Fed doves expected to fly even with rate hike coming
Markets hope to hear from a dovish Fed, even though Janet Yellen may send a strong message that the central bank is likely to raise interest rates this year.
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Microsoft says Elop, Rudder to leave in management overhaul
Microsoft Corp. said Stephen Elop, Kirill Tatarinov and Eric Rudder will leave as the company streamlines its management. Executive Vice President Terry Myerson will lead a newly formed Windows and Devices Group, while Executive Vice President Scott Guthrie will continue to lead the Cloud and Enterprise group, the software maker said Wednesday. Microsoft is changing its senior leadership team to focus on three key areas: productivity and business processes, cloud
Minting millionaires: Nearly a million joined club last year
Nearly a million people became millionaires last year. The number of people worth $1 million or more rose by 920,000 last year, hitting a record 14.6 million. It was the sixth straight year-over-year increase …
Close but no cigar: US-Cuba wrangle on embassies 6 months on
Six months ago Wednesday, Presidents Barack Obama and Raul Castro stunned the world by announcing an end to their nations’ half-century of official hostility. U.S. travelers, politicians and executives …
Tsipras: Greece ready to give ‘big no' to bad agreement
Greek Prime Minister Alexis Tsipras said he’s ready to take responsibility for rejecting the terms of a deal on aid if creditors demands are unacceptable.
FedEx falls with quarterly profit, sales trailing estimates
FedEx slid in early trading after the operator of the world’s largest cargo airline posted a fourth-quarter profit that trailed analysts’ estimates.
Wal-Mart has $76 billion in overseas tax havens
Wal-Mart Stores Inc. owns more than $76 billion of assets through a web of units in offshore tax havens around the world, though you wouldn’t know it from reading the giant retailer’s annual report.
Will Greece leave the euro? A look at its options
Stay or go? The time is approaching for momentous decisions for Greece and the nations using the euro currency. Athens must pay 1.6 billion euros ($1.8 billion) off its debts at the end of the month to …
Millionaires' club keeps growing
Nearly a million people became millionaires last year. The number of people worth $1 million or more rose by 920,000 last year, hitting a record 14.6 million. It was the sixth straight year-over-year increase …
Lady Gaga Is at the Center of the Hottest Love Triangle Ever on American Horror Story: Hotel
Taylor Kinney may want to check out of this Hotel! Lady Gaga’s TV debut just keeps getting better as the pop star will find herself with not one, but two hot love interests when…