Business News

Energy companies aren't finished shedding jobs due to crude oil prices that are half what they were about six months ago, the top executive at oil-field services giant Schlumberger warned.

Rumor has it Google might buy mobile payments company Softcard -- a move that could help Google compete with Apple's fledgling Apple Pay payments service.

-- Two leading Republicans, seeking to head off the nation's top telecom regulator, proposed legislation that would set the rules of the road for Internet traffic.

Watchmakers gathering in Geneva for one of the industry's champagne events will be anxiously digesting the impact of the Swiss central bank's move to scrap the minimum exchange rate.

The bankruptcy courts have claimed yet another fashion victim. Wet Seal filed a Chapter 11 reorganization plan on Friday, the latest mall-based teen-clothing retailer to succumb to brutal competition in...

A careful observer might note the chunky double glazing on the elegant windows and the heat pump whirring outside the basement entrance. From the outside the five-storey house in London's posh Notting Hill district looks...

An advanced party of Chinese peacekeepers is in South Sudan and the rest of the 700-strong contingent is due to arrive by early April, a UN official told Reuters on Friday, part of a surge in a UN mission to protect civi...

Belgium started deploying soldiers to guard Jewish community institutions, foreign embassies and buildings belonging to the European Union and the North Atlantic Treaty Organization on Saturday, as governments across Eur...

Investors poured more venture capital money into companies during 2014 than any year since the turn of the century, according to a report released Friday.Companies collected a staggering $48.3 billion in 4,356 separate i...

It will get worse before it gets better for Atlantic City's beleaguered casinos. Gaming giant Caesars put its biggest unit into bankruptcy this week -- a move that will add...

The Woody Creek, Colo., ranch where George H. W. Bush and Margaret Thatcher gathered on the day that Iraq invaded Kuwait, sold this week for $23.5 million.

The settlement will most likely end a long-running campaign by Mr. Peltz and his team to break up PepsiCo, who have asserted that investors would benefit by spinning off the company's beverages business.

This story was originally published by 24/7 Wall St. To be truly hated, a company must alienate a large number of people. It may irritate consumers with bad customer service, upset employees by paying low wages, and disa...

The world's biggest tech companies are preparing to introduce high-resolution audio files that will increase the price of digital music sales and the new devices the files play on. Apple, Sony, and Pono, a music player p...

NEW YORK (TheStreet) -- Target's  major bust in Canada leads the short list of retailers that failed at establishing major new businesses and in the process, put the hurt on their financials. Common themes among the s...

CNET's Kara Tsuboi and Nick Statt will be traveling to Redmond, Wash., for Microsoft's Windows 10 event January 21. In this Inside Scoop, they discuss the event itself and what Microsoft needs to do to ensure this produc...

Losses occurred on bank's trading desks and aren't tied to its relationships with FXCM and other retail trading platforms, says an official who asked for anonymity

How'd a guy with a bachelor's degree in biology and without a Facebook profile become one of social media's most valued fashion experts?

Acid-tongued hedgie Leon Cooperman tore into the management of Altisource during an investor call on Friday, asking "whether your testicles are bigger than your brains or your brains are bigger...

Even the masters of the universe are no match for the markets. Lloyd Blankfein's Goldman Sachs reduced compensation to one of its lowest levels in years as lighter trading --...

Markets could see one of the busiest weeks in 2015 due to the volatility in the commodity complex and foreign currency. Traders also have to deal with a heavy earnings calendar, key housing data in the U.S. and a slew of...

Consumers replaced worn-out models and analysts said they expected a modest upward trend again this year.