Sumner Redstone's holding firm calls for an all-stock deal, saying it is "not willing to accept or support any acquisition" of Viacom or CBS by a third party or not controlling the merged company.
The Organization of Petroleum Exporting Countries' agreement to cut production ends two years of Saudi Arabia's pump-at-will policies, which had sunk oil prices to the joy of drivers in the Western world and the consternation of central bankers seeking ...
Daimler CEO Dieter Zetsche attends a news conference on media day at the Mondial de l'Automobile, the Paris auto show, in Paris, France, September 29, 2016.
Commerzbank AG Chief Executive Officer Martin Zielke plans to reduce about one in five jobs, suspend dividends and shrink securities trading in the biggest overhaul since the German lender's bailout.
WASHINGTON—The U.S. economy grew at a modestly faster pace in the second quarter than previously estimated, but the latest data confirms the expansion decelerated in the first half of the year.