Sony Corp. (6758)'s board is discussing a proposal by Daniel Loeb's Third Point LLC to spin off part of its entertainment business, Chief Executive Officer Kazuo Hirai said today.

Wed May 22, 2013 2:56am EDT. * European leaders meet to discuss tax, energy policy. * Tax avoidance schemes by major companies on agenda.

TOKYO--Bank of Japan Gov. Haruhiko Kuroda on Wednesday pledged to conduct market operations flexibly in response to rising yields on Japanese government bonds, but played down the impact of the yield increases on the economy and predicted no ...

The Dow and S&P 500 closed at record highs Tuesday, buoyed by hopes for continued stimulus from the U.S. Federal Reserve. NEW YORK (CNNMoney).

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.

JPMorgan Chase & Co. (JPM) Chief Executive Officer Jamie Dimon won more investor support this year than in 2012 to remain chairman, weathering a push to divide the roles after the largest U.S.

At the same time Wells Fargo Bank of America and J.P. Morgan Chase sa id they had completed their obligation under the settlement.

TOKYO--Japan's Nuclear Regulation Authority on Wednesday unanimously accepted a report by a panel of experts that an active fault line runs directly beneath the Tsuruga nuclear plant in the western prefecture of Fukui.

Headline indices on the US market ended higher on Tuesday, May 21, 2013, on the back of positive earnings report by Home Depot and Federal Reserve officials' comments.

NEW YORK - A lawyer for a former board member at Goldman Sachs and Procter & Gamble Co. has told an appeals court that his client deserves a new trial.