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Updated: 19 min 29 sec ago
British bank Barclays was fined 38 million pounds ($62 million) on Tuesday for exposing customers to unnecessary risks by failing to ensure client assets were properly safeguarded and adequate records kept.
CarMax Inc, the largest U.S. used car retailer, reported a 11 percent rise in quarterly revenue as easier availability of credit boosted car sales.
Consumer products company Spectrum Brands Holdings Inc said it would buy Procter & Gamble Co's European pet food business, which includes the Iams and Eukanuba dog and cat food brands.
The Dutch conglomerate that started life making light bulbs 123 years ago will split off the business to expand higher-margin units like healthcare and consumer divisions.
St. Louis County police apologized Monday for the wording of a flier announcing a seminar to help officers interact with the media.
Newport has received nearly $1.7 million federal grant to convert a vacant school into a technology business incubator to promote start-up companies.
It seems the White House is so determined to crack down on companies trying to escape paying taxes here, that it never stopped to first consider ‘why’ they are bolting. Maybe if lawmakers spent as much time creating tax incentives as it does shutting them down, companies wouldn’t be going anywhere.
A day after Treasury took steps to curb inversion deals allowing companies to escape high U.S. taxes, shares of drugmakers AstraZeneca, Shire fell sharply.
U.S. stock futures were were lower as weak European data overshadowed China data that beat views, and investors were wary after a down day on Wall Street.
CF Industries is in preliminary talks with Norway's Yara International about a possible merger that would create a mammoth player in the fertilizer industry.
Global stocks were mostly lower Tuesday following Wall Street's tumble but China rebounded after unexpectedly strong manufacturing eased fears of an economic slowdown.
Hong Kong stocks reversed losses Tuesday morning after the preliminary edition of HSBC's monthly China manufacturing report surprised to the upside.
Operator of Japan's most popular mobile-messaging service, Line Corp., is delaying plans to list in Tokyo and New York, the Nikkei reported Tuesday.
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The Securities and Exchange Commission is giving its biggest award yet, about $30 million, to a whistleblower who provided key information that led to an enforcement action in a fraud case.
The Treasury Department said it will crack down on techniques by many U.S. companies seeking to reduce their tax burden by moving overseas.
Starbucks is testing a latte that it says has the "savory toasty malt" flavor of a foamy mug of stout.
Privately owned SpaceX started construction in south Texas on Monday for what the company said will be the first private commercial orbital launch facility in the world.
Fee-happy Spirit Airlines will now charge people traveling during the holidays an extra
Dark beer lovers take note. Starbucks Corp is testing a "dark barrel latte" in a handful of its cafes in Ohio and Florida.