A bankruptcy judge largely rejected a ‘double-dip’ bid by a former Lehman Brothers bond trader for an $83 million bonus.
United Auto Workers President Dennis Williams is confident he won’t have a repeat rejection on a revised pact with Fiat Chrysler, arguing the new deal gives entry-level workers a “clearer path” to parity with higher-seniority workers.
If Dell does move to buy EMC, it will have to sell a huge debt issue. While that may be possible, a deal would zig while others are zagging.
Major U.S. stock indexes posted their best weekly performance in months, boosted by gains in the price of oil.
Peru is serving as a symbol of downgraded hopes across emerging economies buffeted by a collapse in commodity prices, the pullback in China and an upswing in the dollar.
A Delaware judge rejected the settlement of a shareholder lawsuit against Hewlett-Packard Co., saying the welter of litigation challenging corporate mergers has become a systemic problem.
A top Chinese central banker said the yuan exchange rate would become “more flexible,” suggesting China will continue to unwind its tight grip over its currency. WSJ PRO
Marketplace lenders like Lending Club and On Deck are growing fast—and expensively.
The latest Federal Reserve minutes showed worries over the low level of inflation were the main reason policy makers stood pat on rates. If they were worried then, they may be more worried now.