MARKETS / FINANCE

Goldman Sachs made millions when they sold their stake in Alibaba in 2004, but they could have made much more.

The U.S. Justice Department is spending some of the $13 billion JPMorgan Chase & Co. agreed to pay to settle claims stemming from mortgage misdeeds to quicken similar punishments against other lenders, according to people familiar with the matter, according to Reuters in an exclusive report.

"DOJ may not have the evidence to try this as a fraud case," U.S. District Judge Max Cogburn said.

11 Main is a small part of a larger plan for Alibaba to compete with Amazon and eBay.

“Cantor has been a key connection between big business and House Republicans, while his opponent campaigned against ‘crony capitalism.’”

Wi-Fi connectivity in U.S. schools may get the push it needs via proposed changes to the E-Rate program.

“Ultimately what it will come down to for a consumer is how emotionally engaged he is with one brand versus another.”

Gov. Pat Quinn signed a law banning the manufacturing and sale of beauty products that contain plastic microbeads on Sunday.

China said its fiscal May spending rose almost 25 percent in May.

The World Bank reduced its forecast for global economic growth to 2.8 percent this year, down from a January projection of 3.2 percent.

The terror organization has looted 500 billion Iraqi dinars ($429M) from Mosul's central bank, according to the regional governor.

Company's first offerings to include clothing and jewelry.

Company claims warrant violates international law.

Foreigners are buying up Italy’s top brands. For the businesses being sold, that’s not necessarily a bad thing.

Emirates was among the first buyers for the A350 rival model to Boeing's 787 Dreamliner.

Alibaba's investment in UCWeb emphasizes the company's push to do more business on mobile in the world's biggest smartphone market.

The move will have Amazon competing with review sites like Yelp and Angie's List as well as chains such as Home Depot and Lowe's Companies.

The Obama adminstration's new program gives students like Andy MacCracken some breathing room.

Though they're enjoyed by children around the world, Kinder Surprise eggs cause diplomatic and political tension. Here's why.

Private wealth ballooned globally in 2013, and flowed ever more toward the top, a report finds.

Alleged slavery in the supply chain of the world's largest shrimp farmer sheds new light on America's most popular seafood.

The EU's competition authority said last year that it was looking into corporate tax arrangements in several member states and had requested information from Ireland.

The only thing stopping a bad guy with a gun is a good guy with ... a bullet-proof blanket.

"We relish making such commitments as long as they promise reasonable returns."

In a recent labor deal, Ford announces its plan to make German car factory more affordable.

A London bookmaker has recorded its highest-ever bet on politics.

The company tried to go public in 2006 but failed to reach a deal.

The U.S. rail service wants to boost Internet speed for its Northeast Corridor trains, but with what money?

Fernando Madeira, CEO of Latin America eCommerce at Wal-Mart, will replace Anderson, according to a company memo seen by Reuters.