UBS analyst Michael Binetti downgraded J.C. Penney Co. to sell from neutral Monday and cut his share-price target by half to $5, saying that the company's three-year target to generate $1.2 billion in earnings before interest, tax, depreciation and amortization was "overly optimistic."
Toledo's mayor isn't about to pick a fight with Fiat Chrysler Automobiles, even if it pulls Jeep Wrangler production out of the city where the vehicle's roots date to World War II.
More than 280 years after it was damaged in a fire, one of the original copies of the Magna Carta is legible again
In a story Oct. 9 about Dogfish Head Craft Brewery naming a chief executive officer, The Associated Press, relying on a member story, reported erroneously that founder Sam Calagione had stepped down as CEO of the brewery.
Spain will ramp up training for health workers and emergency services dealing with Ebola cases, authorities said on Monday, as a nurse who caught the virus in Madrid after caring for infected patients remained seriously ill.
Human testing of an experimental Ebola vaccine developed by the Canadian health agency and licensed to NewLink Genetics Corp has begun, Canadian health minister Rona Ambrose said.
Amanda Bynes has now reportedly again been hospitalized against her will in a California psychiatric facility. It is time to wonder whether social media itself can not only publicize the symptoms of those suffering with severe mental illness, but also inflame them.
Hillary Clinton is cashing in with a $225,000 speech Monday night at the annual University of Nevada Las Vegas Foundation dinner.
Apple Inc (NASDAQAAPL) said that its recently released iPhone 6 and iPhone 6 Plus phones will be available in more than 115 countries by the end of the year.
Gold rose on Monday as the dollar fell on uncertainty about how soon the Federal Reserve will raise interest rates and worries about the global economy reduced investor appetite for risk.
At least 27 people have died and 25 people have been seriously injured in crashes involving General Motors cars with defective ignition switches.
General Electric Co's aircraft leasing unit said it would buy Dublin-based helicopter leasing company Milestone Aviation Group for $1.78 billion.
This past summer, the success of the Ice Bucket Challenge once again proved the huge influence that celebrities can have on others.
The U.S. Supreme Court is set to hear a North Carolina case over whether U.S. states can delegate the regulation of professions such as dentistry, plumbing and more to boards of practitioners drawn from those occupations.
Key Obama administration advisers appear at odds over the use of American boots on the ground in Iraq, as Islamic State militants – at the very least – seemed to be holding their own against U.S.-led airstrikes and local security forces.
Janus Capital Group said on Monday that it's positioning itself in the "rapidly growing rules-based and active ETF universe," as the investment management firm announced it's acquired the parent company of VelocityShares, a provider of exchange-traded products.
Grain futures were higher Monday in early trading on the Chicago Board of Trade.
Despite reassurances from health officials that Ebola is unlikely to spread in the United States, concerns about the disease in this country have grown since the first U.S. case was announced last week.