Efforts to keep Greece out of default and in the eurozone grow more uncertain by the day.
China's Dalian Wanda Group and AMC Entertainment announced Monday a $2.6 billion deal to take over the U.S. theater group, forming the world's largest cinema chain, according to a new release on the deal.
Yahoo and China's Alibaba Group have agreed to a $7.1 billion deal in which the Hangzhou-based internet behemoth buys back half of Yahoo's 40% stake in the company.
In a scolding letter sent to Google on Monday, European regulators outlined their "concerns" about Google's business practices, giving the search giant "a matter of weeks" to shape up or pay up.
As if the debt crisis in Europe and a slow economic recovery aren't enough to deal with this year. Now, investors and businesses are being served another whopping scoop of "who the hell knows?" because of paralysis in Congress over the so-called fiscal cliff.
Rajat Gupta was once a board member at Goldman Sachs and managing director of consulting giant McKinsey & Co. Now, he's the biggest target yet in the government's sprawling insider trading crackdown. Gupta will face trial in New York Monday in a case that will feature evidence from the highest levels of Corporate America.
Is there a conflict of interest when bankers like JPMorgan Chase CEO Jamie Dimon serve on the board of the same institution that regulates them? Insiders say no. But critics harp on the central bank for what seems like an incestuous relationship with Wall Street.
A top regulator said on Monday that tougher rules are needed for international trades to prevent the financial collapse of 2008 and recent losses by JPMorgan Chase.
In late March, Stephen Colbert expanded his super PAC experiment, admonishing his late-night viewers to start organizations of their own on college campuses across America. They listened, and now the Federal Election Commission's roster of approved super PACs is filled with groups registered to addresses in college towns.
Chrysler Group is recalling about 68,000 Jeep Wranglers in the U.S. for a problem that has lead to fires in some cases.