KKR is weighing an investment in Saks, possibly with an eye toward merging the high-end department store with rival Neiman Marcus, according to a person familiar with the matter.

Faced with public outrage over tax-evasion scandals at a time of austerity budgets, European leaders are trying to ensure that everybody—from high rollers to big multinationals—pays their fair share.

In a day of conflicting messages from the Fed that roiled financial markets, Chairman Ben Bernanke left some straightforward new clues about the central bank's plans for its $85 billion-a-month bond-buying program. The minutes from the most recent meeting, however, undermined the bid for clarity.

Copper prices settled near six-week highs but pulled back from earlier peaks, as worries about the future of the Fed's monetary stimulus tempered suggestions of tighter supplies.

The chairman and CEO of Puerto Rico's Popular declared his candidacy to become president of the International Olympic Committee.

Ghana hopes to become the latest African country to ride the wave of cheap borrowing with the sale of a new bond aimed at international markets for only the second time in its history.

Profits never go out of fashion. Sadly, the same can't be said for the wares on display at Gap and its competitors.

Some of the biggest U.S. companies, including Google and FedEx, have quietly removed hundreds of offshore subsidiaries from their publicly disclosed financial filings over the past several years.

SoftBank is readying a plan to allow the U.S. government an unusual level of influence over the operations of Sprint, a concession to ease security concerns raised by the proposed cross-border takeover.

Japan's All Nippon Airways started up two budget carriers last year, it got an unlikely perk from the ventures: some lessons in how ANA itself can become more nimble.