China's central bank chief said he expects to see full liberalization of domestic interest rates, a key step in the nation's ambitious financial reforms, in a year or two.
Investors who put cash into municipal bonds—a popular strategy for those seeking safe, tax-free bets—are paying about twice as much in trading commissions as they would for corporate bonds, according to a study for the Journal.
The Patent Trial and Appeal Board lets a company skip the question of whether it infringed a patent—and challenge whether the patent should have been issued in the first place.
The dispute focuses on whether public exchanges should be given preference over other venues when it comes to executing stock trades.
An official of the Deutsche Bundesbank has criticized new Federal Reserve rules that are designed to strengthen the capital position of European banks operating in the U.S., but which some European bankers claim are unfair.
Herbalife reiterated there is no merit to the accusations made by Pershing Square about its business model, following a news article about the fund's push for lawmakers and regulators to investigate the nutritional-supplements maker.
General Motors Co. said Anton "Tony" Valukas will lead its internal investigation into why the auto maker waited almost a decade to recall vehicles for faulty ignition switches that have been linked to 13 deaths.
Mt. Gox, the struggling Japanese bitcoin exchange, has filed for bankruptcy protection in a U.S. court.
EBay said it nominated for re-election four of its board members, passing over two nominees back by activist investor Carl Icahn.
The Federal Reserve may have to accelerate the pace of tapering to take into account the economic pickup in the U.S., Federal Reserve Bank of Philadelphia President Charles Plosser said.
Japanese stocks bounced back from losses in the previous session, as the market waited for the Bank of Japan's policy announcement.
Masayoshi Son said in a television interview that he would like to buy T-Mobile, confirming his interest in a deal that would likely face heavy scrutiny from regulators.
Activist shareholders are spooking some bondholders, and the companies they target are seizing on the fears to rebuff their attacks.
The Justice Department offered a lengthy defense of its antitrust settlement that allowed the merger of American Airlines' AMR and US Airways, calling the deal a 'major victory for American consumers.'
Executive board member Sabine Lautenschläger dismissed criticism that the ECB is doing too little about the risks of low inflation, saying the central bank has tools including negative interest rates and asset purchases that it can deploy.
Puerto Rico plans to sell its record $3 billion in bonds at yields between 8.625% and 8.875% with the deal pricing with an 8% coupon, investors said.
AMCOL International Corp. agreed to sell itself to Minerals Technologies Inc. for about $1.7 billion in cash after rival Imerys dropped out of the bidding war.
Safeway's $9.4 billion sale to the owner of Albertsons means that, after years of shrinking, it will be part of something bigger. But can Safeway operate more like a local grocer?
American Airlines and JetBlue agreed to end their partnership and will stop accepting new interline sales on the other carrier.
U.S. stock futures edged lower as surprisingly weak trade data from China prompted a pause in the market's run to record highs.
High-frequency trading firm Virtu Financial looks to raise $100 million in a public offering of its stock with Goldman Sachs, J.P. Morgan and Sandler O'Neill as chief underwriters.
Copper fell sharply for a second day Monday because of worries that China, the world's biggest buyer, will slow imports of the metal as the economy slows and signs of financial stress flare up.
Morgans Hotel Group Co. eliminated at least one-third of its corporate staff Monday, as the company had indicated an intention to reduce costs.
A consortium including Blackstone Group and TPG is preparing to bid roughly $5.5 billion this week for engineering and manufacturing company Gates Global Inc.
Private-equity firm Insight Venture Partners is nearing a deal to buy influential investor-advisory firm Institutional Shareholder Services Inc.
Verizon Communications Inc. is back in the bond market, shopping debt to investors in what will likely be its largest U.S. sale since its mammoth $49 billion bond deal in September.
The share of new homes being built as rental apartments is at the highest level in at least four decades, as an improving jobs picture spurs younger Americans to form their own households but tighter lending standards make it more difficult to buy.
Sbarro LLC filed for bankruptcy protection, marking the pizza chain's second stint through Chapter 11 in less than three years.
United Continental, American Airlines and Southwest Airlines said their operations were hurt by severe weather last month, which led to thousands of canceled flights.
Malaysia's IHH Healthcare is considering a bid for Australian hospital company Healthscope, put on the block by TPG and Carlyle Group in a deal that could be worth $5 billion.