The criminal investigation that opened yesterday into General Motors Co. (GM:US)'s handling of an ignition flaw linked to 12 deaths adds to legal challenges that threaten to overshadow the company's turnaround.
The prevailing skepticism about tech IPOs is that frothy valuations sans profits are contributing to a bubble. Yet King Digital Entertainment, maker of the highly addictive game Candy Crush Saga is one of the few big mobile companies posting hefty revenues ...
The S&P 500 ended marginally higher Wednesday, as investors weighed worries about global growth against recent signs of stability in the U.S.
Earlier today Pfizer stock was halted by the New York Stock Exchange. The reason: A Virginia court had invalidated the patent on the company's drug Celebrex, which is expected to generate $2.1 billion in annual sales in 2014.
eBay Inc. and anti-tax groups oppose the Senate bill, as do representatives from states without sales taxes. Photographer: David Paul Morris/Bloomberg.