The former Vice Chair of GM, who holds a leadership role with VL Automotive, is teaming up with Wanxiang Group, a Chinese auto parts supplier, in a bid to buy the ailing Fisker.
With stocks at new highs, one strategist pointed out that even if equities went into a "bear market"—which he's not predicting—they'd still be higher than last year's June lows.
Millions of Italians are too poor to heat their homes, eat adequately or go on holiday, Italy reported on Wednesday.
More women in the U.S. would rather give up sex than their mobile device for a week, according to a recent survey.
Survey after survey shows that the wealthy are back to pre-crisis boom years when it comes to their outlook for their own finances, their investments and their retirements. But many of them are still sitting on lots of cash.
U.S. home sales rise slightly to 4.97 million in April, their highest level in 3 1/2 years, as inventories jump.
Stocks closed down 1 percent after the minutes from the last Fed policy setting meeting suggested the central bank could begin tapering bond purchases sooner than the market expects.
Fed Chair Ben Bernanke told Congress the U.S. job market remains weak, and it is too soon to end its stimulus. Stocks spiked on his comments.
As EU regulators mull introducing the world's strictest bonus cap, the president of the European parliament told CNBC that the plan could put pressure on the U.S. to follow suit.
Microsoft unveiled its long-anticipated next generation console Xbox One on Tuesday, but it was its inclusion of live TV, rather than its gaming capabilities that set tongues wagging.
Despite all the negative headlines, Chinese investment in the US hit an all-time record in 2012: $6.5 billion. It will likely surpass that level in 2013.
Duracell is making a push in wireless charging, working with partners to try and do for public gadget power what Intel did for public WiFi.
Market rallies have to end sometime for sure, but history suggests the current one, despite its seemingly bloated nature, doesn't have to end soon.
Some of the names on the move ahead of the open.
College administrators better take a hard look at what they're offering students if they hope to weather a coming online storm, says a former Secretary of Education.
U.S. stock market futures indicated a higher opening on Wednesday, ahead of a closely-watched speech by Fed Chair Ben Bernanke.
The "Fast Money" traders share their final trades of the day and what they're looking out for Wednesday.
Lowe's reported quarterly earnings that missed analysts' expectations on Wednesday, sending shares lower in pre-market trading.
Even as Apple faced a grilling from lawmakers over its tax avoidance schemes, two more companies revealed they would move jurisdictions to lighten their tax burden.
The Bank of Japan ended a two-day meeting on Wednesday with a decision to leave monetary policy unchanged and a promise to monitor volatile bond markets.