BUSINESS

The rock star revolutionized music, fashion and art — but he also set a precedent with a new type of lucrative financial product.

Macroeconomic tweaks and regulatory reforms are needed to bring China's markets in line with those of other nations, experts say. Will the changes happen?

One of the largest U.S. coal producers — seeking to cut $4.5 billion in debt — filed for bankruptcy protection Monday as the industry continues to suffer.

Public universities keep betting on extravagant football programs and stadiums, but the investments rarely pay off — as taxpayers frequently find out.

In the era of the crossover SUV, Fiat Chrysler wants to redefine what it means to own a family hauler.

Starboard Value LP wants Macy’s to support cost cutting with real-estate deals to bolster its cash reserves, the Wall Street Journal reported.

The deal makes the drugmaker one of the world’s leading rare disease specialists and comes after an offer in August collapsed.

The 2016 North American Car, Truck/Utility of the Year Awards kicked off the two-week annual auto expo.

The announcement comes a month after the biggest deal in the company’s history was nixed due to antitrust concerns.

The remedies China needs to stabilize its currency and solidify the basis for strong growth are really trade-offs in disguise.

The deal increases to about $9 billion the value of Alcoa's 2015 aerospace supply contracts.

A top government adviser expressed doubts if the country could meet its growth target, even as stock markets fall again.

The purchase marks the biggest acquisition by Chinese investors in Germany, according to a ChemChina statement.

Russian President Vladimir Putin said the fall of the Berlin Wall did not unite Europe by any means.

The bank would expand at a much faster pace in the next 10 years compared to its growth in the region so far, CEO Sergio Ermotti said.

West Texas Intermediate dropped more than 2 percent in early Monday trading before edging back.

The Monday openings follow a dramatic "circuit breaker" pause in trading on Thursday.

After a dismal week for Wall Street, Asian share markets faced a testing time on Monday.

Volatility in China and weak oil prices are expected to have hurt the revenues of America’s biggest banks.

Although the fourth-quarter profit in the consumer-discretionary sector may have advanced 8.4 percent, that figure is well below the 13.6 percent growth forecast only three months ago.

A host of online videos posted by Tesla drivers showed near-misses on the road with Autopilot, apparently prompting the company to curb its functionality.

Analysts anticipate the country will act to prevent running down its foreign-exchange reserves the way it did last month.

ECB forecasters and economists expect the eurozone economy to grow at a slightly faster pace this year, around 1.7 percent.

Juniper Networks will ship updates of security software it believes was inserted by the government for eavesdropping on users.

A German newspaper reports engineers have come up with a catalytic converter to put in vehicles that were outfitted to fake emissions tests.

Although VW says 8.5 million of the 11 million vehicles with banned software are in Europe, no authority there has ordered any penalties to date.

“Star Wars: The Force Awakens” broke records in China with an estimated $33 million in ticket sales on its first day in the country, Walt Disney Co. says.

Investment has been highly concentrated in California and a few other places, but angel investors and state-sponsored funds are changing that.

Since entering the Chinese auto market a decade ago, Acura has struggled, selling a little more than 4,000 cars there last year, compared with Audi’s 554,000 and BMW’s 460,000.