Business News

A Manhattan federal judge on Friday angrily condemned Argentina's attempt to pay some of its bondholders in defiance of his court order, calling the country's $539 million bank transfer an...

The daily war of words between Valeant, the upstart Canadian pharma giant, and Allergan, the maker of Botox that Valeant is trying to buy in a hostile takeover, could make...

At this point, it's crystal-clear that tech has a diversity problem.  The issue might be especially bad in Silicon Valley, but a new study from market research company RJMetrics shows that Las Vegas has the highest rel...

Deep beneath the plains of Illinois, in a man-made cavern filled with racks of scientific equipment, someone has spray-painted a white circle onto the bare rock wall. Stand in front of it and you are standing in the path...

GM said it needs to recalibrate software that controls the gears to fix the four-wheel drive on 392,459 pickups and SUVs

China’s wind power industry was among the biggest beneficiaries of the United Nation’s Clean Development Mechanism (CDM), a carbon trading scheme that used funds from wealthy countries to support clean energy project...

French banking giant BNP Paribas is expected to plead guilty to criminal charges and pay a record $8.9 billion in fines to settle accusations it funneled billions of dollars from blacklisted countries through its U.S. op...

IAC, which owns dating properties Match.com, OK Cupid and the majority stake in Tinder, is close to acquiring New York startup for singles, HowAboutWe. The deal has not yet been finalized, according to an email Schechter...

(Reuters) - BP Plc has asked a U.S. judge to direct what it called a "vast number" of businesses to repay hundreds of millions of dollars it says were wrongly awarded as compensation on claims stemming from the 2010 Gulf...

Higher education is one of the great successes of the welfare state. What was once the privilege of a few has become a middle-class entitlement, thanks mainly to government support. Some 3.5m Americans and 5m Europeans w...

American Apparel adopts stockholder rights plan to thwart ousted CEO from taking control

Aereo doesn't have a lot of options left in the wake of the Supreme Court's unfavorable ruling this week, which basically declared its entire business model a form of content piracy.

Preet Bharara is looking for a tough sentence for former SAC Capital portfolio manager Mathew Martoma, who was convicted of the largest-ever insider trading crime. The US Attorney for Manhattan...

The Supreme Court of Canada ruled the company violated Quebec's labor code when it closed a store in the province that had become one of the first Walmarts there to unionize.

Chinese president Xi Jinping began a crackdown on corruption soon after he came to power. During the leadership transition in late 2012, outgoing president Hu Jintao had warned that corruption "could prove fatal to the p...

Ousted American Apparel CEO Dov Charney has found a new backer in a bid to amass a controlling stake in the company. New York investment firm Standard General LP has...

BUENOS AIRES

Streaming television service Aereo pulled the plug on its service Saturday, at least temporarily, after the Supreme Court ruled this week that its business is illegal. The court said Wednesday that Aereo's service violat...

In analyzing thousands of trades and investments, I have found that many lose money because of their entry levels, not because of what they are buying or selling. This is, of course, also directly tied to a lack of any c...

James Rodriguez is just 22 years old but he is quickly becoming an international star with his performance at the World Cup which now includes a tournament-best five goals. His latest brilliant goal is his best yet, as h...

Work From Home is All Grown Up, and Home-based Telecommuters Are becoming the New Normal. Even the IRS is Relaxing its Rules.

After Airbnb raised its latest funding megaround, the company attained a massive $10 billion valuation. But the home-sharing startup faced plenty of obstacles on its path to success.