Amid the carnage in financial markets that followed Britain's shock decision to quit the European Union, one gauge of market stress remained conspicuously stable: the London interbank offered rate.
... MDLZ 5.91 % Mondelez International Inc. MDLZ 5.91 % made a roughly $23 billion bid for Hershey Co. HSY 16.83 % in an effort to create the world's largest candy maker at a time when both companies' sales are under pressure.
BEIJING--China's official manufacturing purchasing managers' index, a gauge of the nation's factory activity, edged down in June, ending three straight months of expansion, official data showed Friday.
Mark Carney has halted the pound's recovery in its tracks. The U.K. currency declined for a second day versus the dollar, after the Bank of England Governor said Thursday that the central bank may need to loosen monetary policy as it tries to contain ...
When Sports Authority Inc. said “everything must go,” it meant everything - including its customers' personal information.