Author: Reuters

Macy’s Inc, the largest U.S. department store chain, said on Tuesday it would cut 100 senior management positions to reduce costs and improve profitability, and reported holiday same-store sales growth short of Wall...

Fiat Chrysler Automobiles NV said on Tuesday it will invest $4.5 billion in five plants to build new models of Jeeps to compete more effectively in the lucrative market for full-size, three-row SUVs currently dominated by rivals...

Oil futures steadied on Tuesday on signs that OPEC plans to maintain production cuts despite pressure from U.S. President Donald Trump, whose comment criticizing rising crude prices sent the market into a tailspin a day...

U.S. Senators called drug pricing practices “morally repugnant” and told drug company executives they do not want to hear them blame others for the high prices, taking an aggressive stance at the start of a Senate...

Republican Senators John Cornyn and Chuck Grassley said on Tuesday that they would support the powerful Senate Judiciary committee if the panel were to examine the patent system under which drug companies protect the exclusivity...