Freeport McMoRan said it would explore options for its troubled oil and gas business and cut the size of its board.
Overseas loans by banks in Hong Kong fell significantly for the first time in more than four years in August, the month China devalued the yuan.
Some twenty days into an emissions-cheating scandal, Volkswagen—one of Chattanooga, Tenn.’s biggest investors and major employers—is vulnerable amid a management shake-up and dented credibility.
Boardroom drama is intensifying at Viacom amid questions about the health of Executive Chairman Sumner Redstone, as Wall Street ponders what the struggling media giant might look like without him.
The GOP hopeful says her time at the helm of H-P shows her business savvy, but an examination suggests her vision and marketing talent largely overshadowed her ability to deliver results, and H-P’s shares fell 55% during the time.
Famed newsman Walter Cronkite once gave a friend an unusual birthday present: a shard of porcelain he said came from Hitler’s lavatory.
The new temporary leader of DuPont knows a lot about breaking up big businesses, a skill he could put to use at the chemicals conglomerate that has fought off calls for a split for most of this year.
DraftKings and FanDuel scrambled to contain fallout, as questions arose over whether the billion-dollar fantasy-sports startups do enough to police employees who have access to inside data.
The EU’s highest court struck down a trans-Atlantic data pact used by thousands of companies to transfer Europeans’ personal data to the U.S., a decision that will ripple through businesses.
Goldman Sachs and J.P. Morgan Chase are running up against wary investors in an attempt to shed leveraged loans backing the buyout of online clothing retailer FullBeauty Brands.