Rajat Gupta, former managing director at McKinsey & Co. and former board member at Goldman Sachs Group Inc., was indicated on Wednesday for securities fraud.
Netflix Inc., the one-time technology industry darling, saw its shares tumble again on Tuesday due to customer defections, mounting costs, analyst downgrades, and business missteps.
Retail giant Wal-Mart Stores Inc., the nation’s biggest employer by number of staff, said last week that it would cut health care benefits for future part-time employees.
Dissent is growing at News Corporation, one of the world’s biggest media and entertainment companies, as some powerful shareholders have begun to question the leadership of [...]
Investment bank Goldman Sachs Group Inc. reported a quarterly loss on Tuesday, the second time the firm has seen losses since it became a publicly traded company in 1999, and [...]
Facing federal mandates to increase fuel economy in future vehicles, car companies have shown their ability to slowly increase their corporate average fuel economy (CAFE), a [...]
Long-struggling apparel retail giant Gap Inc. said Thursday that it is shifting its focus to international markets, and that it would close more than a third of its U.S. Gap [...]