More global competitors use the Chinese currency to settle cross-border trade, 17%, compared with 10% of U.S.-based firms.
The custody bank agrees to pay $714 million for overcharging pension funds and other customers on foreign exchange trades.
Dissatisfied with new SEC rules, providers of prime money-market funds are thinking of offering alternatives that would be less heavily regulated.
After a disappointing quarter, Procter & Gamble may sell or spin off some of its beauty brands, including CoverGirl.
The erroneous data included natural gas prices that were reported at 1,000 times their actual level.
IBM is considering adopting the 'blockchain' technology to create a digital currency that could be linked to a person's bank account, according to…
Two Irvine, Calif.-based banks settle with the Justice Department over permitting transactions involving fraudulent merchants.
The return on invested capital goal is part of a new "capital allocation framework" that will "return all available free cash flow to shareholders."
The numbers are still being totaled, but S&P 500 companies are estimated to have handed back almost $900 billion in cash to shareholders last year.