Business News

Earlier today we looked inside Indian magazine Bureaucracy Today. One of our favorite sections of the magazine was the Horoscope for Bureaucrats. This involves both professional and personal readings. Aquarius was one of...

Sir Alex Ferguson, who has announced his retirement as manager of Manchester United, created more value for the team he led than any other head coach in history I can think of. By my estimation Ferguson is responsible fo...

WASHINGTON (AP) -- Senate Republicans have used a procedural move to delay a panel from considering the confirmation of Thomas Perez to head the Labor Department.

Today Armada Hoffler (NYSE:AHH) came public on the New York Stock Exchange, issuing 16.5 million shares at $11.50 each. The company actually boosted the share count from 14.6 million.

Both CEO David Flynn and chief marketing officer Rick White are leaving Fusion-io to become startup investors.

FRANKFURT/MADRID

Microsoft said it sold 100 million licenses for its latest operating system and will introduce an update to the company's flagship product in time for the year-end holiday shopping season.

NEW YORK

WASHINGTON (AP) -- Religious leaders said Wednesday that adding a gay rights proposal to immigration legislation could risk their support for the bill, setting up a potential Senate showdown.

An auto rental company considers whether to subsume its car-sharing start-up.

Spain's National Court on Wednesday ruled against extraditing a former HSBC employee to Switzerland, where he faces charges of stealing and revealing client information.

(Reuters) - McDonald's Corp's April sales at established restaurants declined slightly more than analysts had expected as it faced tougher times in Europe, Asia/Pacific, Middle East and Africa.

BEIJING

(Reuters) - In the past two decades, a group of specialized hedge funds have transformed corporate bankruptcies, injecting much-needed capital while at the same time drawing fire as "vultures."

(Reuters) - Mortgage finance company Fannie Mae and accounting firm KPMG have agreed to pay $153 million to settle a shareholder lawsuit filed by Ohio pension funds and others accusing the companies of issuing false and ...

News Corp. beat Wall Street's forecast for the January-March quarter, helped by growing revenue from pay TV networks including Fox News Channel and FX, and the hit 20th Century Fox movie "Life of Pi."

The marketing technology world is insanely specialized and complex. How complex? This new chart from LUMA Partners breaks down the world's many different components, from sales and marketing to e-commerce technology to w...

WASHINGTON -- A House panel voted Wednesday to place a five-year moratorium on bonuses to senior executives at the Department of Veterans Affairs. The sponsor...

Kyle Bass is on his favorite topic here at the Sohn Investment Conference -- Japan. His bottom line is that the country's "shock and awe" monetary policy is going to work, and Japanese leaders are beginning to realize th...

by Lisa Curtis

(Reuters) - Chesapeake Energy Corp won the right to redeem $1.3 billion of notes early, as a federal judge rejected an argument by the notes' trustee, Bank of New York Mellon Corp , that the company waited too long to te...

Some unemployed parents and their children, who have an entrepreneurial spirit but lack the experience or capital to start a business alone, are deciding to join forces.