The stock market has shifted to neutral, and investors don’t expect the rest of 2015 to be a joy ride.
Greece became the first advanced economy to default on loans from the IMF, despite Athens’s last-minute push for emergency aid.
ConAgra Foods, under pressure from an activist investor, said it plans to jettison its struggling private-label business less than three years after spending $5 billion to buy it.
Donna Karan, one of the most influential shapers of contemporary American fashion, will step down as chief designer of her namesake company Donna Karan International.
China’s markets were roughly flat Wednesday as investors took stock of a choppy period of trading over the past two weeks that has rolled back some of the gains from a yearlong bull market.
Celgene’s new partnership with Juno is expensive, but the risk is well-considered.
Towers Watson has little justification in paying a premium to buy underperforming insurance broker Willis.
MasterCard said it has stopped processing the purchase of ads on classified website backpage.com after receiving a request to do so from the sheriff in Cook County, Ill.
Big-bank holdings of derivatives have fallen sharply in the years since the financial crisis.
A French boutique hotel brand known for outrageous flourishes is hoping its risqué formula can translate across the Atlantic, starting with the opening of its first U.S. property in Los Angeles.