BEIJING - The International Monetary Fund's decision to add the Chinese renminbi to its basket of reserve currencies was hailed Tuesday as a milestone in China's quest to play a bigger role in the global economy, but also recognized as a challenge to ...
CHICAGO U.S. shoppers seeking to avoid the holiday crowds at bricks-and-mortar stores and snare deals on Cyber Monday came face-to-face with traffic jams and product sellouts, with some customers of Target Corp (TGT.
A Wells Fargo Bank branch in downtown Los Angeles. The bank is the subject of a civil suit by L.A. City Atty. Mike Feuer. A Wells Fargo Bank branch in downtown Los Angeles.
HONG KONG—A consortium of Chinese firms are investing $400 million for a minority stake in the owner of the Manchester City soccer franchise, as Chinese buyers scour the globe for entertainment assets.
Looking to revive its once-booming smartphone business, Samsung Electronics (OTC:SSNLF) has appointed a new boss for its mobile division.