Business News

A number of events in Washington this week put the spotlight on high-frequency trading, the proliferation of new exchanges and other concerns about the structure of the market.

(Reuters) - PIMCO'S Bill Gross, who runs the world's largest bond fund, said on Thursday that he does not see the Federal Reserve pulling back from its latest round of quantitative easing until the U.S. unemployment rate...

CHICAGO (Reuters) - Brokerage ABN AMRO will shut its pit trading grains desk on the floor of the Chicago Board of Trade (CBOT) on November 1, the desk's five members said on Thursday, in one of the clearest signs that th...

2012 hasn?t been kind to JC Penney. And, it doesn?t appear that Q4 will get any better for the department store, which has struggled to shake up its stodgy image this year and in the process has rattled its core customer...

BOSTON (Reuters) - Oracle Corp's quarterly hardware sales tumbled 24 percent from a year earlier as the technology giant struggled to turn around its Sun computer division at a time when businesses are tightening technol...

(Reuters) - Bank of America Corp.'s Merrill Lynch Wealth Management is raising the minimum fee it charges retail clients for equity trades, to $75 from $50, an increase the company says will put it more in line with rate...

Investors struggling to digest latest signs of global economic weakness.

ATHENS (Reuters) - The heads of the international "troika" team discussing Greece's bailout could leave Athens at the weekend without a final agreement on some 12 billion euros of planned spending cuts, Greek officials s...

Notable Forbes 400 lifetime givers to the environment.

Honda and Volkswagen unveil ad campaigns that emphasize how well they know you, play down selling you a new car.

With the average new car selling for around $30,000, and even a moderately equipped compact model going for close to $20,000 these days, cash-strapped motorists have little choice but to purchase a used vehicle. Unfortun...

Here?s a list of models from the 2008 and 2009 model years experts say used-car shoppers should steer clear of.

Samsung has a new ad out for its Galaxy S III, which is pretty funny--unless you are a diehard Apple fanboy or girl.

Updates with Apple comment in eighth paragraph.

LONDON (Reuters) - Managers at Swiss bank UBS turned a blind eye when traders exceeded their agreed limits as long as the bank was making money from their deals, a lawyer for accused "rogue trader" Kweku Adoboli told a L...

This post is co-authored with Jennifer Schlimgen, my colleague at Kahler Slater, a global architecture and design enterprise. A firm principal and integral member of our Healthcare team, Jennifer specializes in designing...

Bank of America is once again in the hot seat, this time for allegedly withdrawing money from child entertainers’ bank accounts, according to a recent class action lawsuit. According to the complaint, Bank of A...

AU Optronics Corp of Taiwan was fined $500 million by a U.S. judge on Thursday for criminal price fixing in the market for liquid crystal display panels.

Markets are up so far this quarter, could give consumers confidence to step up spending, boost economic growth.

PARIS (Reuters) - The head of the French unit of Air France-KLM said in an interview that the flag carrier is doing well enough to avoid seeking further cost cuts beyond an existing restructuring plan calling for 5,000 l...

CHICAGO (Reuters) - Brokerage ABN AMRO will close its pit trading grains desk on the floor of the Chicago Board of Trade on November 1, the team's five members said on Thursday, in one of the clearest signs that the icon...

JOHANNESBURG (Reuters) - The world's No. 3 platinum producer Lonmin said on Thursday its wage bill would rise 14 percent from October 1 because of a pay deal reached this week to end a violent 6-week strike.