COMPANIES

The so-called Chinese Momentum Fund is seeking capital from investors abroad for the dollar-denominated fund to invest globally.

Campbell's Soup Co. reported increased earnings in the quarter, boosted by ready-made soup sales.

The action is consistent with GE's goal to reduce the overall size of GE Capital, the company said Monday.

Apple CEO Tim Cook heads to Washington to defend his company's 25.2 percent effective tax rate.

Shanghai Jahwa, one of China's oldest cosmetic companies, took a hit because of a dispute between an executive and its controlling shareholder.

A sweeping majority of Transocean shareholders voted down Icahn's proposal for a $4 a share dividend and voted out chairman Michael Talbert.

San Francisco, Calif., food truck company Bacon Bacon was shut down Friday after neighbor complaints of a strong bacon smell led to the discovery of the company's lack of proper health permits.

India moves to drop price of pharmaceuticals. Drugmakers have until the end of June to comply.

The beleaguered department store reported an EPS loss of $1.31. Analysts has expected the loss to be 89 cents.

Seattle-based fashion specialty retailer Nordstrom said gross profit decline related to cost of expanding its off-price division.

Carlos Slim, the Mexican billionaire, has been dethroned from his status as the world's richest person by Bill Gates after a recent rally in Microsoft stock.

Citigroup is banning its forex traders from using their Bloomberg terminal chat rooms to talk to each other -- but they can still use it for outside clients.

New York State's Financial Services Department ordered the car-sharing service RelayRides to cease and desist its repeated false advertising and violations of insurance law, which are putting the public at risk.

A problem with engines in Boeing’s 777 jumbo jet has caused engines to fail in mid-flight twice this year.

The department store retailer reported lower earnings, but it beat Wall Street estimates as it managed to do more with less.

Years ago, the same thing happened with another Apple manufacturer that began to develop its own products. That company is Samsung.

The world's largest retailer made $3.78 billion in profit in its first quarter of 2013. Analysts expected more.

Mining and commodities trading giant Glencore Xstrata appointed former BP chief executive Tony Hayward as interim chairman.

HSBC will declare 14,000 layoffs through 2016 in an effort to save up to $3 billion.

Wal-Mart's first quarter started soft. The question is whether traffic picked up toward May or not.

Burger King will be introducing the BK Rib as part of its summer menu.

LinkedIn is suffering some technical difficulties and parts of the site won't load

Taco Bell is trying out a new breakfast waffle taco with scrambled eggs, sausage and syrup.

Skechers settled charges over its unfounded claims that its shoes help people lose weight and tone muscles.

Alibaba has been gearing up to complete its IPO this year, with estimates as high as $100 billion.

Aviva’s chief executive, Mark Wilson, wants to save £400 million ($611 million) in costs by cutting about 6 percent of its total workforce.

Peer-to-peer car-sharing service RelayRides announced on Tuesday the acquisition of competitor Wheelz.

Daniel Loeb is asking Sony officials to consider spinning off the company's entertainment business.

The energy giant is flexing its corporate muscle against the law firm, alleging acts of corruption, bribery and false representation.