The chief executive of Wal-Mart's Asia division Scott Price is stepping down from his role to take an international strategy position at the company's headquarters.
Caracas said GDP growth slowed to 1.3% in 2013 compared to 5.6% the prior year, and inflation soared 4.1% in March compared with the previous month.
The National Labor Relations Board has agreed to review Northwestern University's request to overturn a decision that declared its scholarship football players employees who can unionize.
Microsoft posted a smaller-than expected decline in profit in its fiscal third quarter, buoyed by strength in its consumer segment and a decline in operating expenses.
Amazon is testing its own delivery network for the final leg of a package's journey to consumers, putting it closer to same-day shipping.
The fuel-cell maker is scheduled to sell 15 million shares, a stake valued at $90 million as of Thursday's close.
A sizable investor in Allergan doesn't favor the offer Valeant Pharmaceuticals International has made for the Botox maker, in conjunction with activist William Ackman.
GM confirmed in a government filing that it is under investigation by federal prosecutors, the SEC, a state attorney general, Congress and the NHTSA for its handling of a recent rash of recalls.
Regulators are proposing rules on Internet traffic that would let broadband providers charge companies a premium for access to their fastest lanes.
Bank of New York Mellon has hired Goldman Sachs to explore a sale of its corporate trust arm, according to a person familiar with the matter.
Global commodity investors are turning more positive toward China as the country continues to import massive amounts of resources like iron ore, copper and soybeans even as economic growth slows.
A closely watched Japanese inflation gauge rose a bit less than expected in April, the government said Friday, creating room for possible doubts among Bank of Japan policy makers that the recent increase in the domestic sales tax would stoke strong upward price movements.
A consulting firm that scoured major U.S. banks' foreclosure files was finding far higher rates of error than regulators reported when they abruptly ended the review last year.
Private-equity firms are letting a few more patrons past the velvet rope.
The Food and Drug Administration on Thursday approved the first DNA test for human papillomavirus, or HPV, that could be used instead of the Pap test in a cervical-cancer screening program.
Bank of America Corp. named its chief risk officer, Terry Laughlin, to the newly created role of president of strategic initiatives, overseeing efforts to simplify work flow and reduce complexity at the bank.
Private-equity firm's first-quarter earnings beat Wall Street expectations, largely on the back of taking public companies it previously bought and selling shares of other publicly traded companies it owns.
Former KPMG partner Scott London, who pleaded guilty to an insider-trading scheme, was sentenced to 14 months in prison in a Los Angeles federal court.
General Electric Co. is in talks to buy French engineering firm Alstom SA's energy operations, people familiar with the matter said, a move that would help consolidate the struggling power-generation business.
UPS posted a lower first-quarter profit, pointing to unusually harsh weather that increased its expenses and slowed its revenue growth.
South Korean stocks fell and Japanese stocks were flat, as Tokyo was held back by a firmer yen, as investors focused on a flurry of earnings reports.
Demand for big-ticket factory goods rose steadily in March, suggesting the economy is emerging from a winter slump.
Apple, Google, Intel and Adobe Systems agreed to settle a lawsuit in which 64,000 employees accused them of conspiring not to recruit each other's workers, depressing wages. A person close to the defendants said the settlement price was around $325 million.
Alibaba and its bankers are discussing adding new shares to the company's IPO, a move that would allow the e-commerce giant to raise funds for itself and could push the size of the deal to a record.
A slump in spending by mining companies is running longer and deeper than expected, hitting hard equipment suppliers like Caterpillar.
First-quarter results for American Airlines and Southwest soared, while JetBlue's profit narrowed sharply and United delivered a wider loss.
Visa Inc. said its fiscal second-quarter earnings rose on higher operating revenue and payments volume.
The FDA proposed the first federal regulations on electronic cigarettes, which would ban sales of the devices to anyone under 18 and require makers to gain FDA approval.
Verizon lost wireless customers for the first time ever, as its rivals launched a bitter fight for new subscribers. It lost roughly 138,000 net postpaid phone customers in the first quarter.
Caterpillar's first-quarter profit rose a better-than-expected 4.8% on mostly flat sales as the maker of construction equipment continues to deal with a slowdown in its mining-equipment business.