General Motors Announces Retirement of General Counsel, Mike Millikin

In a surprising announcement on Friday, General Motors Company (GM) said its general counsel Mike Millikin – who with CEO Mary Barra has been...

Top Lawyer at General Motors Retires

General Motors' top legal official, a controversial figure in the delayed recall of 2.6 million cars for a deadly ignition switch flaw, is retiring. Chief...

Dow Takes Big Hit: Tumbles 173 Points After Turbulent Day

A month-long drop in U.S. stocks intensified Wednesday, when the Dow Jones industrial average at one point lost almost 460 points. The markets recovered somewhat...

China’s Alipay Offers Mobile Wallet for U.S. Sites

China's half billion online shoppers will soon have an easier way to shop in the U.S. Alipay, the payments unit recently spun off from Chinese...

Home Depot Executive VP Marvin Ellison to Take Over as CEO of Fledgling J.C....

The 30-year retail veteran has some challenges ahead of him as he prepares to take over the ailing department store chain.  Marvin Ellison, the...

Abigail Johnson Becomes New CEO of Fidelity

Abigail Johnson has succeeded her father, Edward Johnson 3d, as CEO of Fidelity Investments, the vast, privately held financial services company founded by her...

Nissan Issues Recall for Altima

Nissan is recalling more than 220,000 Altima midsize cars in the U.S. because a secondary latch can fail and allow the hoods to fly...

7 Things Every Business Person Should Know About Faith In the Workplace

Amid growing hostility toward religion, more questions than ever before have arisen concerning what kinds of religious expression are allowed in the workplace—and to...

Tesla Gains $2 Billion After CEO’s Tweet About Upcoming ‘Unveiling’

The electric car company Tesla gained about $2 billion in market capitalization after Elon Musk's October 1 tweet that it "was time to unveil...

Russian Hackers Are Reportedly Behind Massive JPMorgan Chase Cyberattack

Russian hackers appear to be behind the massive cyberattack on JPMorgan Chase that compromised 83 million accounts, a news account Saturday revealed. And the bank...

Can Wages Catch Up to 6-year-low Unemployment Rate?

After stumbling a bit in August, the job market picked up again in September, and unemployment is now at its lowest level in six...

Over 76 Million Households, 7 Million Small Businesses Compromised in JPMorgan Chase Cyberattack

A cyberattack this summer on JPMorgan Chase compromised more than 76 million household accounts and seven million small-business accounts, making it among the largest...

Statistics Show Corporate America Under Obama is at its Healthiest in Decades and has...

Steve Wynn, founder of the Wynn Resorts Ltd. (WYNN) casino empire, once called President Barack Obama’s administration “the greatest wet blanket to business and...

PayPal to Split from eBay, Become Separate Company; Both Companies to Get New CEOs

EBay is splitting off its fastest growing segment, mobile payment service PayPal, the e-commerce company said Tuesday. Investors applauded the news, sending eBay's shares up...

Johnson & Johnson to Buy Alios BioPharma for $1.75 Billion

Johnson & Johnson is buying the biopharmaceutical company Alios BioPharma Inc. for about $1.75 billion. Alios is a privately held company that focuses on developing...

India’s Prime Minister Meets with CEOs of 11 Top U.S. Companies

When Prime Minister Narendra Modi sits down to breakfast with the CEOs of top US companies Monday, he will be speaking to them with...

Why Multinational Companies Aren’t Adding U.S. Jobs

On Monday the U.S. Treasury Department announced a crackdown on tax inversions, where multinational companies move their headquarters abroad to pay lower corporate taxes. But...

Former Pathway CEO Investigated for Misconduct With Minor

The former chief executive officer of Pathway Inc., who resigned hastily Monday, is being investigated for misconduct involving a teenage boy who worked for...

How “Bond King” Bill Gross Became Toxic for Pimco

Bill Gross' abrupt departure from Pimco, the giant bond firm that he co-founded more than four decades ago, was preceded by months of clashes...

BlackBerry Reports Much Lower Losses than Forecast in Second Quarter

BlackBerry shares remain volatile in early trading after the smartphone maker reported a second quarter loss much lower than Wall Street forecast. The company finished...