The chief of Boeing's commercial unit says the return of its 787 Dreamliner to service hinges on FAA approval of the plane maker's proposal to modify the jet's batteries.
A top Securities and Exchange Commission lawyer who oversees enforcement of hedge funds and mutual funds is in talks to leave the regulator for job with Prudential Financial, the insurance and asset-management firm.
Ahead of the Tape: Tuesday's ISM nonmanufacturing report may provide an important all-clear for the U.S. economy. But another sharp drop in its most forward-looking component, the new-orders index, would be an ominous sign.
Warren Buffett added Doug Kass, a hedge-fund manager who is selling Berkshire Hathaway short, to the panel of analysts who participate in the company's annual meeting.
The Dow Jones Industrial Average rose 38.16 points, or 0.3%, to 14127.82, ending with its second-highest finish ever. The blue chips now sit just 37 points below the record.
Vornado Realty Trust moved to dump much of its holdings in department store chain J.C. Penney Co., cutting its losses on a drastic and failing turnaround the activist investor helped spark.
The hunger for yield is driving investors to snap up securities backed by student loans, even as borrowers are falling behind on their payments at a faster clip.
Two of the top figures set to take the helm of the Bank of Japan in a few weeks said the central bank should be at the center of efforts to overcome deflation.
Swiss voters backed a plan giving shareholders sweeping authority over executive pay, in a move aimed at curbing what is seen as excessive remuneration levels.
Malaysia's Genting Group agreed to purchase Boyd Gaming's Echelon project in Las Vegas, upending assumptions that flashy casinos wouldn't be built in the city for at least a decade.
A federal advisory panel Monday rejected two proposed menopause drugs designed to reduce the frequency and severity of hot flashes primarily on concerns the medicines didn't appear effective.
Dow Chemical has been awarded $2.48 billion in an arbitration case with Petrochemical Industries of Kuwait, ending a dispute over a scuttled multibillion-dollar joint venture in 2008.
Nigeria's oil industry is at a crisis point because the theft of oil from pipelines is reaching an intolerable level, costing the country and oil companies billions of dollars a year, the head of Shell's Nigerian operations said.
Tuesday Morning Corp. Chief Executive Brady Churches has resigned six months after being appointed to the role, as the home-furnishings closeout retailer continues to reshape its leadership.
Hess said it is further whittling its operations to become a pure exploration-and-production concern. But the move failed to satisfy a rebellious shareholder.