American Express did not violate antitrust laws by barring merchants from asking customers to use one credit card over another and steering consumers to another form of payment, a federal appeals court said Monday.
The yen dropped and higher-risk currencies surged Tuesday as markets appeared to give Hillary Clinton the edge over Donald Trump in the first U.S. presidential debate.
Bank of America will lay off 20 senior investment bankers in Asia due to slowing activity in the region, a person familiar with the matter said Monday.
Shares in Deutsche Bank are down sharply after a report that the German government won't intervene with U.S. officials who are pressing the bank to pay US$14 billion to settle an investigation into its sales of mortgage-backed securities.
Cartels only work when their members stick together -- but precious little unity is likely to be on show among Organization of the Petroleum Exporting Countries (OPEC) producers at a key meeting in Algiers on Wednesday.
Stockholders have overwhelmingly approved the US$12.2 billion sale of Topeka-based electric company Westar Energy to Missouri-based Great Plains Energy, the two firms announced Monday.
Drug giant Pfizer says it won't split into two publicly traded companies, despite pressure from investors frustrated by its lagging stock price, ending years of Wall Street speculation over its strategy and future.
From the outside, the housing market looks solid: Sales are climbing. So are prices. Mortgage rates are near historic lows.
A Singapore firm headed by a scion of one of Asia's richest families has bought a 49-percent stake in Rolling Stone, with plans to diversify the iconic magazine into new business including live events and merchandising.
A survey of company CEOs in Britain suggests that a majority is considering moving some business away from the UK amid concerns about the country's future outside the European Union.