Besides spinning off PayPal, the e-commerce giant now also plans to explore splitting off or selling its enterprise unit.
Janet Yellen is disappointed with the housing market, but many economists see it as a pivotal engine of growth this year.
The paperwork error, which unsecured a secured loan to General Motors, wasn't spotted until GM filed for bankruptcy in 2009.
Royal Bank of Canada inks deal to acquire Los Angeles-based City National, a $32-billion bank that serves many high-net-worth U.S. clients.
The mobile car-booking company, which now has 160,000 drivers, added to its war chest this week with $1.6 billion in convertible debt.
Companies just don’t want to give up the flexibility to manage financial reporting that's provided by the complexity of accounting standards.
Productivity gains could make the difference in an aging world.
While corporate credit spreads are still narrow, credit portfolio managers see defaults rising in the next 12 months, especially in Europe.
The credit ratings agency also agrees to a one-year ban from rating certain kinds of commercial mortgage-backed securities.
Offering big data from on-board computers, truck-leasing firm Fleet Advantage tries to cement bonds with clients, its CFO says.