Stocks and bonds of European banks are selling off sharply. That is because a big profitability problem risks making their other, known issues worse.
Volkswagen said its head of quality assurance will leave the company, as Chief Executive Matthias Müller continues to shake up the car maker’s management in the wake of its emissions-cheating scandal.
Since its Whistleblower Program was launched in 2011, the Commodity Futures Trading Commission has spent more on administrative costs than it has paid out in bounties.
Anglo American Chief Executive Mark Cutifani said this year is set to be even more difficult for mining companies and commodity markets than 2015.
India’s telecommunications regulator issued rules requiring companies to charge the same price for access to any website.
The complex intertwining of the U.S. business and personal-tax systems is complicating Congress’s ability to address wider business-tax issues such as inversions.
The pharmaceutical industry is ramping up an advertising campaign designed to improve its reputation with lawmakers, as it lobbies against any effort to rein in prescription costs.
The presumed heir apparent to Bridgewater Associates founder Ray Dalio is discussing giving up his job as co-chief executive of the world’s biggest hedge fund, creating uncertainty about the future leadership of the firm.
The CEO of Credit Suisse has asked his board to slash his bonus, after the Swiss bank posted quarterly results that sent its share price tumbling lower.
Record harvests, the strong dollar and cheap oil are combining to shake up the multibillion-dollar global wheat market.