Bankrupt California power producer PG&E Corp is close to finalizing terms for a $13.5 billion payout to victims of wildfires ignited by its power lines, Bloomberg reported on Wednesday, citing people familiar with the matter.
Alphabet's leadership change has some investors hoping that the owner of Google will take a hard look at the cash-burning ventures championed by its founders.
Government debt yields and a gauge of global equity markets rose on Wednesday as sentiment improved after U.S. President Donald Trump said trade talks with China were going "very well" and a news report suggested key differences were being ironed out.
Oil prices surged more than 3% on Wednesday on expectations that OPEC and allied producers would extend production curbs, and as U.S. government data showed a large drop in domestic crude stockpiles.
U.S. Supreme Court justices on Wednesday appeared skeptical of Intel Corp's bid to avoid a lawsuit accusing it of violating federal law in making employee retirement plan investments that cost beneficiaries hundreds of millions of dollars.
United Auto Workers leaders from Fiat Chrysler Automobiles NV's U.S. plants on Wednesday recommended approval of a tentative labor agreement that would allow the Italian-American automaker to avoid a strike as it works to merge with France's Groupe PSA.
Wall Street rebounded on Wednesday as investor optimism got a boost from U.S. President Donald Trump's remarks that talks with China on an interim trade deal were going "very well."
Citgo Petroleum Corp's directors are unlikely to bow to pressure this week to resume dividend payments, two sources close to the discussions said, as the refiner cannot yet help Venezuela's interim government ease creditors' claims against its parent PDVSA that also are threatening its assets.
Elon Musk, wrapping up two days of testimony at his defamation trial on Wednesday, insisted his "pedo guy" Twitter message at the heart of the case was an "off-the-cuff" insult hurriedly written in anger and not meant to be taken literally.
Walmart Inc for the first time on Wednesday revealed the breadth of customer information it collects as it came out in favor of consumers having "reasonable controls" with regard to collection, use and sharing of personal data.
CBS Corp and Viacom Inc completed their merger on Wednesday, reuniting media mogul Sumner Redstone's U.S. entertainment empire.
U.S. Federal Trade Commission (FTC) has broadened its scrutiny of Amazon.com Inc beyond retail operations to include its cloud-computing business, Bloomberg on Wednesday, citing people familiar with the matter.
Asian stocks edged up on Thursday on signs the United States and China were on track for a preliminary trade deal, though optimism was tempered by the almost daily shifts in prospects for defusing the damaging tariff war now in its second year.
The British cave explorer suing Elon Musk testified on Wednesday he felt "branded a pedophile" by the billionaire entrepreneur, despite Musk's assertion that his "pedo guy" tweet at the heart of the defamation case was not meant to be taken literally.
China's Huawei has mounted a legal challenge against the U.S. Federal Communications Commission (FCC) after the body designated the technology giant as a security threat and tried to bar it from a government subsidy program.