A legendary trader who made billions betting on wars, other macro events is closing his hedge fund
The end of Moore Capital marks one of the industry's most prominent closures and follows years of weaker performance.
The end of Moore Capital marks one of the industry's most prominent closures and follows years of weaker performance.
McDonald's Corp employees on Thursday sued the fast food giant and several of its franchisees in Chicago over a store redesign that staffers say has made it easier for angry customers to leap over the counter and attack them.
Liberty Media CEO Maffei believes the company is well positioned to capitalize on the growing popularity of podcasts and audio content.
The three major U.S. indexes fell on Thursday after conflicting headlines on U.S-China trade relations and a row between the world's top two economies over the Hong Kong protest led to uncertainty over the timing of a deal to end the dispute.
Boeing Co has settled or is close to settling around 63 or 64 of some 118 cases related to the crash of a Lion Air flight on a 737 MAX aircraft in October 2018, attorney Dan Webb said at a court hearing on Thursday.
Fiat Chrysler Chairman John Elkann said on Thursday he was confident the group would finalize its tie-up with Peugeot owner PSA this year and dismissed concerns about a lawsuit launched by rival General Motors.
Exxon Mobil is accelerating its biggest asset sales in decades with plans to divest up to $25 billion of oil and gas fields in Europe, Asia and Africa as it sharpens its focus on a handful of mega projects at home and abroad, banking sources said.
The institutional tranche of Saudi Aramco's initial public offering (IPO) has been oversubscribed while the retail portion has received a little more than 10 billion riyals ($2.67 billion) in orders so far, a banking source told Reuters.
The custody arena for registered investment advisors is about to get a lot smaller if Charles Schwab acquires TD Ameritrade. Here's what that might mean for services for financial advisors and their clients.
WeWork said on Thursday it is laying off around 2,400 employees globally, as the office-sharing company seeks to drastically cut costs and stabilize its business after it transformed from a Wall Street darling into a pariah in a matter of weeks.
Fiat Chrysler's top shareholder Exor will have a total of 3.6 billion euros ($4 billion) in 2022 to invest once a deal to merge the carmaker with rival Peugeot goes through, Exor's boss John Elkann said.
Xerox Corp on Thursday threatened to take its $33.5 billion buyout bid for HP Inc hostile, if the personal computer maker did not agree to a "friendly" discussion before Nov. 25.
Ride hailing company Uber denied a German magazine report on Thursday that it was considering hiring Wirecard as its main payments partner to replace Dutch platform Adyen .
EU trade chief Cecilia Malmstrom and ministers expressed cautious optimism on Thursday that the threat of U.S. tariffs on imported European cars had passed.
The United Auto Workers union international executive board will meet to name a new president, the union said on Thursday, a day after the previous president resigned following 17 months in office, but union officials said a date for the meeting had not been set.