Les Hinton became the second major executive casualty of the News Corp. phone hacking scandal, resigning the same day as the company's U.K newspaper CEO.
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Activist investor Carl Icahn has moved to put Clorox in play, launching a bid that values the 98-year-old maker of household products at $10.2 billion and pressing the company to seek other possible buyers.
U.S. prosecutors are ratcheting up the pressure on Credit Suisse Group as part of an escalating tax-evasion probe.
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A Chevron employee's disclosure of trading profits through an email provides a rare—and unintended—glimpse into the extent of crude-oil and fuel trading activities at a major energy supplier.
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TTI Floor Care North America, the owner of the Hoover and Dirt Devil vacuum cleaner brands, has put itself up for sale and is seeking as much as $900 million.
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Deutsche Börse said 82.4% of its shares had been tendered in favor of the planned combination with NYSE Euronext, solidifying stockholder approval secured Thursday.
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Apple netted a victory in its legal dispute with HTC, as an International Trade Commission judge ruled the cellphone maker infringed two Apple patents.
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McDonald's is increasing prices of some menu items in China to help offset the continued food-cost and wage inflation.
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Royal Dutch Shell plans to sell its stake in a long-stalled $17 billion natural-gas production and pipeline project in Canada's far north.
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Toy maker Mattel's second-quarter earnings rose 56%, helped by sales of merchandise related to the movie "Cars 2" and favorable foreign-exchange rates.
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Floyd Wilson has pulled off the biggest coup of his career, reaching an agreement to sell the oil and gas explorer to BHP Billiton for $12.1 billion.
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Baseball's Lovable Losers are at it again, but this time they're losing some love along with the games, as the Chicago Cubs are on pace to sell fewer than three million seats for the first time in eight years.
As Congress tries to cut the budget, lawmakers look to sacred cows that have long escaped slaughter—including valuable government-owned properties.
Terry Lanni,the longtime CEO of MGM Mirage, the casino company founded by Kirk Kerkorian that grew into one of the largest gambling concerns in the world, dies at 68.
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As J.P. Morgan, Citigroup, Bank of America and Wells Fargo report their earnings, modest loan growth and cost cuts will be in focus.
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U.S. inflation fell in June as gasoline prices retreated from early summer highs, but rising costs for a host of items are keeping pressure on households and could complicate any efforts by policy makers to boost the economy. Separately, U.S. industrial output rose less than expected.
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AG Friday said it will file cancer drug pertuzumab for approval in Europe and the U.S. later this year.
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Investor David Lichtenstein's Lightstone Holdings owes lenders $100 million because he violated loan documents prohibiting him from seeking bankruptcy for the Extended Stay hotel chain, a judge ruled.
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