Companies should vary the budgeting model used for particular business units and functions, research shows.
The US-China Business Council reports 90% of firms were profitable last year but business confidence continues to decline.
The agency is projecting lower-than-expected tax revenue, with most of the drag coming from falling corporate profits.
The U.S. housing market continues to be a bright spot for the economy amid historically low mortgage interest rates.
The retailer's same-store sales and profit for the second quarter beat expectations, fueled by a 23% increase in domestic online revenue.
The move advances Microsoft CEO Satya Nadella's strategy of making Office 365 a leader in enterprise solutions.
The golf manufacturing industry is running a gauntlet of weighty issues, but Callaway's finance chief is all in.
The $14 billion acquisition would add the best-selling prostate cancer drug Xtandi to Pfizer's growing oncology portfolio.
The agricultural equipment giant benefited from its rigorous cost-cutting as the farm spending slump continued to bite into sales.
Same-store sales have increased for eight straight quarters, indicating Wal-Mart's spending on improving stores is paying off.