European hedge funds have scrambled to pass their first test under complex new European Union regulations amid confusion over the timing and introduction of the rules.
WASHINGTON (AP) — Regulators are expected to vote Wednesday to end a longtime staple of the investment industry — the fixed $1 share price for money-market mutual funds — at least for some money funds used by big investors.
Pepsi said its second-quarter revenue rose, helped by higher beverage and snack volumes, as it increased its earnings outlook for the year.
NEW YORK (AP) — Women who own small business are still far behind their male counterparts when it comes to getting loans and government contracts, a congressional report said Wednesday.
Apple reported its quarterly numbers on Tuesday, a mixed bag that saw profits rise up but sales fall short of the mark. Here are five takeaways from the earnings call that followed.
Oracle is combining its BlueKai consumer data aggregation platform with other parts of its catalog to create Oracle Data Cloud, a data-as-a-service offering aimed at companies that want to reach customers and prospects across multiple channels. As part of Data Cloud, Oracle is offering two services. The first is Oracle DaaS for Marketing, a subscription-based product that provides access to large pools of anonymized user data.
Whirlpool said its second-quarter profit fell 9.6% amid weak international sales, and the appliance maker cut its full-year earnings outlook.
Firms also report robust stronger second quarter growth and plan to increase hiring within the year.
Obamacare is one reason for the rise of part-time labor.
Suggestions for men in their 60s
Gallup poll finds most Americans think women make for better government.
BANGKOK (AP) — A senior army official said Wednesday that the leader of Thailand's ruling junta is allowed to serve as interim prime minister under a new temporary constitution that gives the military government sweeping powers in the run-up to a planned 2015 election.
Growth in the euro zone's fourth-largest economy picked up pace in the second quarter, Spain's central bank said, as it raised its economic projections for this year and next.
Thermo Fisher Scientific second-quarter revenue jumped 33% as the laboratory-equipment maker's benefited from its recent acquisition of Life Technologies and saw revenue growth across segments.
DUIs can be both costly and deadly. A new study looks at data on each.
DETROIT (AP) — After two days of jury selection, lawyers are poised to give opening statements in the trial of a Detroit-area man who opened his front door and shot an unarmed woman, killing her.
Apple faces in a state court in California a class action suit that its employees were not provided timely meal breaks, rest breaks and final paychecks, according to the lawyer for the employees.
KHARKIV, Ukraine (AP) — Two military aircraft carrying the first bodies of victims of the Malaysia Airlines crash left the embattled plains of eastern Ukraine Wednesday, bringing some consolation to grieving relatives who still must wait for positive identifications and answers about who caused the disaster.
JOHANNESBURG (AP) — A rhino poacher in South Africa has been sentenced to 77 years in prison in one of the heaviest penalties aimed at curbing poachers who target rhinos for their horns, which fetch a high price on the illegal market in parts of Asia.
MADRID (AP) — The Bank of Spain says the country's economy continues to show signs of recovery, growing by 0.5 percent in the second quarter compared with the previous three months.