Author: Reuters

BlackRock Inc vice chairman and co-founder Barbara Novick will step down from her day-to-day duties at the asset manager, according to an internal memo seen by Reuters on...

The U.S. Supreme Court on Wednesday refused to back stricter deadlines for workers to sue retirement plans over alleged mismanagement, ruling Intel Corp cannot void a lawsuit accusing it of violating federal law by making...

Wall Street’s main indexes rose about 1% on Wednesday after suffering their worst four-day percentage fall in more than a year on fears of the economic damage from the global spread of the...

U.S. crude dropped below $50 on Wednesday to its lowest since January 2019, as Asia, Europe and oil-producing countries in the Middle East reported hundreds of new coronavirus cases and the United States warned of an inevitable...

BP will leave the main U.S. refining lobby and two other trade groups as new Chief Executive Bernard Looney spurs some of the oil sector’s most ambitious targets for curbing carbon...