A judge on Friday said Credit Suisse must pay a unit of Highland Capital Management $287.5 million over a soured real-estate loan, a win for James Dondero’s hedge-fund firm in its multipronged fight against the Swiss bank over luxury developments.
Google is in talks with the Chinese government and handset makers about launching a new Android app store there, a move that would mark the company’s return to China.
Argentina’s YPF SA and Russia’s OAO Gazprom signed an agreement on Friday that could lead them to jointly develop unconventional gas projects in the South American country.
While there are some signs that China’s economic turmoil may be damping Chinese tourists spending slightly in the region, tourism-related businesses in such destinations as Japan, Thailand and Australia said business is still booming.
The sharp and sustained fall in gas prices that began last summer has altered American life in ways large and small, spurring families to spend more at restaurants and clock more miles in bigger vehicles, while bruising regions and sectors that rode high on the oil boom.
U.S. employment growth slowed in August, but the unemployment rate fell more than expected due to a smaller labor force.
Germany’s BASF and Russia’s Gazprom will complete an asset-swap deal signed in December 2013 but called off late last year amid mounting political tensions between Russia and the West.
While other tennis tournaments rely mostly on ball boys and girls, the U.S. Open has long included adult ‘ball people.’ This year, grown-ups are more valuable than ever.
The big TV networks and their affiliates are wrangling over which of them will be the ones to negotiate with the new generation of direct-to-consumer streaming services and what each side’s split should be.
New trade data suggests the continuing impact of labor strife that pulled container imports from the ports earlier this year.
One of Silicon Valley’s least-sexy sectors has turned into one of its hottest. Technology for helping companies store data has become crucial to speeding operations and making companies nimbler.
Newer work vans that drive like cars, get decent gas mileage and are easily customized to haul people, packages or cargo are making the lowly panel van fun—and a big seller again.
The giant retailer is testing a new program to train entry-level service workers, with potentially far-reaching implications for employment and upward mobility nationwide.
Ford Motor Co.’s hourly labor costs in the U.S. are roughly $9 an hour higher than Toyota Motor Co. and $15 more than Nissan Motor Co. But counting on the United Auto Workers to help bridge the gap looks like a dead end.
The case for the Federal Reserve to raise short-term interest rates this month is strong, Federal Reserve Bank of Richmond President Jeffrey Lacker said, though he also said he had not decided whether to support the U.S.
Huawei’s sales of smartphones and other consumer products are holding up in China despite slowing economic growth, with global revenue from the Chinese telecom-equipment maker’s retail business set to grow 30% next year to more than $20 billion.
Some of Japan’s biggest banks were among bidders for General Electric Co.’s Japanese commercial finance business, which is expected to fetch several billion dollars.
Some big law firms say their office space makes a big difference in the race to retain clients and attract new ones, so they are splurging on amenities like conference rooms, bars and event halls in areas clients are likely to see.
Kraft Heinz Co. has expanded a voluntary recall of Kraft Singles cheese slices following two additional choking complaints, the company said Thursday.
The art market is revving into high gear. A day after Christie’s said it planned to sell a $100 million painting by Modigliani this fall, rival Sotheby’s countered by saying it has won the right to auction off the $500 million art collection of its former chairman and owner A.
China’s listed companies joined in the market mania, buying up shares in one another. Now the holdings that padded earnings as prices boomed threaten to gut them as they plunge.
Emera has reached an agreement to buy Teco Energy for $6.5 billion in cash, a major move that will give the Canadian utility $20 billion in assets and more than 2.4 million electric and gas customers.
BlackBerry said Friday it would buy closely held Good Technology for $425 million, in a move to further bolster the Canadian company’s efforts to sell mobile security software to government and corporate customers.
In a boost to Ecuadorean villagers’ bid to enforce a $9.5 billion judgment against Chevron, Canada’s top court ruled they can move forward with an effort to seize assets tied to the oil company.
Global finance leaders meeting in Turkey are seeking reassurances from Chinese officials on Beijing’s capacity to calm turbulent markets and prevent a collapse in the world’s second-largest economy.
GVC Holdings said it had clinched a deal to buy online gaming firm Bwin.party digital for $1.72 billion, beating rival bidder 888 Holdings to the post.
Chinese e-commerce giant Alibaba’s chairman and vice chairman, Jack Ma and Joe Tsai, are planning to borrow more than $2 billion in loans by using their shares in the company as collateral.
As motorists head out on the last big driving weekend of the summer, the credit-card industry and gas-station owners are deploying everything from sophisticated software to heavy-duty padlocks to combat an epidemic of fuel-related theft and fraud.
Highmark Health said it would reduce its range of offerings on the Affordable Care Act marketplaces, becoming the latest insurer to retrench amid steep financial losses.
The largest shareholder of European’s biggest auto maker nominated the company’s finance chief to become the next chairman of the VW supervisory board.