John Elkann, chairman of Ferrari and main shareholder Exor , reiterated his support for Ferrari chief executive Louis Camilleri, denying speculation a top management purge could […]

Ford Motor Co forecast a weaker-than-expected fourth quarter profit, and said on Wednesday tariffs could erode 2019 earnings by about $700 million, sending its shares down […]

Furious companies facing weeks more uncertainty over an ever closer Brexit lashed out at politicians on Wednesday, and warned of chaos at ports and catastrophic job […]

U.S. stocks opened higher on Wednesday, boosted by financial stocks after strong earnings from Goldman Sachs and Bank of America. Powered by WPeMatico

CommonGrounds, a California start-up trying to carve out a niche in the crowded flexible workspace sector with movable office walls, has raised $100 million from three […]

Bank of America Corp’s quarterly profit topped analyst estimates on Wednesday as its growing loan book helped it ride out year-end market volatility. Powered by WPeMatico

Goldman Sachs topped analysts’ revenue estimates on Wednesday as strength in its equities desk and M&A advisory cushioned losses from bond trading, making it the only […]

Sears Holdings Corp Chairman Eddie Lampert prevailed in a bankruptcy auction for the U.S. department store chain with an improved takeover bid of roughly $5.2 billion, […]

Oil prices firmed on Wednesday after climbing about 3 percent in the previous session as expectations that OPEC-led supply cuts will tighten markets despite signs of […]