Good-bye Detroit, hello Hawaii. With markets at record levels and wealth-management fees rising, Wall Street is once again sending top brokers to luxury destinations.
Private-equity firms are increasingly buying companies from each other, a shift driven in part by the relative simplicity of completing such acquisitions.
A report released Wednesday accused wireless carriers of standing by while consumers paid for fraudulent and unauthorized third-party charges on their phones bills.
Yum Brands said news coverage concerning Shanghai Husi Food Co. has led to a "significant, negative impact" to same-store sales at KFC and Pizza Hut locations in China over the last 10 days.
Snapchat is in discussions to raise a new round of financing from Alibaba in a deal that could value the mobile-messaging app at about $10 billion.
The FCC took issue with Verizon's plan to reduce speeds for heavy data users on unlimited data plans at times of high demand.
AMC Networks Inc. is in talks to acquire a sizable minority stake in cable channel BBC America, creating a partnership between two TV companies known for high-quality shows.
RealNetworks Inc. said its board has decided to give the permanent chief executive position to Rob Glaser, who founded the company but had recently been serving as interim CEO.
MetLife, Allstate and Hartford Financial reported lackluster operating earnings for the second quarter, in part due to higher storm and catastrophe-related property claims.
Barclays swung to a net profit in the second quarter but is under renewed pressure in the U.S. after authorities extended a nonprosecution agreement to cover a probe into alleged foreign-exchange manipulation.