After suffering steep losses in one fund, the Yucaipa Companies, the money management firm run by the billionaire Ronald W. Burkle, has cut fees for investors in the portfolio, The New York Times reports.
Today, the minivan is just 3 percent of total auto sales in the U.S.—and just over 500,000 were sold last year. These days crossovers and sport wagons have become the vehicle of choice for many in suburban America.
Darden Restaurants' third-quarter net income dropped 18 percent, as it dealt with soft sales at Red Lobster.
Is Michael Dell's attempt to gain more control over his company about to turn into a financial tug-of-war?
Chicago will close 54 schools and 61 school buildings by the beginning of next year in the country's third-largest public school district, a move that union leaders called the largest mass closing in the nation.
The BlackBerry Z10 hits store shelves Friday and there's a lot at stake for the company. But with the Android and iPhone -- is there even room for the new BlackBerry?
Nike beat on earnings Thursday and said future demand for its apparel and shoes rose. Shares rose after-hours.
Dr. Benjamin Carson was a political unknown just weeks ago. Now, He is in some ways a dream candidate for Republicans. The NYT reports.
Becoming a lawyer seemed to be one of those career moves that could stand up to any type of economic setback. Not anymore.
The US Postal Service has suffered a setback in its plan to end Saturday delivery of first-class mail, as Congress advanced a bill requiring six-day delivery.
For the first time in over six months, the supply of homes for sale is beginning to rise.
Banks have provisions that allow acceleration of payments owed to senior executives if they take government jobs, NYT reports.
The House passed a huge stopgap spending bill to keep the government open through the end of September, sidestepping any threat of a government shutdown.
The number of Americans filing new claims for jobless benefits edged higher last week, but a longer-term reading dropped to its lowest in five years and pointed to ongoing healing in the labor market.
Yogawear retailer Lululemon Athletica reported quarterly earnings and revenue that edged above analysts' expectations but forecast that a supply line mishap that produced see-through pants would hit its earnings.
McDonald's is adding a permanent new offering to its menu: Chicken McWraps. And yes, there's bacon.
CME Group said it plans to sell the building that houses its grain exchange in Kansas City, Mo., and may also sell the building which houses its energy trading floor in New York.
J.C. Penney said fixing its performance could take more time than expected, and it suggested that any change in strategy could be expensive.
Blackstone, which is weighing an offer for Dell, is making an aggressive push to recruit Oracle President Mark Hurd to be chief executive of the world's No. 3 PC maker.
Asked whether he would stay for another term, Fed Chairman Ben Bernanke was non-committal, offering some grist for pundits and speculators. Christian Science Monitor reports.