NEW YORK CITY

U.S. department store operator Macy's Inc forecast earnings for the fourth quarter, which includes the crucial holiday shopping season, far below Wall Street expectations on Wednesday, sending shares down 8.1 percent.

American International Group Inc Chief Executive Robert Benmosche said he and the company's board are frustrated about restrictions on pay and are in discussions with the U.S. government about them, according to an employee letter obtained by Reuters.

Department store operator Macy's Inc forecast earnings for the fourth quarter, which includes the crucial holiday shopping season, far below Wall Street expectations on Wednesday, sending shares down 7 percent.

Department store chain Macy's Inc reported a narrower-than-expected quarterly loss on Wednesday, pointing to strong sales at its Bloomingdale's stores and online.

Department store operator Macy's Inc forecast earnings for the critical fourth quarter far below Wall Street expectations, sending shares down 3.4 percent in premarket trading.

Unhappy over constraints imposed by U.S. government overseers, American International Group Inc Chief Executive Robert Benmosche told the company's board last week that he is considering stepping down, the Wall Street Journal said, citing people familiar with the matter.

Unhappy over constraints imposed by U.S. government overseers, American International Group Inc Chief Executive Robert Benmosche told the company's board last week that he is considering stepping down, the Wall Street Journal said, citing people familiar with the matter.

Unhappy over constraints imposed by U.S. government overseers, American International Group Inc Chief Executive Robert Benmosche told the company's board last week that he is considering stepping down, the Wall Street Journal said, citing people familiar with the matter.

U.S. stocks closed mostly loweron Tuesday as differing views on whether the market can build on recent gains stalled the S&P 500's six-day winning streak.

The chief executive of Goldman Sachs, which has attracted widespread media attention over the size of its staff bonuses, believes banks serve a social purpose and are doing God's work.

Poland said on Friday it had received three offers for its stake in the Warsaw Stock Exchange.

Thomson Reuters Corp reported a decline in quarterly revenue as sales in its legal and markets divisions fell, while underlying operating profit rose on currency benefits and cost cuts.

Wireless chip and technology supplier Qualcomm Inc on Wednesday set a quarterly and

News Corp reported lower revenue on Wednesday because of advertising declines at its television stations and newspapers, while profit rose because of stronger performance at its cable television, movie and book units as well as cost cuts.

Bank of New York Mellon Corp Chief Executive Robert Kelly was recently approached about taking the CEO job at Bank of America Corp , but he has shown no interest in the job, The Wall Street Journal reported.

A huge influx of erroneous orders prevented the New York Stock Exchange from disseminating quotes shortly after the start of trading on Friday.

A huge influx of orders prevented the New York Stock Exchange from disseminating quotes shortly after the start of trading on Friday.

NYSE Euronext said it sold a big stake in its U.S. derivatives trading platform to five powerful market players, following the pattern of exchange operators partnering with dealers in the face of possibly sweeping regulatory changes.

Stocks slid on Friday as investors worried the economy's recovery might not be sustainable and financials sank as an influential bank analyst projected a $10 billion write-down for Citigroup.

U.S. stocks slid on Friday as investors worried the economy's recovery might not be sustainable and financials sank as an influential bank analyst projected a $10 billion write-down for Citigroup.

U.S. stocks fell on Friday, led by financial stocks as reports painting a mixed economic picture dented optimism fed by the economy's return to growth.