JPMorgan Chase is close to a $2 billion settlement with federal authorities to avoid prosecution for its failure to properly alert regulators of its suspicions about Ponzi scheme mastermind Bernard Madoff, according to reports.
Jonathan Browning, CEO of Volkswagen Group of America, will be stepping down in January as the German automaker deals with a sales slump in the U.S.. Volkswagen said Browning will be replaced by Michael Horn, 51, who is head of Volkswagen Group ...
... Stocks. * VIX closes at highest level since mid-October. * Lululemon tumbles after fourth-quarter sales warning. * Hilton, Aramark climb after market debuts.
Boeing announced Thursday that it is shifting hundreds of jobs to Alabama, Missouri and South Carolina as part of a restructuring of its U.S.
NEW YORK (Reuters) - The dollar rose and global equity markets slipped to a one-month low on Thursday after stronger-than-expected U.S.