Business News

THE purported theme of the World Economic Forum (WEF) changes every year. At this year's gathering, on January 21st-24th, it will be "the new global context". Last time, it was "reshaping the world". But the forum's real...

On January 12, a number of executives sold the shares of Bed Bath & Beyond Inc. (NASDAQ:BBBY), bluebird bio Inc (NASDAQ:BLUE), and Foundation Medicine Inc (NASDAQ:FMI).

It's not nearly as uplifting as Hart Hanson's other Fox drama, but fans of Bones will find things to like about Backstrom.

NEW YORK (TheStreet) -- There are a number of reasons why big banks like J.P. Morgan , Citigroup and Bank of America have been reporting weaker-than-expected earnings for the fourth quarter. But one common theme seems t...

The Fed's monthly survey of business activity showed some economic benefits from the steep drop in oil prices, but it warned of the building negative effects on energy companies.

After a brief stint in Canada, Target Corp. announced Thursday that it would close all of its 133 stores there and lay off nearly 17,600 employees.

The drink of patriots WHEN South Korean celebrities, eager to prove their patriotism, swapped their German BMW cars for home-grown Hyundais on television, during the Asian financial crisis in 1998, they rallied the whole...

From a £375,000 apartment in a converted 19th-century building to a £3m Grade I-listed castle with a moat and 20 acres in Staffordshire. The post Castles for sale was first published on MoneyWeek.

The latest RBI directive is aimed mainly at NBFCs, many of which still do not use credit bureaus

All of us know that money cannot buy happiness, yet in saying this, money still is helpful. Money provides you the capability of continuing to do what you enjoy.

Bottom line: China’s smartphone market is likely to contract another 10 percent this year, forcing some newer domestic manufacturers out of business, while Huawei’s bid to go upscale in the space is likely to face di...

Southwest Airlines was slammed with a record fine by the Transportation Department on Thursday after the airline forced passengers to remain on arriving planes at Midway airport for hours during severe weather last winte...

A McKinsey report says boosting productivity growth is now the only way to drive economic expansion

It's a small, half-million dollar drop in the over $700 billion bucket that is the US war in Afghanistan. But the fate of a firing range constructed for the Afghan National Police's training center in Logar province stil...

NEW YORK (TheStreet) -- Shares of Gold Fields are rising, up 4.55% to $5.74 in midday trading, after Switzerland unexpectedly abandoned its three-year cap on the franc, sending the dollar downwards and gold prices higher...

New York Gov. Andrew Cuomo is pitching a competition that would pit seven upstate regions against each other for a chance to win $1.5 billion in economic development money.

NEW YORK (TheStreet) -- Shares of Energy XXI are down 4.58% to $2.50 today with oil prices falling as a glut of crude, a strong dollar and expectations of weak global growth weighed on the market, the Wall Street Journa...

This article is by Drew Neisser, founder and CEO of Renegade.

The Swiss franc's abrupt movement shows how the monetary activism of central banks, in this case, the E.C.B., can have unintended consequences.

The sudden move by the bank came just days before one of the most important tradeshows in the Swiss watch industry, Salon International de la Haute Horlogerie (SIHH), set to open January 19 in Geneva. Sixteen watch bands...

WASHINGTON

A cash-strapped division of casino giant Caesars Entertainment Corp. said early Thursday that it filed for bankruptcy protection in Chicago, hoping the court agrees to its plan to get out from under $18.4 billion of debt...