News Corp has promoted James Murdoch to the role of deputy chief operating officer in a move that will be seen to mark him as eventual successor to his 80-year-old father, Rupert.
Google Inc will begin allowing users to personally endorse search results and Web pages, its latest attempt to stave off rival Facebook Inc while trying to jump onboard a social networking boom.
The shares of Qihoo 360 Technology Co Ltd, China's third most-popular Internet company, soared in their debut on the New York Stock Exchange on Wednesday in an echo of the Chinese technology IPO euphoria of late 2010.
Bank of America Corp's chief executive received a 70 percent pay cut in 2010, mainly because the bank shifted its schedule for paying bonuses.
Jamie Dimon and Elizabeth Warren, both power players in U.S. finance, used a high-profile U.S. Chamber of Commerce platform on Wednesday to advance opposing agendas in the debate over regulation reform.
U.S. stocks rose on Wednesday as investors positioned themselves for the quarter's end and the S&P 500 attempted to hold above a key technical level.
U.S. stocks rose on Wednesday with activity dominated by money managers buying recent winners, including energy and small-caps, as the quarter nears its end.
(Corrects spelling of name to read Neal in paragraph 3 quoting Neal Dietz)
Fund manager Raj Rajaratnam made $1 million in two minutes of frantic calls after receiving an inside tip about a big investment in Goldman Sachs Group Inc at the height of the financial crisis, prosecutors said at the Galleon founder's insider trading trial.
(Corrects amount in first sentence to $1 million from millions)
An inveterate Federal Reserve advocate of tighter financial conditions on Wednesday renewed his call for higher benchmark interest rates and shrinking the Fed's balance sheet to pre-financial crisis levels.
U.S. stocks rose on Wednesday, as a private employment report did little to shake up expectations for Friday's payrolls data while investors positioned themselves for the quarter's end.
Search giant Google Inc has settled with U.S. regulators investigating privacy problems that cropped up in its botched roll-out of social network Buzz, the Federal Trade Commission said on Wednesday.
Warren Buffett's hunt for a large acquisition could lead to targets like Eaton , Illinois Tool Works or Cliffs Natural Resources , all of which seem to fit his recent preference for growth in industries outside of his core insurance unit.
U.S. securities regulators proposed new rules on Wednesday designed to restore lending discipline, and to bolster the independence of compensation committees at public companies and the consultants who serve them.
Shares of Cyberplex Inc fell as much as 11 percent on Wednesday, a day after it posted a quarterly loss that sparked fears about the profitability of its advertising business and its ability to meet its debt obligations.
Google Inc will build a high-speed Internet network in Kansas City, Kansas, the first site selected by the company's project to spur development of a new generation of Web applications.
Google Inc will allow people to personally endorse search results and Web pages, an important step in its efforts to add social networking capabilities to its products amid increasing competition from Facebook.
A long-running transatlantic trade dispute over illegal state handouts for Airbus and Boeing comes to a head Thursday with the latest ruling from the World Trade Organization.
Even after former McKinsey & Co global head Rajat Gupta retired in 2007, he used its New York office and had an executive assistant, email address and phone at the elite management consultancy.
U.S. stocks rose on Wednesday as investors positioned themselves for the quarter's end and the S&P 500 attempted to hold above a key technical level.
New York would welcome Barclays Plc if the bank decided to move its headquarters from Britain, the city's mayor said, in comments that suggested that the Big Apple might be courting the bank.
Search giant Google Inc has settled with U.S. regulators investigating privacy problems that cropped up in its botched roll-out of social network Buzz, the Federal Trade Commission said on Wednesday.
A group of Lehman Brothers creditors, including the largest U.S. public pension fund and hedge fund Paulson & Co, has asked a bankruptcy judge to consider its reorganization plan for the bankrupt company at the same time that Lehman's own plan is up for consideration.
U.S. securities regulators proposed rules on Wednesday that would require publicly listed companies to have independent compensation committees and make key disclosures about their use of compensation consultants.
U.S. private employers added more than 200,000 jobs in March while planned layoffs fell, underscoring expectations that momentum in the labor market will help underpin the economic recovery.
Research In Motion has reached a deal with Intellectual Ventures that will give the BlackBerry maker access to more than 30,000 patents held by the intellectual property company.
Barclays Plc is considering moving its headquarters out of London as the cost of holding more capital threatens to make it less attractive than rival financial centers, people familiar with the matter said.
U.S. private employers added 201,000 jobs in March, while February's figure was revised down slightly, a report by a payrolls processor showed on Wednesday.
U.S. stocks rose on Wednesday as data showed private-sector job creation while acquisition activity lifted sentiment.
