The Consumer Financial Protection Bureau is considering making rules to ban certain types of arbitration clauses from contracts covering products such as credit cards and checking accounts.
SEOUL Samsung Electronics Co Ltd on Wednesday said it would post its first quarterly profit gain in two years, beating expectations as strong sales of chips and displays probably offset weakness in its smartphone division.
BERLIN Volkswagen (VOWG_p.DE) Chief Executive Matthias Mueller said in an interview with a German newspaper that the company would launch a recall for cars affected by its diesel emissions crisis in January and complete the fix by the end of next year.
American Apparel will shrink its debt to $120 million from $311 million after filing bankruptcy by swapping bonds for equity. Sign Up For Our Newsletter >>.
The Federal Aviation Administration on Tuesday proposed a record $1.9 million fine against an aerial photography company, SkyPan International, for flying drones in crowded New York and Chicago airspace without permission.