Federal tax audits for U.S. businesses fell to their lowest level in eight years as the IRS faced budget cutbacks.» Read More
TV start-up Aereo said it had turned a profit in some of its markets, and is also looking for broadband partners to pair with its service.
General Motors named Mary Barra as its new chief executive, succeeding its current chairman and CEO, Dan Akerson.
America's iconic investor will still be at the helm of Berkshire Hathaway next year, we predict. And his target list could include a very well-known name.
Chip Wilson has resigned as chairman of upscale yoga pants maker Lululemon Athletica following an uproar over his comments about customers' bodies.
The Federal Reserve's approval of the rule sends a clear signal, bank analyst Mike Mayo of CLSA says.
The loosening of government control over GM could mean big dividends for shareholders, CNBC's Jim Cramer said on Tuesday.
Starbucks stock retreated in heavy volume after a report suggested the coffee chain's growth may be losing some steam.
The media and sports agent rivals this year derisively dubbed Jay Z the "Rookie" after he signed Yankees second baseman Robinson Cano. No more.
Macau casinos could win big in 2014, and this chart explains why.
According to a new study, new hedge funds need to raise at least $300 million in assets to pay for rising regulatory costs and to offset lower fees.
And let's be clear. Investors don't expect the airline to be simply profitable, but very profitable.
Damage in the San Joaquin Valley from a cold snap is estimated at $23 million and growing.
Sysco said it would buy rival US Foods for about $3.5 billion, creating a company with about $65 billion in annual revenue.
Struggling retailer Abercrombie & Fitch said it will extend CEO Mike Jeffries' contract, days after a shareholder urged the company to replace him.
McDonald's reported weaker-than-expected global sales at established restaurants, hurt by a drop in comparable-store sales in the United States.
The chain is testing a mobile payment and ordering iPhone app at six locations. A national rollout of the program could occur within the year, a spokesperson said.
CEO Doug Parker tells CNBC that "as long as demand stays the same, nothing should happen to prices."
Wal-Mart has agreed to settle unresolved lawsuits filed on behalf of consumers allegedly injured or killed in explosions involving plastic gas cans.
HSBC has sounded out investors about a flotation of its U.K. arm, in a move that would realize value from its high street banking business.
Bob Diamond is making a dramatic return to banking, launching a vehicle with Africa's youngest billionaire. The Financial Times reports.