A former BP crisis manager was hit with insider-trading charges Thursday for using confidential information about the magnitude of the 2010 Deepwater Horizon oil-spill disaster to unload his family's $1 million portfolio of company stock.
Shares of Chipotle Mexican Grill cooled Thursday after the casual restaurant chain reported an 8.5% increase in first-quarter profit that missed Wall Street expectations for earnings per share.
(Reuters) - Wal-Mart Stores Inc is launching a money transfer service in a direct challenge to the dominance of Western Union Co. and MoneyGram, aiming to broaden the financial services it offers to low-income customers and increase store traffic.
WASHINGTON (Reuters) - New claims for jobless benefits hovered near their pre-recession levels last week and manufacturing in the Mid-Atlantic region accelerated in April, suggesting an upswing in economic activity after a brutally cold winter.
... slideshows. * Goldman says commodity revenue "significantly higher". * Morgan Stanley says "strong performance" bolstered FICC.