Business News

A CFO wonders how to turn around a struggling division.

The Troy, Mich., company is operating unfettered by regulatory orders for the first time in a decade, and its CEO says Flagstar now has the flexibility to pull the trigger faster on deals and accelerate its diversificati...

A heist in India appears to be the very thing U.S. law enforcement had foretold. But banks shouldn't let their guard down, because cybercrooks have raised raids on cash machines to an art form.

Orbital ATK Bitcoin prices jumped by as much as 7% almost instantly at around 9 p.m. EST. The move coincided directly with a scheduled shutdown of trading platform BitMEX for maintenance purposes. Insiders say the shutdo...

Sales of previously-owned homes fell for the fourth straight month and ran at the slowest pace since February as housing headwinds proved too much for would-be buyers.

Pascal Le Segretain/Getty Images TMZpublished a photo of the actress Asia Argento in bed with Jimmy Bennett, the 17-year-old actor whom she is accused of sexually assaulting. Argento was accused of sexually assaulting Be...

President Donald Trump said Tuesday night that he had threatened to slap a 25% tariff on every car imported into the U.S. from the European Union.

Serta Simmons, the nation's largest mattress maker, is trying to reverse declining sales by merging with a rival in the red-hot bed-in-a box sector as the company announced the deal to acquire Tuft & Needle on Tuesday. T...

Getty Apple CEO Tim Cook has donated23,215 Apple shares to an unspecified charity, according to an SEC filing on Tuesday. At Tuesday's closing price of $215.04, the donated shares are valued at $4,992,153. He still contr...

The half-billion-dollar bet Zynga Inc. made three chief executives ago may have just paid off.

Enforcement actions are on the rise despite recent rollbacks of regulations. Fair lending, money laundering compliance and CRA remain focal points for examiners.

Gov. Bruce Rauner has signed five laws expanding mental health and addiction-treatment services and Medicaid coverage of them. Advocates say the Republican's action Wednesday at Memorial Medical Center in Springfield …...

Jayakumar, whose term ends in September, said to have expressed willingness to continue

And where to get the look.        

Thanks to Michael Cohen's guilty plea, President Trump has effectively become an unindicted co-conspirator in a crime. Resignation may now be his best option. This column presents a benefit-cost analysis to help the Pres...

For many, Instagram remains a place primarily to document our travels and brunch escapades, but the New York Public Library is out to elevate the medium by infusing it with some classic literature. Today, the library's I...

Bank to offer 100 free stock or ETF trades to customers; the BofA unit will deposit uninvested client cash in banks, not money market funds.

Lowe's Cos Inc on Wednesday promised to cut back slow-moving products and unsuccessful business projects as new Chief Executive Marvin Ellison seeks to turn around a company that has trailed bigger rival Home Depot for y...

New Mexico's state government income is surging amid an oil boom that may give legislators an extra $1.2 billion to work with as they craft the next annual budget. Economists …

Target Corp reported its best comparable-sales growth in 13 years and said a strong economy lifted customer visits to the most in a decade, sending its stock to a record high on Wednesday.

One of Switzerland's largest banks, Credit Suisse, has frozen roughly 5 billion Swiss francs ($5 billion) of money linked to Russia to avoid falling foul of U.S. sanctions, according to its accounts, further increasing p...

Gold prices were clinging to a narrow gain above the closely watched $1,200 level on Wednesday as the leading dollar index struggled again.