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Sheryl Sandberg Pledges Half Of $1 Billion Fortune To Charity

Facebook Chief Operating Officer Sheryl Sandberg and her husband, Dave Goldberg, have pledged at least half of their $1 billion fortune to charity. The Giving...

Fed Official says U.S. Economic Growth May Not be On Steady Path for Months...

The United States economy will probably start picking up in the second quarter towards an annual rate of about 3 per cent, but it...

Office Depot Sees Boost in Shares After Annoucing Plans to Shut Down 400 U.S....

Office Depot Inc (ODP.N) said it would close at least 400 stores in the United States over two years as it looks to consolidate...

Cisco to Invest $150 Million in ‘Early Stage’ Companies

Cisco Investments, the corporate venture capital arm of Cisco, today announced it is allocating an additional $150 million over the next two to three...

Study says that Businesses in the U.S. are Collapsing Faster Than They’re Being Created

The American economy is less entrepreneurial now than at any point in the last three decades. That's the conclusion of a new study out from...

Chinese E-commerce Giant Alibaba Files for IPO in U.S.

Chinese e-commerce giant Alibaba Tuesday filed its much-anticipated plans to sell shares in what could be one of the biggest initial public offerings ever. Alibaba...

Disney Sees Huge Jump in Shares Thanks to Hit Movie “Frozen”

Media company Walt Disney Co on Tuesday reported higher profit that beat Wall Street expectations for the quarter that ended in March, boosted by...

Target CEO, Gregg Steinhafel, Resigns as Company Struggles to Recover from Data Breach

Gregg Steinhafel, the chairman and chief executive of Target, resigned on Monday, the latest in a series of moves made by the company as...

Bankruptcy Judge says GM May Still Face Lawsuits Over Defective Ignition Switch

General Motors could be exposed to nearly 60 class-action lawsuits related to its ignition-switch crisis affecting 2.6 million vehicles worldwide and linked to at...

Ford Motor Names Mark Fields as Its New CEO

Ford Motor may have groomed COO Mark Fields to become its new chief executive come this summer, but the automaker kept its options open...

WATCH: Ford Motors Officially Hands the Keys to New CEO, Mark Fields

Mark Fields will take the keys to a Ford Motor Co. that is lean, profitable and a far cry from the near-bankrupt carmaker taken over...

Pfizer Wants to Buy AstraZeneca: $100 Billion Deal Possible

U.S. drugmaker Pfizer Inc is working on its next move in a potential $100 billion battle for Britain's AstraZeneca Plc after having two bids...

Why Saudi Arabia’s Plan to Build the World’s Largest Skyscraper Could Spell Doom for...

Saudi Arabia is expected to begin work on the Kingdom Tower next week. The building in Jeddah is expected to cost $1.23 billion and stand...

Amazon Shares Take a Hit After Scanty First Quarter Profit Report

Amazon.com’s shares sank nearly 10 percent Friday after a handful of analysts lowered their price targets for the online retail giant. When Amazon announced its first-quarter...

Natural Hair Brand, Carol’s Daughter, Files Bankruptcy

Companies affiliated with Carol’s Daughter filed for Chapter 11 bankruptcy protection Thursday in connection with the beauty brand’s move to close most of its stores. CD Stores...

Microsoft CEO Satya Nadella Wins Over Wall Street with Willingness to Transform

Microsoft Corp's new chief executive on Thursday won rave reviews for his first public encounter with Wall Street analysts who said he communicated willingness...

Ford Expected to Name Mark Fields as Next CEO as Alan Mulally Retires

Ford Motor (F) Co., the second-largest U.S. automaker, will soon name Mark Fields its next chief executive officer and reveal when current CEO Alan Mulally will retire from the...

BP Refuses to Pay for U.S. Gulf Oil Spill Studies

BP is refusing to pay a large bill for US government-led studies into its 2010 oil spill in the Gulf of Mexico, including research into its...

Legal Woes Push Bank of America Into $276-million Loss

Socked by mortgage-related legal expenses, Bank of America Corp. lost $276 million during the first quarter, sending its stock down sharply. The quarterly loss, its first in...

Janet Yellen: Big Banks May Need More Money to be Ready for Financial Crisis

Federal Reserve Chair Janet Yellen said additional capital may be required for large U.S. banks whose source of funding could be at risk during a financial crisis. A...