In most respects, China is a world away from the oil-dominated autocracies in the Mideast now seething with anti-government unrest. But it faces similar issues: high inflation and a troubling wealth gap that could fuel social u…
The mortgage mess settlement proposal is a repudiation of the servicing industries’ standard business practices. The agreement also reads as an indictment — not just of the servicing industry, but also of law enforcement, regu…
After a rough opening session on Monday, stocks rebounded sharply on Tuesday. The Dow enjoyed a triple-digit gain after oil prices eased and bank shares bounced higher on the possibility of further dividend payouts and share bu…
Johnson & Johnson has issued another recall, and this time, it’s not over a typo. The company’s Animas unit recalled five lots of leaking insulin cartridges whose use could lead to serious health problems. The 2-milliliter cart…
Ford CEO Alan Mulally and Executive Chairman Bill Ford, have been awarded $56.5 million and $42.4 million in stock, respectively, in recognition for the company’s stunning turnaround, which resulted in the automaker raking in $…