Business News

RBI will reduce the statutory liquidity ratio by 25 basis points every calendar quarter until the SLR reaches 18% of the net demand and time liabilities as part of aligning it with the liquidity coverage ratio

A regional fisheries organization is examining tiny homes as a solution to the housing shortage in western Alaska. The Coastal Villages Region Fund has constructed a 320-square-foot (30-square-meter) energy efficient …...

The biggest foreign takeover by a Japanese firm, Takeda's £46bn deal for rival drugmaker Shire, has moved a step closer after being approved by shareholders.

French drugmaker Sanofi told unions on Wednesday it was planning to cut 670 jobs in France, a union representative told Reuters.

House builders have led a rally in UK-focused shares as traders bet that the likelihood of a "no-deal" Brexit is fading - and that the chances that Brexit might not happen at all have increased.

Screens affect our productivity, happiness, and health. Ironically, software can be one way to fix that relationship, writes Ashley Whillans. Here’s how. We’re squandering increasing amounts of time distracted by o...

Oil prices fell 1 percent on Wednesday, weighed down by swelling U.S. inventories and a plunge in global stock markets as China's government warned of increasing economic headwinds.

California regulators have taken over Merced Property & Casualty, an insurance company bankrupted by insurance claims from the Camp fire. The small San Joaquin Valley insurer had assets of about $23 million, but expected...

A senior Justice Department official sexually assaulted an employee and pressured another worker to have sex with him in exchange for a promotion, the department's inspector general said Tuesday. The …

Stocks are falling sharply on Wall Street and bond prices are rising as traders worry that not as much was achieved on defusing trade tensions with China as previously thought. (Dec. 4)        

Fishermen are still waiting for permission to catch Dungeness crabs off California's northernmost coast this season -- and they want oil companies to pay for the delay. State officials have postponed the start of the com...

While equity prices drop an average 5% at big banks, bosses express confidence in the U.S. economy; the bank appoints new managers in payments, consumer banking and marketing.

Calls from Social Security imposters using fear tactics have been higher than IRS scams lately, according to the AARP Fraud Watch Network.        

Russian oil producer Gazprom Neft will keep its plan to raise oil output by 50,000 barrels per day in 2019 regardless of the outcome of talks between OPEC and other oil producers, Alexander Dyukov, the company's head, sa...

Riders hired by the gig-economy delivery firm are not entitled to collective bargaining, court rules.

Thumbing through a thick binder detailing European mid-sized and family-owned firms, JP Morgan's Doug Petno has his sights set on a business Europe's banks have kept to themselves.

Will Trump agree to a trade truce with German automakers next?

Brazilian state-run oil company Petroleo Brasileiro SA plans to raise some $26.9 billion via asset sales and partnerships by 2023 while boosting investments on the front edge of an anticipated production boom in Brazil.

Trump expresses optimism about trade with China; global markets not so sure

Waymo, Alphabet's self-driving unit, launched on Wednesday the first commercial automated ride-hailing service of its size among the main U.S. companies vying to dominate the still nascent market.

Global stocks tumbled to one-week lows on Wednesday, as declines by long-dated U.S. bond yields and a renewal of trade concerns stoked fears of a downturn in the United States, the world's largest economy.

24/7 Wall St. reviewed weekly earnings in full-time wage and salary occupations to identify the 20 worst paying jobs for women.