Nickel prices have sunk to their lowest level since March, extending a roller-coaster year for investors, amid a gloomy economic outlook and fallout from a trade-financing scandal in China.
The chairman of China International Capital Corp has resigned, marking the second top management change in less than two weeks.
Junk-bond prices have bounced back after their steepest decline in more than a year, underscoring the thirst for higher-yielding investments despite concerns about an overheated market.
Procter & Gamble shook up its senior management ranks, naming new leaders for key businesses and narrowing the field of potential successors to CEO A.G. Lafley.
Luxottica named a P&G veteran as a co-CEO on Wednesday, seeking to put an end to a month of turmoil caused by the return of founder Leonardo Del Vecchio to active management of the world’s largest eyewear group.
Struggling Boston law firm Bingham McCutchen is appealing to its partners to stick around, and says profitability is improving after a tough 18 months marked by lawyer exits and sliding revenue.
Private-equity firm TPG has taken a minority stake in GreenSky Trade Credit LLC, an investment that values the consumer-finance company at nearly $2 billion.
Blue-chip companies are posting poor growth as their once-reliable formulas for success left them too big to switch tack quickly when market conditions changed.
AT&T lowered its revenue outlook for the year, pointing to fewer-than-expected sign-ups for its no-contract Next wireless plans that require customers to pay full price for their smartphones.
EMC Corp. confirmed it will buy a portion of Cisco Systems Inc.’s stake in a joint venture called VCE, effectively making that company part of EMC.