Business News

A cadre of sometimes controversial property magnates are back in another go-go era for the Middle East's capital of bling.

Paula Schneider is transforming a "wild, wild West" culture to one of discipline, while working to maintain a customer base that is "a little rebel."

Sheryl Sandberg wants women to "Lean In" at work. Just not too much. In her latest New York Times article with Wharton professor Adam Grant, the Facebook chief operating officer says women can be a little too helpful a...

The Outlook: Easing steps by central banks have ricocheted through foreign-exchange markets, driving the currencies of some countries down and those of others, primarily the U.S., up.

Billionaire mining mogul Ira Rennert could have used an asbestos suit at times on Thursday. Rennert, who seldom speaks in public, was forced to testify for about six hours in...

Warren Buffett may be the world's best investor -- but he's one of the worst when it comes to financial disclosure. That's the consensus of long-suffering Wall Street analysts who...

Early trade was conducted in whatever currency was available. Coins circulated across borders in a bewildering variety of forms, creating the need for middlemen to value one token against another. These were the "money-c...

Photographer William Karl Valentine grew up visiting the Pasadena Police Department, where his father was a reserve police officer. When Valentine enrolled at Arizona State University to study photography, he decided tha...

Microsoft's new leadership is fundamentally changing the company for the better

In the previous article, I laid out excerpts of Time Warner Cable's SEC-filed 2013 Annual Report which detailed TWC's profit margin (revenues minus expenses) for High-speed Internet. And we wrote about it because it is a...

British bank HSBC admitted failings by its Swiss subsidiary in response to reports it helped wealthy customers dodge taxes and conceal millions.

Alibaba Group, the Chinese e-commerce leader led by billionaire Jack Ma, said today it has agreed to buy a minority stake in Chinese smartphone maker Meizu for $590 million.

A group of journalistic institutions, including the Guardian, Le Monde, the BBC, and the International Consortium for Investigative Journalists, just published a huge story on global tax evasion through private Swiss ban...

Appointment of Cathy Engelbert makes it the first major U.S. accounting and consulting firm to have a woman CEO

Amgen Inc (NYSE: AMGN) is seeking a preliminary injunction against Sandoz, a subsidiary of Novartis AG ADR (NYSE: NVS) over its application for the biosimilar copy of Amgen's blockbuster drug, Neupogen, for the treatment...

Last September, I sat courtside at the 2014 WNBA Finals and watched Diana Taurasi lead the Phoenix Mercury to its third WNBA Championship (2007, 2009, and 2014). While Taurasi was named the 2014 Finals MVP, in true leade...

Danish bank Saxo Bank is taking a hard line on its foreign exchange customers who placed what turned out to be wrong way bets on the Swiss franc last month, reports The Wall Street Journal.  And while the bank is trying...

For oil price forecasters, it is all but mandatory to start with self-deprecating humor, because the track record is so bad. Late 2013, surveys showed predictions for 2014 of $104 per barrel for Brent. Citi’s forecast ...

When I interviewed Chad Coleman at New York Comic Con last October just before the Season 5 premiere, we discussed “The Grove,” an episode that I considered the series best to that point. (Spoiler alert for Episode 5...

U.S. Treasury Secretary Jacob Lew and U.K. Chancellor of the Exchequer George Osborne offer their prescription for the Group of 20 major economies, as the bloc's finance ministers and central bankers gathered in Istanbul...

Google is a major investor in Uber, but as often happens in Silicon Valley, each company is working on products that could directly compete with the other's.

China can’t feed itself anymore. This fact is underscored by last year’s data on food imports:  the Middle Kingdom took in 25 million tons of corn and wheat from abroad, a 22% increase over 2013. Most of this import...