Asian shares headed for the biggest loss since September 2011 and European stock futures slumped on concern the Federal Reserve may phase out stimulus and as China's cash crunch worsened.

By Richard Hubbard. LONDON | Thu Jun 20, 2013 3:41am EDT. LONDON (Reuters) - Bonds, shares and commodities fell sharply around the world on Thursday and the dollar rose after the U.S.

China's manufacturing is shrinking at a faster pace this month, adding to stresses in the economy and financial system as a cash crunch drives benchmark money-market rates to records.

The parent of United Airlines said it would add a minimum annual spending level that passengers will have to meet to qualify for elite frequent-flier status.

Company abruptly fires its founder on the day it was scheduled to hold its annual shareholder's meeting. new. Former Men's Wearhouse chairman George Zimmer is seen in 2008.

Four large U.S. banks have failed to comply with key elements of a landmark $25 billion mortgage settlement, an independent monitor said Wednesday.

Dunkin' Donuts is poised to beat McDonald's Corp. (MCD) and Starbucks Corp. (SBUX) in introducing the fast-food industry's first gluten-free pastries nationwide.

TOKYO | Tue Jun 18, 2013 12:54pm EDT. TOKYO (Reuters) - New York-based hedge fund Third Point said it has raised its stake in Sony Corp and urged the Japanese company to create an independent board to run a partially spun-off entertainment arm with ...

If the US Airways-American Airlines merger announced earlier this year is approved, the combined airline would control two-thirds of the takeoff and landing slots at Reagan National Airport, outside Washington, D.C.. The government could force the airline to ...

A MakerBot 3-D printer produced a sculpture at the CeBit computer fair in Hanover Fabrizio Bensch/ReutersA MakerBot 3-D printer produced a sculpture at the CeBit computer fair in Hanover, Germany, in March.