Top Volkswagen officials are trying to quell fears among Tennessee politicians about efforts to work with a union to create a German-style works council at the automaker's lone U.S. plant in Chattanooga.
JPMorgan Chase & Co. has reached a $4.5 billion settlement with investors who said the bank deceived them about bad mortgage investments.
The five states that border the Gulf of Mexico are getting $113 million to improve the environment, the first small chunk of $2.5 billion that BP and Transocean were fined as a result of criminal pleas last year following the 2010 Gulf oil spill.
Warren Buffett's company disclosed a new stake of 40 million Exxon Mobil Corp. shares Thursday and revealed that it further cut its ConocoPhillips investment during the third quarter.
Janet Yellen says the economy has regained ground lost to the deepest recession since the 1930s. But she says unemployment remains too high at 7.3 percent and notes that the Fed is still trying to accelerate the economy's recovery.
The newest addition to Las Vegas' resurgent downtown announced itself this week with a marching band, a ribbon cutting and, of course, showgirls.
How much does Samsung Electronics owe Apple for copying vital features of the iPhone and iPad? Apple says $380 million. Samsung counters with $52 million.
Just as one high-tech breakthrough often paves the way for the next big thing, technology IPOs move in virtuous cycles, too.
Now that Tim Massad has been tapped to lead the federal agency that regulates futures and options markets, a key question has surfaced: Will he prove as aggressive as his predecessor in holding big Wall Street banks to stricter standards?
The U.S. government sold another $1.2 billion worth of General Motors stock last month as it moves closer to selling its entire stake in the automaker. The government's stake as of Oct. 31 could be as low as 4 percent.
Hong Kong is one of Missouri’s largest export markets and is poised to become an even bigger trade partner in the future. Gov. Jay Nixon met Friday with Anita Chan, the director of the Hong Kong Economic & Trade Office in New York, to discuss the future of trade.
Federal prosecutors want Bank of America Corp. pay about $864 million over losses incurred by the government after it bought thousands of home loans made by Countrywide Financial during the housing boom.
Chairman Ben Bernanke said Friday that the Federal Reserve is drafting rules to close large insolvent banks without bringing down the broader financial system, one of many steps regulators must take to prevent another financial crisis.
U.S. consumers slowed their spending in September, even as overall income grew at solid pace for the second straight month.
SAC Capital Advisors pleaded guilty to criminal fraud charges Friday, satisfying a deal with the government that requires the Connecticut-based hedge fund to pay a record $1.8 billion to settle charges that it allowed, if not encouraged, insider trading to occur for more than a decade.