Business News

WASHINGTON

Shyam Metalics' share sale would be the first IPO by a steel maker in more than seven years

Sales of memory chips and its new Galaxy S9 smartphone help boost the South Korean giant's performance.

Five things you should know about GDPR

Wall Street eked out a small gain Wednesday as optimism over upbeat earnings offset jitters over rising bond yields and corporate costs. Fred Katayama reports. Video provided by Reuters        

Three facts about Mike Francesa's return to WFAN, including why it won't go as well as his good-bye and who really failed in all this mess.

Costlier fuel sends profit plunging at American Airlines, and CEO warns that higher pump prices are likely to lead to fare increases

The measures will lead to a "significant reduction" in the roughly 97,100-person workforce this year, the German banking giant said.

The discount retailer is mulling a number of options, including a company voluntary arrangement.

The chair of the Senate Banking Committee has asked big banks to explain why they've curtailed business with the gun industry in the wake of a recent mass shooting.

General Motors' first-quarter net income fell 60 percent, but the company handily beat Wall Street estimates as U.S. sales rose

(Reuters) - Wall Street stocks opened higher on Thursday as U.S. bond yields pulled back from the 3 percent level, and a 9 percent jump in Facebook's shares after strong results helped the Nasdaq rise more than 1 percent...

Kate Taylor Subway is planning to close another 500 stores in 2018. Last year, the sandwich chain's US store count fell by 909, losing almost three times as many locations as the year before. Subway's struggles are tied ...

AP Photo/Matthias Rietschel AMD told analysts on its first quarter earnings call that it's not worried about second-hand graphics chips flooding the market as the interest in crypto dies down. Cryptocurrency mining made ...

A Kentucky jury has awarded two former coal miners who filed a civil lawsuit claiming defective dust masks led to their debilitating black-lung disease $67.5 million in damages. The Lexington …

Walt Disney Co. executives are emphasizing their Chinese connections as they launch an extension of the $5.5 billion Disney Resort in Shanghai amid rising trade tensions and threats of punishing …

Cubeyou denies that data collected through quizzes on the social media site was misused for marketing.

SAN FRANCISCO

The 10-year battle of billionaires Louis Bacon and Peter Nygard isn't over yet. A New York appellate court gave hedge funder Bacon's $50 million defamation suit against his Bahamian next-door neighbor, Canadian fashion-m...

Putting aside the spin of both credit unions and banks, we offer some informed predictions about how the financial industry would be reconfigured if the century-old tax break were to disappear.

The auto industry is experiencing a paradigm shift with the growth of the global electric vehicle (EV) market, as well as the vast potential offered by disruptive new sectors like the autonomously-driven vehicle. Carlos ...

Even as a mature company facing public backlash, Facebook managed to increase its revenue and user growth in the first quarter, an amazing feat.