Sony Corp. (6758) directors are discussing whether to adopt billionaire Daniel Loeb's proposal for an initial public offering of its entertainment business, a week after the TV maker said the assets weren't for sale.

The Bank of Japan kept monetary policy unchanged on Wednesday on the basis that the big stimulus package unveiled in April would spur growth and lift prices.

By Luke Baker. BRUSSELS | Wed May 22, 2013 6:40am EDT. BRUSSELS (Reuters) - European leaders will discuss how to combat aggressive tax avoidance by major companies such as Amazon, Google and Apple at a summit on Wednesday, and cut the ...

By Richard Hubbard. LONDON | Wed May 22, 2013 5:31am EDT. LONDON (Reuters) - The dollar and benchmark German debt yields eased on Wednesday as expectations hardened that the head of the U.S.

As a North Carolina congressman, Mel Watt has tried to arm struggling homeowners with a legal �sledgehammer� against lenders and expand the ranks of people eligible to cut their mortgage principal.

TAMPA, Fla.� James Dimon tightened his grip on the nation's largest bank on Tuesday as shareholders of J.P. Morgan Chase & Co.

Bank of America Corp. and JPMorgan Chase & Co. say they have satisfied their obligations to help troubled borrowers under last year's landmark mortgage settlement with state and federal officials.

President Obama and aides will be spending time Wednesday paying attention to Capitol Hill. Obama's meetings today include one with Treasury Secretary Jack Lew, and one of their topics is likely to be the investigation into IRS targeting of Tea Party and ...

An administrative law judge decides that a man leasing a condo broke New York's laws after he rented out part of his home on Airbnb.

Ford Motor Co. plans to increase its North American manufacturing capacity by 200,000 vehicles in 2013 through a series of production-line expansions and a shortening of its normal summer shutdown by a week at several plants.