Chrysler said it has agreed to recall 2.7 million Jeep vehicles that the National Highway Traffic Safety Administration said could potentially erupt into fire if rear-ended.» Read More
The U.S. Federal Aviation Administration is investigating the recording that shows people doing the "Harlem Shake."
Gap's latest quarterly report topped forecasts. The mall clothing chain also raised its dividend by 20%.
Andrew Mason signed off from the company he founded in his usual style: unconventional, colorful, full of humor and more than a little wacky.
The requirement that Tim Cook and the directors keep stock isn't as new. It was in the proxy Apple filed the first week of the year.
Richard Schulze's efforts to take over Best Buy, the struggling electronics retailer he founded nearly 47 years ago, have ended. The New York Times reports.
Following Warren Buffett's purchase of ketchup maker Heinz, investors are wondering what he might do next. Yet part of the challenge of trying to predict Mr Buffett's next move is that the way he invests has changed dramatically over time. The FT reports.
U.S. government-run mortgage finance provider Freddie Mac earned $11 billion last year, the first annual increase in its net income since 2006.
Salesforce.com reported quarterly earnings and revenue that blew past analysts' expectations. Shares jumped after-hours.
The pace of business activity in the U.S. Midwest picked up modestly to reach an 11-month high in February as new orders gained, a report showed.
On paper, the spending cuts, due to kick in on Friday, promise $85 billion in budget savings. In reality, the "sequester" is likely to yield less than half that much.
The U.S. economy barely grew in the fourth quarter while the number of Americans filing new claims for unemployment benefits fell more than expected last week.
Foreclosure-related sales made up 21 percent of all U.S. sales in 2012 and short sales made up 22 percent, according to a new report from RealtyTrac.
Consumer debt rose in the final months of 2012 for the first time in four years, a sign that Americans may be starting to reach the end of cutting back on credit, New York Federal Reserve reported Thursday.
If mandatory federal spending cuts begin to take effect Friday, small employers are likely to experience a negative ripple effect of reduced business.
New management has big changes in store for the casual dining chain, which touts family-style Italian food and has struggled with declining sales. Among Olive Garden's changes: smaller plates, cheaper items and lower-calorie meals.
House Budget Chairman Paul Ryan told CNBC that he expects the across-the-board spending cuts known as the "sequester" take effect after Friday's deadline.
Chrysler, scrambling to keep up with greater demand for its Jeep Grand Cherokee, is hiring 1,250 workers and increasing production of 8 and 9 speed transmissions.
More than 200 companies have signed on to a supporting brief calling for the Supreme Court to overturn part of the Defense of Marriage Act. The NYT reports.
The American paycheck's not the only thing that's shrinking as big business thinks of creative ways — from smaller packages to deep price cuts — to capture the hesitant consumer's dollar amid signs of weak sales.
With the economy starting to improve, the Federal Reserve should begin to end its bond purchases, Richard Fisher, Federal Reserve Bank of Dallas President, told CNBC.