LOS ANGELES, May 1- "The Jungle Book" pulverized a trio of box office lightweights, racking up $42.4 million to lead ticket sales for the third consecutive weekend. The weak result is alleviated somewhat by the fact that the Warner Bros./ New Line release cost a meagre $15 million to produce. Open Road's " Mother's Day," an ensemble romantic comedy with Julia Roberts,... » Read More
Symantec is in advanced talks to split its business in two—one that sells security programs and one that does data storage, Bloomberg reported.
Costco Wholesale on Wednesday reported fiscal fourth-quarter net income of $697 million.
Hewlett-Packard plans to break in two, separating its computer and printer businesses from its corporate hardware and services operations, WSJ reports.
"Managing money is in my blood," Bill Gross, who is the co-founder of Pacific Investment Management Co., told Barron's this weekend.
Softbank's investment in a Hollywood movie studio represents the coming out party for two new players in the US entertainment industry.
Royal Bank of Scotland will release £800 million from provisions it had set aside to cover losses on bad loans.
President Barack Obama has ruled out a combat mission, but military officials say the reality of a protracted campaign may require US troops.
A national survey says the average price of a gallon of regular gasoline has dropped another 9 cents over the last two weeks, to $3.37.
The young-adult adaptation "The Maze Runner" raced to the top of the box-office with $32.5 million.
The German industrial conglomerate Siemens AG is near an agreement to acquire U.S. oilfield equipment maker Dresser-Rand Group for all cash
Microsoft has delayed the launch of its Xbox One game console in China. The company said it would be released by the end of the year.
While manufacturing alone no longer dominates the state's economy, its fortunes still rise and fall with the health of the state's industries.
Data breaches at retailers aren't going away but there are ways consumers can protect themselves from future heists of their payment card information.
Chrysler is recalling almost 189,000 Jeep Grand Cherokees and Dodge Durangos in the U.S. to fix a fuel pump problem that can cause the SUVs to stall.
While other Republicans are thinking about 2016, former Florida Gov. Jeb Bush is busy tending to a personal business empire.
Apple new mobile payments system is winning over financial industry heavyweights, signaling the likely demise of lesser payment alternatives.
Vivendi has closed the deal to sell its Brazilian broadband business to Spain's Telefonica for cash and shares worth nearly $10 billion.
The Federal Reserve has asked Credit Suisse to address problems relating to the bank's underwriting and sale of leveraged loans.
Getting a mortgage in the U.S. may be easier than many borrowers think, according to a survey released Monday by Wells Fargo.
RadioShack is evaluating a $585 million financing package led by UBS AG and hedge fund Standard General LP it tries to avert bankruptcy.