Warren Buffett took a hit when shares in Chinese car company BYD plunged on Thursday, The New York Times reports.
Naimi said oil oil's price slide is only temporary, and that cutting down output required more support form big oil producers.
The oil market will eventually respond to low prices, but demand remains muted in China and elsewhere, said Maria van der Hoeven.
Because Christmas falls on a Thursday this year, experts are predicting the day after Christmas will be busy for retailers.
If the Cuba embargo is lifted, former American Airlines CEO Bob Crandall sees frequent flights to the island by several carriers.
Hedge funds have managed to weather the market's wild rides over the last two months, posting a performance related increase of $29 billion.
The surging power of activist investors is bolstered by a growing ally: public pensions and other big institutions.
President Obama has made multiple bold policy moves heading into the "lame duck" period of his second term. NBC News reports.
Resolving the Russia-Ukraine dispute is critical. Here's the one person who can do that, says Jason Bordoff and Carlos Pascual.
An early general election in Greece is looking more likely than ever after the government failed to win the first round of a presidential vote.
Oil futures pared gains and turned negative on Thursday after jumping 3 percent earlier.
Dianrong, the LendingClub of China, is raising money from Tiger Global and other investors to modernize the Chinese financial system.
Time to reassess your plastic. 2015 could trigger big credit card shakeups amid rising interest rates, new card technology and benefits.
GM has suspended the delivery of cars to dealerships in Russia in response to a slide in the ruble, the company said on Thursday.
Ford says it's expanding a recall for faulty driver's side air bag inflators to the entire U.S. as demanded by the government.
Thanks to cheaper oil prices, Pacific Investment Management anticipates global growth to gain momentum in 2015.
Businesses should not plan on plunking down money on investments in Cuba just yet, said a former U.S. Commerce Secretary.
A former Countrywide Financial executive cashed in on $57-million payday after whistleblowing in Bank of America investigation. The NYT reports.
CNBC's Rick Santelli breaks down the dramatic slide in the Russian ruble and how the drastic decline affects consumers.
Major retailers are illegally selling prohibited toy guns online, alleged the N.Y Attorney General's office Thursday.