BUSINESS

The change is an administrative step that does not affect employees or customers, a spokesman said.

The liquidation trustee for the former retailer said manufacturers participated in an illegal price-fixing scheme.

A tumultuous 2015 ended with major indexes mostly flat amid a big drop for oil prices. Netflix and Google won big, while shares of Chipotle and Apple soured.

2015 has been a year when security concerns have dominated in many parts of the world.

Caregivers' call for approval of BioMarin's new treatment for a rare muscular disorder could sway federal regulators.

Workers were on-call 24 hours a day in mock villages with no running water or electricity, according to the lawsuit.

Here are five New Year’s resolutions that can help you achieve your savings and investment goals.

Factors ranging from the health of the job market to corporate capital allocation patterns will determine the financial course of 2016.

Downward pressure on the yuan will continue into 2016, presenting Beijing with fresh challenges in financial management.

At least 690 workers will soon lose their jobs at the Ohio-based company, according to the United Mine Workers of America.

Germany's DAX Index, which outperformed most of its global peers, ended a volatile year up nearly 9.6 percent. In 2016, the index is expected to gain 9.8 percent.

Holidays limited the damage Thursday, with many markets either closed or planning to close early.

More than 2,000 Caddy minivans have been recalled over possible spontaneous engine starts, a Russian news agency reported.

In the U.S. Northeast, warm temperatures have kept people off the slopes. But resort operators remain hopeful for busy months ahead.

Brent crude, a key benchmark, slid toward 11-year lows, dragging down Exxon and Chevron. Meanwhile, Apple shares also fell.

For those who have accumulated some savings, the housing market is looking like a logical place to build wealth.

The Wednesday announcement now opens the door to litigation from holders of the Caribbean island’s defaulted bonds.

Can the most powerful car Cadillac has ever built change the automaker's image?

A massive rupture first reported on Oct. 23 at a natural gas facility in Southern California is wasting $11.4 million worth of gas and counting.

The activist investor outbid the Japanese auto parts giant, agreeing to pay more than $1 billion for the auto repair chain.

Bank after central bank eased rates or pumped stimulus into the economy in 2015, more than 40 of them, in a bid to boost growth, fight deflation, or both. The results, though, are questionable, with many investors asking whether 2016 will be the year when ultra-loose monetary policy is seen to reach the limits of its potential.

After firing its embattled CEO — who faces securities fraud charges — KaloBios Pharmaceuticals now seeks bankruptcy protection.

The company, which had raised $39 million in financing over four years, cannot continue in its present form, co-founder Sunil Paul announced Tuesday.

The settlement wrapped up a two-year long investigation into Apple's Italian subsidiary over accusations of tax evasion.

Low productivity, ageing populations and the effects of the financial crisis are slowing growth, Christine Lagarde wrote in a German newspaper Wednesday.

The 10-nation, U.S.-backed Asean Economic Community includes four countries that are part of the Trans-Pacific Partnership.

Taxi unions in Brazil’s largest city say a proposed levy will not be enough to curb the ride-hailing company’s rapidly growing influence.

The country will sign the articles of agreement by tomorrow, to become the last of the bank’s 57 founding members.

The company failed to stop many customers from swapping mutual funds when the benefits of switching might be undermined by fees.