Daniel S. Loeb, founder and chief executive of the hedge fund Third Point, which wants Nestl� to sell its stake in L'Or�al. Credit Steve Marcus/Reuters.
It's one of the core questions in the debate over minimum wage: Does hiking the pay floor lead businesses to cut hours and jobs?
NEW YORK - "Pharma Bro" Martin Shkreli, sometimes called "the most hated man in America," isn't keeping a low profile as he heads to court.
Italy's banking stocks led European equity markets higher on Monday as investors reacted with enthusiasm to confirmation that the Italian government would ride to the rescue of two flailing regional banks.
Orders for durable goods, a bellwether for the U.S. economy, fell in May for the second month in a row. WASHINGTON (MarketWatch) - Orders for durable goods such as planes and computers fell in May for the second month in a row and registered the ...