CHICAGO U.S. shoppers seeking to avoid the holiday crowds at bricks-and-mortar stores and snare deals on Cyber Monday came face-to-face with traffic jams and product sellouts, with some customers of Target Corp (TGT.
Morgan Stanley MS 1.54 % plans to slash hundreds of jobs from its debt and currencies division, people familiar with the matter said, revealing that the Wall Street firm believes that a monthslong slump in trading revenue may persist.
SINGAPORE Crude oil prices held at low levels in early trading in Asia on Tuesday as traders bet on continued high production from the Organization of the Petroleum Exporting Countries (OPEC) ahead of its meeting later this week.
U.S. regulators cut annual requirements for how much ethanol must be mixed into the nation's fuel supply. But the reductions were smaller than originally proposed, softening the blow to ethanol companies and their Farm Belt supporters.