Oi will start talks to restructure $14.3 billion of bonds as early as Monday, sources familiar with the situation said.
It will take senior bank execs longer to get bonuses paid, if one agency gets its way.
Buckle up: The stock market is due for a drop of 25 percent or more, says Michael Pento. Here's why.
CNBC's Eamon Javers provides perspective on the move higher in shares of Integrated Device Technology Inc. after the company disclosed information of a buyout bid by an investor group led by Libin Sun.
Andrew Caspersen's fraud arrest comes 6 1/2 years after his dad Finn killed himself amid a reported tax evasion probe.
CNBC's Rick Santelli discusses moves in credit spreads with Andrew Johnson, Head of Investment Grade Fixed Income at Neuberger Berman.
Goldman Sachs has a price target of $1,000 on gold. But Michael Pento says that's not happening anytime soon. Here's why.
Discussing the overall market picture including mortgage-backed securities and how investors should approach them with Greg Parsons, CEO at Semper Capital Management.
Moody's has cut its outlook for the debt ratings of Saudi Arabia and three other Gulf states while lowering Bahrain's rating to junk.
McGraw Hill Financial agreed to sell two smaller S&P market data units to Intercontinental Exchange.
One-time high-flying fund manager Phil Falcone, plotting a comeback after an industry ban, considers his integrity of "utmost importance."
Frederic Neumann, co-head of Asian economics research at HSBC, discusses Liu Shiyu, China's new chief securities regulator who replaces Xiao Gang.
A deal to restructure $8.2 billion in Puerto Rican utility debt collapsed, after lawmakers missed a deadline to approve conditions for the bond swap.
Here's why new EU rate-swap rules are a concern for the US financial sector, explains Harvard Professor Hal Scott.
China's market turmoil hasn't just rocked financial markets this week; it's also shaken confidence in policymakers' ability to stem the volatility.
The China Securities Regulatory Commission tried to limit big share sales by major shareholders.
The risk in ETFs will only be apparent if and when the stock market experiences a sustained decline, says Tim Quast. Here's why.
Analysts, mutual-fund managers and other forecasters are telling investors to expect lower returns from stocks and bonds in 2016 than in past years.
Bhav Bhasin, global head of trust and safety at Uber, discusses the company's safety procedures to protect Uber drivers and passengers.
Congress is making the wrong decisions about the power withheld from the Fed, says Harvard Professor Hal S. Scott.