SHANGHAI Activity in China's manufacturing sector contracted more than expected in November, an official survey showed on Tuesday.
Morgan Stanley MS 1.54 % plans to slash hundreds of jobs from its debt and currencies division, people familiar with the matter said, revealing that the Wall Street firm believes that a monthslong slump in trading revenue may persist.
Target's website crashed on Cyber Monday, one of the biggest shopping days of the year. The mega-retailer is offering 15% off every online order on Monday, along with 30% off select clothing, shoes and toys.
SEOUL, South Korea - Samsung is replacing its mobile president at Samsung Electronics for the first time in six years. The Samsung Group conglomerate said Tuesday that Koh Dongjin was promoted to president and will replace Shin Jong-kyun as the ...
This year's "Cyber Monday" is set to be the biggest online shopping day in history, Adobe predicts. With data from thousands of retailers still flowing in, the company believes Monday's total online spending will be $2.98 billion.