Global growth is likely to remain sluggish as a slowdown in the developing world undercuts gains in Europe and the United States, a leading international economic body warned Tuesday.
U.S. wholesale businesses in January suffered their steepest sales drop in nearly five years, yet they continued to increase their stockpiles. This suggests that companies expect the economy to rebound after experiencing an abrupt winter slowdown.
It's time to suit up: Men's Wearhouse is buying Jos. A. Bank for $1.8 billion.
EBay Inc. CEO John J. Donahoe's total compensation for 2013 plunged 53 percent compared with 2012, when the e-commerce company gave its leader more than $23 million in stock awards.
McDonald's saw a key sales figure drop in the U.S. again last month as the world's biggest hamburger chain struggles to beat back competition and adapt to changing eating habits.
American Airlines and JetBlue Airways Corp. are ending an agreement that allowed travelers to add connections to their itinerary on each other's aircraft.
Fruit supply companies Chiquita of the United States and Fyffes of Ireland said Monday they had agreed to merge to create the world's biggest banana supplier.
The office of Switzerland's attorney general says its criminal investigation into former Texas tycoon R. Allen Stanford's massive Ponzi scheme has concluded that some of the victims' money was laundered in Swiss accounts.
Sbarro said Monday that it is filing for Chapter 11 reorganization, the struggling pizza chain's second trip through bankruptcy court in less than three years.