Fiat Chrysler will pay its shareholders a 5.5 billion euro ($6.1 billion) special dividend under a proposed tie-up scheme with French rival Peugeot , two sources close to the matter said on Wednesday.
Former Exxon Mobil Corp Chief Executive Officer Rex Tillerson on Wednesday denied misleading investors about how the oil major measured potential costs of climate change, as he testified in a closely watched civil lawsuit brought by New York's attorney general.
The Federal Reserve on Wednesday cut interest rates for the third time this year in a move to ensure the U.S. economy weathers a global trade war without slipping into a recession, but signaled its rate-cut cycle might be at a pause.
The Federal Reserve on Wednesday cut interest rates for the third time this year, as expected, in a move to ensure the U.S. economy weathers a global trade war without slipping into a recession, but signaled its rate-cut cycle might be at a pause.
The U.S. Justice Department is close to a deal with fugitive financier Jho Low to recover almost a billion dollars that was misappropriated from Malaysian investment fund 1MDB, Bloomberg reported on Wednesday, citing a source familiar with the matter.
Boeing chief executive Dennis Muilenburg told a U.S. House panel on Wednesday he has not offered to resign or submitted a resignation letter in the wake of two devastating 737 MAX crashes.
Italian automaker Fiat Chrysler is considering a 5 billion euro ($5.56 billion) special dividend, as part of a potential combination with Peugeot owner PSA , according to a verified tweet by a Bloomberg reporter on Wednesday.
The S&P 500 and the Dow Jones Industrials were flat on Wednesday as investors assessed mixed corporate reports, while bracing for a policy decision by the Federal Reserve later in the day.
U.S. Treasury Secretary Steven Mnuchin said on Wednesday that it will take time for Chinese purchases of U.S. agricultural goods to "scale up" to the $40 billion to $50 billion annual level touted by President Donald Trump if the two sides can seal a "Phase 1" trade deal.
Boeing Co Chief Executive Dennis Muilenburg was repeatedly hammered by U.S. lawmakers at a hearing on Wednesday over his compensation and key mistakes in the development of the 737 MAX that he newly acknowledged, in the wake of deadly crashes.
NCFA Guest Post | Oct 30, 2019 Saving money should not be associated with large amounts. Even a cent saved every day can eventually bring us substantial rewards. But the problem is that we do not usually think positively about small savings. If we cannot stockpile a large amount, we simply do not take the
Wall Street analysts predict what will happen with Facebook's earnings report after the bell.
A potential merger between Fiat Chrysler and Peugeot would be credit-positive for both car makers, S&P Global Ratings said on Wednesday, after the companies confirmed they were in talks over a possible tie-up.
U.S. Treasury Secretary Steven Mnuchin said on Wednesday that it will take time for Chinese purchases of U.S. agricultural goods to "scale up" to the $40 billion to $50 billion annual level touted by President Donald Trump if the two sides can seal a "Phase 1" trade deal.
Having a solid succession plan in place is crucial to ensure a seamless transition of ownership, especially when faced with the unexpected. According to Rocket Lawyer, however, 72% of companies don't have one. Here are some tips to get started.