GM CEO Mary Barra Meets with Reporters Over Recall of Defective Cars

General Motors Co Chief Executive Mary Barra said on Tuesday that she did not learn details about defective GM cars linked to 12 deaths...

Chinese E-commerce Giant Alibaba to Go Public in U.S. with Huge IPO

The biggest company you probably never heard of says it will go public with what analysts say could be a huge IPO. The fancifully named...

Quiznos Files for Bankruptcy Protection

Denver-based Quiznos has filed for Chapter 11 bankruptcy protection to reduce its debt by more than $400 million after the chain lost ground to...

Target Warns that Additional Theft from Data Breach Could be Uncovered

Target warned Friday that its ongoing investigation of last year's massive data breach could turn up "additional information that was accessed or stolen." The retailer...

Another NY Financier Commits Suicide: There Has Not Been a Rash of Such Suicides...

A Manhattan trader was killed Tuesday morning by a speeding Long Island Rail Road commuter train, marking at least the seventh suicide of a...

New Jersey Becomes Third State to Ban Tesla Motors from Selling Cars to Customers

Tesla may be selling one of the world's most acclaimed automobiles, but it won't be selling them in New Jersey, the state declared Tuesday,...

Papa Murphy’s Pizza Chain Plans $70 Million IPO

Papa Murphy’s Holdings, the Vancouver, Wash.-based chain of pizza outlets, hopes to raise as much as $70 million in an initial public offering of...

Are Brighter Days Ahead for JC Penney?

Could JC Penney be on the verge of a turnaround? It has seen no shortage of bad news in the years since the financial...

Pizza Chain Sbarro Files for Bankruptcy for Second Time in 3 Years

Sbarro says it’s filing for Chapter 11 reorganization, marking the struggling pizza chain’s second trip through bankruptcy court in less than three years. The filing...

Bitcoin Exchange, Mt. Gox, Files for Bankruptcy in U.S.

Bitcoin exchange Mt. Gox has filed for Chapter 15 bankruptcy proceedings in the United States. The once-dominant Bitcoin trading post filed for Chapter 15 in the...

Bitcoin Buying Stays Strong Despite Bankruptcies and Topsy-Turvy Rates

Future generations of Bitcoin billionaires may someday look back on 2014 with knowing smiles. Here was a year when thefts spread, exchanges collapsed, rates gyrated...

U.S. Stocks Rise as Positive Hiring News Edges Out Concerns Over Ukraine

U.S. stocks rose a second week, sending the Standard & Poor’s 500 Index (SPX) to a record, as better-than-forecast data on hiring and manufacturing...

Despite Epic Freeze, Employers Add 175,000 Jobs in February; Unemployment Rate Rises to 6.7%

U.S. job growth accelerated sharply in February despite the icy weather that gripped much of the nation, easing fears of an abrupt economic slowdown...

Cerberus to Merge Safeway with Albertsons Stores in $9 Billion ‘Super’ Deal

A group led by the private equity firm Cerberus Capital Management agreed on Thursday to buy Safeway in a deal worth more than $9 billion, giving it control of the...

Staples to Shut Down 225 Stores

It’s not the most wonderful time of year for Staples: the office-supplies retailer released disappointing fourth quarter earnings results Thursday morning, reporting profit and revenue that came...

RadioShack to Shut Down 1,100 Stores in U.S.

RadioShack plans to close up to 1,100 of its underperforming stores in the U.S. and reported a wider loss for its fourth quarter as...

Apple’s CFO, Peter Oppenheimer, to Retire this Fall

Apple Inc said Chief Financial Officer Peter Oppenheimer would retire at the end of September. Luca Maestri, Apple's vice president of finance and corporate controller,...

Bill Gates Back on Top of Forbes’ Richest People List; List Sees Record Increase...

Bill Gates has returned to the top of Forbes magazine's annual list of the world's richest people, as rising stock markets swelled the ranks...

Number of Suicides Being Committed by Wall Street Investors and Businessmen Leads Some to...

There have been several prominent news reports on the sudden and mysterious deaths of several bankers and businessmen from around the world since January,...

Citigroup Dealing with $400 Million Fraud Scandal at Mexican Subsidiary

At the helm of Citigroup for just a year and a half, Michael L. Corbat has been trying to transform into a boring bank a global giant that...