Sumner Redstone, the 92-year-old controlling shareholder of Viacom and CBS, lacks the capacity to manage his own affairs, his former girlfriend said in court documents.
After Li Ka-shing’s deal defeat, investors should start anticipating a new prize for Power Assets’ shares.
A sharp slowdown in printer supplies poses a growing problem for the new HP.
Rosy forecasts have helped George Osborne’s budget numbers add up.
Brazil’s federal police arrested André Esteves, the CEO of Brazil’s largest investment bank, and Sen. Delcidio do Amaral, of the ruling Workers’ Party, in a widening of the Petrobras probe.
The number of Americans filing for first-time unemployment benefits decreased last week, a healthily signal for the labor market.
American Airlines has stopped accepting Argentine pesos for tickets owing to currency controls it said were affecting its ability to repatriate earnings.
A former Goldman Sachs employee has been accused by the SEC of trading on information in investment bankers’ emails about upcoming mergers and acquisitions.
U.S. consumers have grown increasingly cautious ahead of the holiday shopping season, a potential weight on economic growth during the final months of the year.
Sales of newly built homes rose in October, leaving the housing market on track for its best year since 2007.