Ukraine’s government secured a vital debt-relief deal, the country’s finance ministry said, a key step toward unlocking billions of dollars in emergency financing.
Activist investor Carl Icahn disclosed a stake in Freeport-McMoRan Inc. on Thursday, saying shares are undervalued and that he plans to talk with management.
Stocks soared for the second day in a row, with the Dow Jones Industrial Average erasing its losses for the week, as renewed optimism about the U.S. economy eased concerns about the pace of global growth.
The market crash in China and weakness across Asia is providing a short-term boost to investment-banking revenues, but the picture for several Wall Street businesses is grimmer in the longer term.
A federal labor ruling released Thursday could put thousands of companies on the hook for workplace disputes and union-organizing matters involving temporary and franchise workers.
The Chinese affiliate of Uber is close to securing about $1 billion in new funding from investors in the region, part of the ride-hailing company’s rivalry with deep-pocketed Chinese rival Didi Kuaidi
The stock market’s sharp drop on Monday presented an opportunity—but also a risk—for advisers with clients looking to invest a large chunk of cash from an inheritance, home sale or other life event.
Market turmoil has cast doubt on the Fed’s September intentions. But a rate increase remains very much on the table.
At BMW’s annual results presentation in March, former Chief Executive Norbert Reithofer warned of a coming slowdown in China. These days his prediction seems optimistic.
Tiffany is exposed to the strong dollar and the fluctuations of the global economy. But much of that may be priced in.