Government regulators adopted a sweeping rule Tuesday to prevent big banks from trading for their benefit rather than on behalf of customers, three years after the Obama administration called for the measure.
Chip Wilson, who founded upscale yoga apparel retailer Lululemon Athletica Inc., will resign as chairman next year, the company said while also announcing that it had found a replacement for its outgoing chief executive.
Office Depot Inc. said its Boca Raton, Fla., campus was chosen as the headquarters for the recently enlarged office-products retailer, which last month completed its $1.2 billion acquisition of peer OfficeMax.
The number of job openings waiting to be filled rose by 42,000 to 3.925 million, the highest since May 2008, from a revised 3.883 million in September, the Labor Department reported today in Washington.
Investing.com - The dollar eased back from six-month highs against the yen on Tuesday, as market participants began to look ahead to next week's Federal Reserve meeting amid a dearth of economic data.