The new board will have the task of figuring out whether ousted founder Dov Charney will return in some capacity to American Apparel.
Gilead Sciences delivered quarterly earnings and revenue that topped analysts' expectations on Wednesday.
The federal government says 10.3 million adults have become newly insured since the launch of Obamacare last fall.
Check out which companies are making headlines after the bell Wednesday: Facebook, AT&T, Gilead & more.
Facebook reported earnings and revenue that beat estimates in the second quarter, thanks to its robust mobile ad business.
Pershing Square Capital Management clients aren't very concerned about Herbalife's big gain yesterday.
A former Jefferies Group managing director convicted of defrauding investors was sentenced to two years in prison.
AT&T on Wednesday reported a slight miss on earnings and revenue for the quarter.
Though Apple posted profits that beat expectations, investor Roger McNamee found reason to throw cold water on the tech giant.
Summer associates on Wall Street are no doubt learning a lesson this week about how to think like a trader when the world is on fire.
When Senate Majority Leader Harry Reid went "nuclear" last winter, he just might have saved a major part of Obamacare from a huge challenge it faces.
Even with this week's weakness, Amazon.com stock has been outperforming rival retailers though it will likely face a fairly volatile trading day after it reports.
A Ukrainian rebel leader said that pro-Russian rebels had missiles of the type the U.S. says shot down a commercial plane.
General Motors announced on Wednesday six more safety recalls on 717,950 U.S. vehicles.
Puma Biotechnology's experimental breast cancer drug met its main goal in a late-stage trial, but the options market is sensing something funky.
This is a link to an NBC News story.
Global conflicts are going to sustain defense spending by governments, which will benefit defense contractors, one analyst said.
Millennials are keenly focused on trying to take control of their own financial destiny.
EBay announced that the finest known copy of Superman's original appearance will be offered on the site in August.
Thirteen stocks in the S&P 500 are targeting 60 percent rises in stock prices...but is it too ambitious? USAToday reports.