Market News

Brazil's federal police have arrested another former executive of state-run energy company Petróleo Brasileiro SA.

The Sensex fell 75.07 points to close at 27,945.80, after earlier marking its highest daily level since 20 April, while the Nifty lost 8.15 points to 8,444.90

U.S. securities regulators voted 3-2 to propose rules requiring public companies to "claw back" top executives' incentive pay if the firms' financial statements later were found to contain errors.

Malaysian investigators scrutinizing a government investment fund have traced nearly $700 million of deposits into what investigators believe are the personal bank accounts of Prime Minister Najib Razak, according to doc...

In the latest look at stocks ordered by largest market capitalization, Russell 3000 component Incyte Corporation (NASD: INCY) was identified as having a larger market cap than the smaller end of the S&P 500, for example ...

The acquisition of Chubb by ACE likely signals the start of a merger rush for U.S. insurers. AIG isn't likely to join in.

Shares of Yelp Inc. (NYSE:YELP) tumbled more than 10 percent Thursday after a report that the consumer review website is no longer exploring a sale, Bloomberg reported. The stock plunged 10.5 percent to a 52-week low of ...

Activism-defense specialist William Anderson is leaving Goldman Sachs for Evercore Partners, according to people familiar with the matter.

Farmers are on track to produce a record amount of pork this year, with a wave of hogs processed this spring heralding cheaper ribs and sausages for the Independence Day holiday.

The head of Asia rates and currency research at Deutsche Bank says India is a savings deficit economy, so it needs to be more open to tapping into the global capital pool to meet its investment needs, with adequate safeg...

Sardar Biglari, the highly criticized CEO of Steak 'n Shake parent, Biglari Holdings, has increased his control over the company significantly through a successful tender offer made by a shareholder funded investment veh...

The aisles of the Macy's store at Herald Square in New York City buzzed with customers Thursday as consumers of all ages and ethnicities peered at shiny cufflinks, tried on bright blouses and compared cosmetic products. ...

In afternoon trading on Thursday, Energy stocks are the best performing sector, higher by 0.5%. Within that group, Pioneer Natural Resources Co (NYSE: PXD) and Chesapeake Energy Corp. (NYSE: CHK) are two large stocks lea...

The twenty-sixth full trading week of 2015 comes to a close with the Dow Jones, S&P 500 and the NASDAQ composite lower on the day, in early afternoon trading on Thursday.

An improving job market is giving Americans the wherewithal to keep buying more. But things aren't so good that spending is about to really rip.

Qualcomm has been on the defensive in recent months, uncharacteristically so. March-period earnings were strong, though the company lowered full year guidance, as we noted at the time. Contributing to the diminished outl...

The Justice Department is probing airline expansion practices. But cheap valuations will allow shareholders to be patient.

In an attempt to defend its leading position at New York's John F. Kennedy Airport, Delta Air Lines decided to launch new upgraded flights to Los Angeles and San Francisco in the second half of the year. The news came al...

The global M&A industry saw investment banks help companies close deals worth $820 billion for the second quarter of the year according to data released by Thomson Reuters. This is 23% higher than the $667 billion figure...

Skepticism surrounding BlackBerry?s turnaround plan appears to have mounted, after it missed Q1 FY 2016 earnings and revenue expectations last week. The miss was driven by weak uptake of its two new flagship devices, plu...

Issuance of commercial paper has surged in India as companies make an end run around banks, which have been slow to pass along central-bank rate cuts to customers.

With opinion polls suggesting the vote on Greek austerity may be close, many investors are opting to ride out the storm and stick with their holdings of European stocks.