Disney will be laying off about 150 people at its film studio by the end of the week, according to sources close to the situation. The layoffs will be particularly focused on home entertainment as the company adjusts to industry-wide declines in DVD sales.
One of Wall Street's biggest money managers has called on the Federal Reserve to rein in its program of quantitative easing, saying its bond-buying tactics are a "large and dull hammer" that have distorted markets. The Financial Times reports.
The economy may be showing signs of recovery, but American workers are about to snap. An overwhelming 83% say they're stressed out by at least one thing at work.
With earnings season a potential negative for stocks, traders are even more vigilant than usual for news on the direction of the economy.
The Federal Reserve's Ben Bernanke said on Monday the central bank's periodic bank stress tests have made the U.S. financial system more resilient.
JC Penney CEO Ron Johnson is out and Mike Ullman will rejoin the company as CEO, receiving an annual base salary of $1 million.
Alcoa kicked off earnings season with a beat on earnings but slight miss on revenue. Shares slipped after-hours.
Fox could become a subscription service that customers would have to pay for if the courts are not able to protect its business from the start-up Aereo, News Corp Chief Operating Officer Chase Carey said Monday.
President Barack Obama is expected to formally propose a controversial change in how the government calculates inflation for Social Security and other federal benefits.
U.S. markets, particularly the riskiest areas of investment, are likely to benefit at least near term from the latest entrant to the central bank money-printing arena: Japan.
Which ZIP codes were home to the priciest home sales? A new report takes a look.
Existing security models and defensive technologies have not kept pace with the innovation of the attackers and the return on investment from traditional firewalls and anti-virus is rapidly decreasing.
Google Glass may well be the final step before human-machine interaction moves under our skin, but judging from our early look, it won't be welcome in lots of places, NBC reports.
Apple's iPhone may not be the most dominant smartphone worldwide, but the tech giant is killing its competitors when it comes to mobile app revenue, according to a study.
Crowdfunding websites helped entrepreneurs raise $2.7 billion in 2012, an 81 percent gain, a survey shows. Deals included smartwatch maker Pebble. See what's forecast for 2013.
California became the 43rd state to join the Powerball lottery on Monday, with an estimated starting jackpot of $60 million.
Apparently, you are five times more likely to be involved in a fatal crash because you were "lost in thought" than if you were distracted by the use of some electronic device, according to new research. NBC reports.
Total student loan balances nearly tripled between 2004 and 2012, according to a new survey from the Federal Reserve Bank of New York.
Holiday Inn Express plans to bring back its popular "Stay Smart" ad campaign and add new, healthier breakfast options and upgraded bathroom amenities to lift their brand.
The legalization of marijuana for personal consumption in some states has entrepreneurs focusing the economic future of the market.