U.S. stocks gave up their gains Wednesday after oil prices retreated in the wake of disappointing inventory data.
A boardroom drama is intensifying at Viacom amid questions about the health of Executive Chairman Sumner Redstone, as Wall Street ponders what the struggling media giant might look like without him.
Even before the ink is dry on the Trans-Pacific Partnership trade deal, companies are laying out plans to expand in Vietnam and Malaysia.
Nokia laid out management and organizational plans for the group as it prepares for the completion of its €15.6 billion ($17.6 billion) acquisition of French rival Alcatel-Lucent.
The chance to own equity in a young business is enticing, especially to advisers who saw big-brokerage shares hammered in the financial crisis.
Financial turmoil in emerging markets risks hitting global economic growth and triggering asset fire sales world-wide, especially if the U.S. Federal Reserve raises interest rates prematurely, the IMF said.
Flash-storage company Pure Storage opened below its initial public offering price on Wednesday, signaling that a difficult summer for tech IPOs may be seeping into the fall.
Freeport-McMoRan added two new board members through an agreement with Carl Icahn, a day after the struggling company reduced its number of directors by 44%.
French luxury group Kering named Demna Gavasalia as the new artistic director at Balenciaga, replacing Alexander Wang who announced his departure earlier this year.
Moody’s affirmed the U.S. government’s pristine triple-A credit rating Wednesday but warned that uncertainty could be stirred by rough-and-tumble politics.