Business News

Morgan Stanley has promoted a star trader to run fixed income as well as equities.  Edward Pick, who ran the bank's equities arm, has been named global head of sales and trading, according to an internal memo reviewed ...

It was the worst quarter since 2011

One of the world's largest fertilizer makers is settling a massive hazardous waste lawsuit for nearly $2 billion to help clean up pollution and upgrade leaky facilities in Florida and Louisiana, according to the U.S. Dep...

Apple made $25 billion over the past year from its enterprise business. The launch of the new iPad Pro may help the company in penetrating deeper into the enterprise business.

Former Chicago Bears cornerback Jerry Azumah last week sold his three-bedroom, 4,060-square-foot town home in River North for $1.525 million. Azumah, 38, retired from the Bears in 2006 after seven seasons with the team. ...

Limited bandwidth means missed opportunities

He's the board's only African-American

WASHINGTON (AP) -- U.S. manufacturers expanded at their slowest pace in two years last month, held back by faltering global growth and cutbacks in oil and gas drilling. The Institute for Supply Management said Thursday t...

Even the best investors don't like the look of their returns

When it comes to managing money, your 20s are a critical decade. Time is on your side when you're young, and a head start in saving and investing can result in massive financial gains later down the road. It's equally im...

We recently released our list of the most powerful companies in America, breaking down which ones command the most influence. To determine how powerful each company is, we factored together revenue, number of employees,...

(Reuters) - Dunkin' Brands Group Inc estimated slower comparable sales growth at its U.S. Dunkin' Donuts stores for the third quarter and said it would close 100 stores in the country.

Six social entrepreneurs will compete for a $1 million prize at the FORBES Under 30 Summit. Meet these world-changing young minds here.

New United Airlines CEO Oscar Munoz said in an exclusive interview this week that the airline hasn't lived up to the promises it made five years ago Thursday when it merged with Continental Airlines, and he pledged to do...

Retired Gen. Wesley Clark is hawking grilled cheese and soup these days. Clark, the vice chairman of the Grilled Cheese Truck, a publicly traded company that puts veterans to work...

NEW YORK (AP) -- A New York auction of American coins from 1792 to the 1830s fetched $26 million on Wednesday. The auction was held jointly by Stack's Bowers and Sotheby's. The 105-coin sale was the second of five auctio...

Partners Sherif ElRakabawy and Mohamed Ewis were deep in negotiations with a venture capital firm for funding for their startup, Egyptian online shopping portal Yaoota, when suddenly: Radio silence.

TOKYO (AP) -- Sentiment among big Japanese manufacturers slipped in the most recent quarter, the central bank said Thursday, underlining the shaky footing for growth in the world's third largest economy. The Bank of Japa...

Over the past several months it has become increasingly clear that the US dollar has been the best house in an otherwise bad neighborhood. I have been both a vocal proponent and a benefactor of this notion. There are sev...

(Reuters) - Wal-Mart Stores Inc is planning to lay off hundreds of people at its headquarters in Arkansas as part of the retail giant's efforts to pare costs, people familiar with the matter said.

If done right, the momentum from PR will help propel you to new customers, more funding, and better opportunities.

Sprint may be preparing to make some major cuts, including layoffs, as it struggles to rebuild its network and gain ground on rival carriers. A Dow Jones report this afternoon says the carrier will cut between $2 billion...