Men's Wearhouse Inc. said Wednesday that it was removing founder George Zimmer as executive chairman, without offering a reason for the dismissal.

NEW YORK--Stocks edged lower in early trading, as investors looked ahead to the afternoon's Federal Reserve policy announcement.

Toward the end of trading Tuesday, the Dow traded up 0.97 percent to 15,327.18 while the NASDAQ surged 0.94 percent to 3,484.41. The S&P also rose, gaining 0.83 percent to 1,652.81.

Sprint and Dish, however, are poised for one final head-to-head battle as a realignment of the wireless industry takes hold. After the market close on Tuesday, Dish Network said it terminated due diligence efforts on a prospective takeover of Sprint, citing ...

FedEx said on Wednesday it was cutting its capacity between the United States and Asia, sending its shares lower on concerns about future growth, even as the world's biggest air-freight company posted a stronger-than-expected profit.

WASHINGTON� U.S. consumer prices ticked up in May as weak growth abroad and slow wage gains at home kept inflation pressures contained.

Four of the nation's leading mortgage servicers have not complied fully with new standards for handling home loans and must correct those problems or face fines up to $5 million for each continuing failure, the federal government said Wednesday.

BERLIN - Shares of Alcatel-Lucent, the troubled French-American maker of telecommunications equipment, rose more than 5 percent in Paris on Wednesday after its chief executive presented a package of cost cuts, planned job reductions and asset sales ...

Houston's Astrodome stadium, New York's old Pan Am Worldport Terminal at Kennedy Airport and Montana's one-room schoolhouses are joining a list of the nation's most endangered historic places.

(CNN) -- An unreleased documentary on the 1996 TWA Flight 800 explosion offers "solid proof that there was an external detonation," its co-producer said Wednesday.