BUSINESS

The former pharmaceutical executive was hammered by U.S. lawmakers in a Thursday morning hearing.

As Congress grills pharma executives — including former Turing CEO Martin Shkreli — on how they set prices for prescription drugs, here are some potential fixes.

The German automaker, paying the price for its emissions-cheating scandal, saw sales in Britain dip for a fourth consecutive month.

Speculation over a hold on Federal Reserve interest rate hikes and big gains in crude oil prices pushed global markets and U.S. stock futures up Thursday.

Big financial agencies have scaled back their investment banking divisions in recent months amid tougher capital requirements and a slump in revenue. 

Shell’s profits slumped to $3.8 billion last year from $19 billion in 2014, as the company felt the brunt of the collapse in oil prices.

After an accounting scandal last year, the Japanese company has been working hard to exit some of its unprofitable ventures.

Company shares soared following news about the bidding war between Foxconn and a Japanese government-backed fund for the electronics company.

The Japanese automaker recalled some 2008-2010 Accord models in the U.S. after discovering issues with an electrical unit that controls the release of air bags.

Cheaper crude prices are a potential obstacle for U.S. clean energy development, but so far the sector is growing undeterred.

Oil saw one of its biggest gains in months. Higher oil prices would help energy companies and the many industries that supply them. 

Researchers have reached different conclusions on how the Trans-Pacific Partnership, signed Wednesday, will affect jobs.

About 10.2 billion shares changed hands on U.S. exchanges Wednesday, above the 9.2 billion recent daily average.

Even if you don't expect cash back this year, experts say there are many good reasons to send in your return early.

After more than a decade, the Japanese automaker realized its car designed for the U.S. market is not catching on with young drivers.

Stronger capital controls might be the best option to halt the yuan’s fall, but it would still entail a tremendous loss of face.

Meanwhile, a portion of General Motors' fourth-quarter profit is attributable to a $3.2 billion tax benefit from its European operations.

The scandal-plagued German automaker has submitted a plan to fix 80,000 recalled diesel-powered SUVs and sedans that emit up to nine times the legally allowable amount of pollution, California and federal environmental officials say.

Most people receiving public aid are working and low pay is the likely explanation for why people are on welfare, Medicaid or food stamps, new research suggests.

The burrito chain suffered a 30 percent drop in sales in December, compared with the prior year, as customers fled in the wake of the company’s food safety woes.

The chief executive of the world’s largest asset manager has railed against the idea of focusing on quarterly revenue ahead of long-term growth. Can executives fix the problem by themselves?

The San Francisco bank announced that it settled with prosecutors over claims of "reckless" federally insured mortgage origination practices.

The company announced cost-cutting plans Wednesday, due to rising regulatory costs and increased competition.

Investors rushed to safe havens such as gold and bonds as most world markets extended Tuesday's losses.

The Swiss watchmaker's sales declined for the first time in 6 years, down 3 percent in 2015.

If completed, the deal announced Wednesday would be China’s most ambitious foreign takeover to date.

Stringent cost cuts helped the world’s largest PC maker post a surge in quarterly profits even as sales declined for the first time in over six years.

Japan's Nikkei, South Korea's KOSPI, Singapore's STI and  Australia's ASX 200 were all lower in early Wednesday trading.

The company said it intended to fully cooperate in an investigation by the U.S. attorney's office for the Central District of California.