Business News

More graduates are opting for careers outside investment banking as the pull of big bonuses is replaced by job insecurity in an industry struggling to adapt to regulatory change.

LONDON (Reuters) - Banks must undergo a wholesale change in their culture and refocus their behavior on meeting the needs of customers to restore trust in the industry, Stephen Hester, chief executive of part-nationalise...

It's time for the LGBT communities to line up to oppose Prop. 32. You may have mixed feelings about labor unions, but the evidence is clear: If we lose organized labor as a funded political ally in California,the LGBT mo...

An iconic businessman on Sunday led a protest against a lack of job opportunities for African-Americans at a construction site in suburban Chicago. Ed Gardner,...

As a lifelong entrepreneur, an investor, and founder of Grow America, I love the fact that successful entrepreneurs come in fairly well every age, gender, nationality and chapter of life.  However, Forbes’ cu...

The marking of another moment at which the company that defined computing in the 1990s has been outpaced by rivalsGoogle's market capitalisation passed that of Microsoft in early trading on the Nasdaq on Monday, marking ...

Michael Schumacher is keeping all his options open as he ponders his Formula One future after Sauber expressed their desire to sign the seven-time world champion.

For the purpose of proposing a settlement of rule violations alleged by the Financial Industry Regulatory Authority (“FINRA”), without admitting or denying the findings, prior to a regulatory hearing, and wit...

A winner is disqualified for using a Web site where people who enter crowdsourced digital sweepstakes post links to those contests and ask for members to vote for them.

Gas prices are slowly coming down. The weekly average price of a gallon of regular gas is $3.80, down 2 cents compared to a week ago, according to the Department of Energy.  This price is still up 37 cents from a year...

The New York Attorney General sued JPMorgan Chase on Monday, alleging that Bear Stearns, the troubled investment bank it bought in 2008, "kept investors in...

In an era where the private sector seems like a better bet than government, what more can business do to move from company initiative to systemic change? Here are two avenues to pursue.

As airline relies on negotiating concessions from employees, departures are delayed and maintenance requests are upDelays, lost luggage and confusing information are the unfortunate trademark of modern air travel, but Am...

A study from the Tax Policy Center says Americans face federal tax increases of more than half a trillion dollars if current laws are allowed to lapse at the end of the year.

CHARLESTON, South Carolina (Reuters) - Boeing Co. Chief Executive Officer Jim McNerney said on Monday he expects contract talks with the company's 23,000 unionized engineers to result in a "successful resolution over the...

NEW YORK (Reuters) - Another top executive at the JPMorgan Chase & Co unit that lost $5.8 billion on derivatives trades this year is leaving the company.

NEW YORK/CHICAGO -- Wal-Mart Stores Inc employees who say the world's largest retailer's labor practices are unfair voiced their concerns to Wall Street analysts on Monday, claiming that problems like long lines and empt...

With sequestration looming, the Obama administration told contractors to not warn employees that they may be laid off due to massive cuts to defense spending.  The political calculus here is obvious, if contractors ...

It's one thing to look at pornography on government computers.

NEW YORK/CHICAGO (Reuters) - Wal-Mart Stores Inc employees who say the world's largest retailer's labor practices are unfair voiced their concerns to Wall Street analysts on Monday, claiming that problems like long lines...

MADRID (Reuters) - Spain is ready to request a euro zone bailout for its public finances as early as next weekend but Germany has signaled that it should hold off, European officials said on Monday.

Stocks rose Monday, lifted by stronger-than-expected expansion in U.S. manufacturing, although stock indexes slipped off session highs after the Federal Reserve chairman's remarks.