When federal agents showed up at Keila Ravelo’s home three days before Christmas, they kicked off a chain of events that could send her to prison and scuttle the biggest antitrust settlement in U.S. history.
Exchanges and market makers are getting a fresh look from portfolio managers seeking out investments likely to benefit from the large market swings.
Executives at Bank of New York Mellon Corp. are racing against the clock to make it through a backlog of pricing issues before the markets open Monday morning.
The stock market fall pierced the party’s mystique of omnipotence. In an interwoven world, the crisis should spur Beijing to prefer compromise to bullying.
After several years of torrid expansion, the slowdown in smartphone sales in China is expected to hit Asian parts suppliers.
An international court has ordered Volkswagen of Germany to sell its nearly 20% stake in Suzuki, allowing the Japanese auto maker to extricate itself from the tie-up after a four-year struggle.
Federal Reserve officials emerged from a week of head-spinning financial turbulence largely sticking to their plan to raise U.S. interest rates before the end of the year.
China will need to pay the cost of cleaning up its stock-market bailout.
Biotech stocks have long outperformed their big pharmaceutical counterparts. But that could change if the recent selloff persists.
On the 10th anniversary of Hurricane Katrina, insurers are suffering from years of calm seas and low rates.