Barclays CEO fined in UK over whistleblower scandal

Barclays CEO Jes Staley has survived a British investigation into his attempt to identify a whistleblower in 2016 but will have to pay a fine.Two UK...

GE earnings major issue before Opening Bell

General Electric is reporting earnings before the opening bell on Friday. GE's stock has plunged 18% since its last earnings report on January 24, reflecting the company's deep financial and legal...

Allergan kills talk of mega takeover bid for Shire

Allergan has done a U-turn on considering a massive bid for biotech firm Shire, the latest twist in a saga that has played havoc with pharmaceutical stocks this week.

AT&T antitrust trial comes down to testimony from AT&T CEO

After weeks of testimony from economists, survey experts and rival executives who oppose the merger, the defense on Thursday called its final witness in the trial that will determine the fate of...

Gillette and Tide maker struggles in 'tough environment'

Procter & Gamble has dominated the household goods market since Andrew Jackson was in the White House. But the 180-year-old conglomerate is stuck.

Every Bon-Ton department store is closing

The retail apocalypse has claimed another victim.One of the country's largest department store companies, Bon-Ton Stores Inc., plans to liquidate all...

Fed official: It's too early to ease post-crisis rules on US banks

A top Federal Reserve official says it's too early to ease post-crisis rules on the nation's banks, especially at a time of growing risk in the financial system.

Amazon, Microsoft among top companies hiring foreign workers

Big tech companies such as Amazon and Microsoft are getting more H-1B visas for foreign workers, and outsourcing firms are getting fewer.