Analysts say Phillips-Van Heusen purchase of Tommy Hilfiger makes strategic sense.
Bank of America and then-CEO Ken Lewis misled investors about the risks of acquiring Merrill Lynch, alleges a civil suit filed Thursday by New York's attorney general. The bank and the SEC, meanwhile, offer a $150 million settlement for investors over the Merrill Lynch episode.
A ballot before Oregon voters Tuesday would raise taxes on high earners to lower the yawning state deficit. It is being seen as a snapshot of the national mood.
A new book, "Money for Nothing," blames corporate boards for CEO pay, bonuses, and other excesses.
US consumers want to reduce their debt, but the economy's recovery depends on their confident spending.
Although CEO Ken Lewis agrees to a $0 pay package, don't expect a wholesale revolution in executive compensation on Wall Street.
JPMorgan Chase's surging earnings show that many of the biggest US banks are becoming more powerful. What happens if they get in trouble again?
The Senate is likely to confirm him, but not without asking things like 'How soon will you raise interest rates?'
The amount of global wealth stashed in tax-haven nations is staggering and largely uncontrolled, financial experts say. Here's a backgrounder.