursday’s vote.