Treasury Secretary Jack Lew has called for Puerto Rico to gain access to federal bankruptcy courts on Tuesday in a bid to restrain a "chaotic" and "protracted" struggle between the US commonwealth and its creditors.
DETROIT Ford Motor Co's chief executive, Mark Fields, said on Tuesday he wants the company to act "like a startup" as it prepares for an evolution of the auto industry, after it posted second-quarter profit that handily beat expectations.
Wall Street has broken a five-day losing streak, helped by a round of better-than-expected profit results and easing fears about the volatile Chinese share market.
The activist hedge fund Elliott Management has scored another victory in its battle with a technology company. Citrix Systems said on Tuesday that it had agreed to make several changes, including replacing its longtime chief executive and giving ...
French drugmaker Sanofi (SASY.PA) said on Tuesday it was committing up to $2.17 billion to a collaboration with its long-time partner Regeneron Pharmaceuticals (REGN.