U.S. manufacturers reported activity in March slowed for the fifth consecutive month, according to a survey released by the Institute for Supply Management.
The staff of the panel which writes U.S. accounting rules recommended Wednesday that sweeping new rules on how public companies book their revenue be pushed back by two years.
Brazilian state-run oil firm Petroleo Brasileiro SA, or Petrobras, on Wednesday said it signed a contract to obtain financing worth $3.5 billion from state-owned China Development Bank.
Businesses hired at a mediocre pace last month, according to an employment survey.
Manufacturing activity in the eurozone grew more rapidly during March than first estimated and at the fastest pace in 10 months, while the weaker euro boosted new orders from overseas buyers.
Wal-Mart is telling suppliers to forgo investments in joint marketing with the retailer and plow the savings into lower prices instead.
Real-estate investment trust Macerich has rejected a proposal from rival Simon Property Group to acquire it for US$95.50 per share.
Amid one of Samsung’s most bruising years, J.K. Shin, the co-CEO who oversees its mobile division, saw his total pay more than double and he earned nearly three times as much as one of his co-CEOs.
An official gauge of China’s manufacturing sector edged up in March and returned to expansionary territory, official data showed.
President Obama rejected a legislation that would have scrapped a National Labor Relations Board rule streamlining union-organizing elections, his fourth veto since taking office.
The Securities and Exchange Commission charged Houston-based technology and engineering firm KBR Inc. for violating a whistleblower protection rule, its first-ever action against a company for stifling the whistleblowing process.
U.S. stocks opened lower Wednesday, extending losses after the Dow Jones Industrial Average posted its first quarterly loss in a year.
Monsanto said its earnings fell 15% in the February quarter as sales weakened, farmers planted fewer acres and a stronger U.S. dollar pressured results.
Sears Holdings Corp. has agreed to partner with General Growth Properties Inc. on a real estate joint venture in the latest move for the struggling retailer, who has been trying to downsize.
Oil prices fell in early volatile trade as investors tracked the U.S.-Iran nuclear talks and a buildup in U.S. oil supplies.
European stocks edged lower, extending their recent pullback after a storming start to 2015.
Government efforts to boost economic growth by easing monetary policy are falling short as cheap credit goes to state-run enterprises and local municipalities.
Quarterly Markets Review: Deal making among health-care companies continues to improve the well-being of the mergers-and-acquisitions market.
Procter & Gamble Co., which has been selling brands to focus on its largest, most profitable operations, has sold its Vicks VapoSteam U.S. liquid inhalant business to Helen of Troy Ltd.
U.S. government bonds rose Tuesday to cap the fifth quarterly gain in a row, the longest winning streak in more than a decade.
Auto makers reported lower U.S. sales in March as a calendar impact and tough year-over-year comparisons dented the industry’s recent breakneck sales pace.
Shares of GoDaddy Inc., a technology provider to small businesses, opened at $26.15 in their market debut, 31% above their initial public offering price Wednesday.
U.S. Treasury bonds were off to a strong start in the second quarter, as a disappointing employment report boosted demand for haven assets.
The proportion of dollars in global foreign-exchange holdings has risen to its highest level in six years, cementing the greenback’s role in the center of the financial system.
Standard Chartered said that another of its top global executives is leaving the bank, the latest in a string of departures by longtime senior managers.
Just over a year after former Barclays CEO Bob Diamond founded Atlas Mara to build an African banking empire, problems are cropping up. Some investors have questioned lavish executive pay and the vehicle’s share price has tanked.
Millions of Americans unable to obtain credit cards, mortgages and auto loans from banks will receive a boost with the launch of a new credit score aimed at consumers regarded as too risky by lenders.
Japan stocks led Asian markets, which were mostly lower in early trading following a worse-than-expected survey of business sentiment, a weaker dollar and an overnight Wall Street selloff.
Economic issues in South Africa and Nigeria have prompted companies to look for growth in smaller but promising African countries like Angola and Kenya.
John Malone missed out on acquiring Time Warner Cable, but his deal to buy Bright House Networks is putting him back at the center of the cable industry’s transformation.