A new rule from the SEC will hold broker-dealers to a best-interest standard. But critics say it doesn't go far enough to create one industry-wide fiduciary standard. Now Massachusetts is looking to enforce such a rule within its own borders. Will other states follow?
Former Nissan boss Carlos Ghosn, asked in a French television interview if he would be willing to face trial in France, says he would maybe travel if he knew he would not face problems at the border.
If stocks perform well in the first five sessions of a given year, the market is often up at year-end, according to the "first five days" rule.
Ex-Nissan boss Carlos Ghosn said on Wednesday that a surprise corporate move, orchestrated five years ago by French President Emmanuel Macron who was then economy minister, soured relations between Renault and Nissan and contributed to his ouster.
Saudi Aramco shares hit a new low on Wednesday after Iran launched missiles against U.S. bases in Iraq, but Gulf debt markets were stable as some had feared stronger action in retaliation for the killing of an Iranian military commander.
Iran's missile attack on U.S. army bases in Iraq overnight sent gold blasting above $1,600 an ounce, boosted the Japanese yen by almost 1% and oil by $3 a barrel.
New tax changes for 2020 give taxpayers the opportunity to save more for retirement and health-care expenses, take a bigger deduction on their individual tax return and fine-tune how much tax is withheld from their pay, which could result in larger refunds next year.
Carlos Ghosn said on Wednesday he was the victim of a conspiracy to oust him from the helm of automaker Nissan and escaped from Japan because he could not defend himself against baseless charges of financial misconduct.
Takata is recalling 10 million replacement air bag inflators in the United States, the largest ever auto safety recall in history, as U.S. regulators consider whether to make it even wider.
The Trump administration on Wednesday signaled strong support for self-driving vehicles as it released new guidance from federal agencies at the annual CES tech conference.
Oil prices tumbled and equity markets soared on Wednesday after U.S. President Donald Trump said an Iranian missile strike on bases in Iraq had not harmed American troops and damage was minimal, showing Tehran wanted to de-escalate the Middle East standoff.
U.S. stocks ended higher on Wednesday after comments by President Donald Trump eased fears of an all-out conflict in the Middle East, but the market sharply pared gains late in the session following reports of blasts in Baghdad.
Deere & Co. on Wednesday said it will cut costs and ramp up investment in data-driven agriculture technology and its services business to make itself more profitable.
Oil futures fell more than 4% on Wednesday in a wild swing, soaring close to a four-month high in early trade on an Iranian rocket attack on U.S. forces in Iraq before retreating as the countries quickly ratcheted back tensions.
U.S. stocks ended higher on Wednesday, but the day's uneven path showed investors' sensitivity to any signs of turmoil in the Middle East, with stocks rising on comments by President Donald Trump and paring gains on reports of blasts in Baghdad.