5:47pm: So-called proprietary trading unit had been making trades to hedge against risk. CEO Dimon cites 'errors' and 'bad judgment.' More
Berkshire Hathaway's Charlie Munger says he's more afraid of the 'crazies' in the Democratic party than extreme conservatives.
Facebook has long faced criticism for being too focused on the Web and neglecting its mobile products. Now mobile monetization is posing a problem.
Exxon Mobil reclaimed the top spot on the Fortune 500, pushing Wal-Mart to No. 2. See the full list of America's largest corporations.
Cisco CEO John Chambers says that businesses are growing concerned about the economy, and spending has tapered off.
Thursday's numbers mark the second straight week that mortgage rates broke records.
Oil rig workers make on average just under $100,000 a year, but salaries can vary widely depending on skills.
Coty increases the price of its offer for Avon Products, one day after its majority owner announces a $2 billion stock sale. Buffett's Berkshire Hathaway will join the bid.
Safeway becomes the latest food company to announce it will stop using sow gestation stalls, joining McDonald's, Burger King, Wendy's, Smithfield, Cargill and Hormel.
Here are three ways in which companies can avoid a Yahoo-like debacle.
Americans filing for unemployment benefits falls by 1,000, as closely watched reading shows modest improvement.
Shares of Digital Domain, the tech firm behind the Tupac 'reunion' that's got music fans excited, have surged in recent weeks. But the company is still losing money.
The currency has fallen from its highs from earlier this year but it has still held up well despite many negative headlines.
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