Updated: 1 min 8 sec ago
The White House is considering John Williams, the president of the San Francisco Fed, as a candidate to serve as the vice chairman of Federal Reserve Board in Washington, according to people familiar with the matter.
American Express recorded its first quarterly loss in a quarter-century and said it would suspend its share-buyback program as it absorbed a hit from tax changes in the U.S.
International Business Machines Corp. reported higher revenue for the first time in 23 quarters and signaled continued growth into 2018, giving Chief Executive Ginni Rometty breathing space as she tries to turn around the century-old tech giant.
General Motors avoided a potential $1 billion-plus stock payout to address claims stemming from the auto giant’s ignition-switch crisis after a judge found a settlement between plaintiffs and a trust for the company’s bankruptcy estate unenforceable.
TransCanada announced that it has received enough commitments from oil shippers to advance construction of its controversial Keystone XL pipeline expansion.
Four nonprofit hospital groups, frustrated with common shortages and price spikes that they say have hampered patient care, are joining forces to manufacture and market generic drugs.
Home-security company ADT Inc.’s initial public offering is likely to price below its expected range of $17 to $19 a share on Thursday, according to people familiar with the deal.
A growing number of companies plan to use some of the savings they expect to realize from the tax overhaul to boost their contributions to employees’ 401(k) retirement-savings accounts.
Hackers who attacked a petrochemical plant in Saudi Arabia last year gained control over a safety shut-off system that is critical in defending against catastrophic events.
Peugeot is using its purchase of GM’s German unit to lay the engineering groundwork to make its global product lineup capable of meeting U.S.-market standards.
PTC Therapeutics Inc. this month increased the list price of its muscular-dystrophy treatment by about 9%, to more than $65,000 annually for a common dosage.
Qualcomm won conditional European Union antitrust approval for its $39 billion acquisition of NXP Semiconductors.
Amazon named 20 metropolitan areas as finalists for its second headquarters after reviewing 238 proposals from across the U.S., Canada and Mexico. New York, Chicago, Columbus, Ohio, and Indianapolis are among the choices.
China’s economic growth accelerated for the first time in seven years last year, reaching 6.9% on rising demand. But the expansion’s key drivers, from investment to consumption, appear to be weakening.
As they court a generation of cable TV cord-cutters, streaming services are making it easy for subscribers to come and go as they please. But the risk is that the flexibility will lead to a higher level of service cancellations, or “churn,” than in traditional TV.
The La Quinta purchase would add 900 hotels to Wyndham’s portfolio.
The number of Americans filing applications for new unemployment benefits fell last week to the lowest level in nearly 45 years, a sign the labor market is beginning 2018 with strong momentum.
U.S. housing starts fell sharply in December, but still capped a solid year of new single-family home construction.
BP will return to northern Iraq for the first time since Islamic State swept through the region three years ago, potentially heralding a new era of stability in one of the world’s most dangerous energy-production provinces.
Emirates announced a $16 billion deal for up to 36 more Airbus A380 superjumbos, extending a lifeline to the European planemaker’s struggling flagship program that was at risk of production ending without the deal.