Nasdaq OMX Group said it will form a joint venture with SharesPost to establish a marketplace for private companies. The stock exchange operator will retain a majority stake in Nasdaq Private Market.
Applications for home mortgages rebounded last week as interest rates tumbled, data from an industry group showed on Wednesday.
Staples, the largest U.S. office supply chain, reported lower-than-expected quarterly revenue and forecast weak full-year earnings as corporate customers and other shoppers in Europe and North America reduced discretionary spending.
The European Union fined Microsoft Corp 561 million euros ($731 million) for failing to offer users a choice of Web browser, an unprecedented sanction that will act as a warning to other firms involved in EU antitrust disputes.
U.S. home prices rose as more homeowners turned to distressed sales rather than foreclosure, in another sign the recovery in the housing market is gaining traction, data from CoreLogic showed on Tuesday.
Investors in U.S. bank stocks may be in for a volatile ride over the next two weeks as the Federal Reserve releases results of its annual stress tests of bank capital in two steps.
A star-studded battle among hedge fund titans over the nutritional supplements company Herbalife became the talk of Wall Street when it erupted. But when the barbs eventually fall silent and the klieg lights dim, how will the Herbalife war end? And what truth will emerge? The New York Times reports.
Forbes has described the Saudi billionaire Alwaleed Bin Talal's valuation estimates of his fortunes as an "alternate reality".
Apple has held talks with Beats Electronics on a potential partnership involving Beats' planned music-streaming service, three people familiar with the situation told Reuters.
Top U.S. railroad BNSF Railway Co, one of the largest users of diesel fuel in the United States, plans to test using natural gas to power its locomotives this year.
The Dow Jones Industrial Average pierced through levels last seen in 2007 to close at a record high of above 14,200 on Tuesday, boosted by an upbeat ISM non-manufacturing index and amid ongoing monetary support from the Federal Reserve.
Home diva Martha Stewart testified in court that she did nothing wrong when she signed an agreement to open up shops within J.C. Penney stores.
We "suspect a drop is now likely to unfold over the next several months," Piper analysts said, adding that their full-year forecast is for a "hop, a drop and a pop."
The shift toward low carbon energy will take time and require a major change in the electricity industry, a study released by IHS CERA and the World Economic Forum says.
Spending on drugs to treat common diseases fell 1.5 percent among customers who receive prescription benefits through commercial insurers.
At this Seattle-based, 400-employee video game developer and publisher, decisions are made by peer consensus. Seriously?
The stock market is bolstered by the strength of corporate balance sheets, said Cantor Fitzgerald CEO Shawn Matthews Tuesday on "Squawk on the Street."
Google is launching a same-day delivery service called Google Shopping Express to rival Amazon's Prime business, according to a report.
Virgin America and Singapore Airlines frequent fliers can now earn and redeem points or miles on each carrier in an expanded partnership.
It may not be fast enough for some consumers, but the drop in pump prices is accelerating. Analysts said the gasoline price slide could continue.