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Sony Corp (6758.T) aims to lift its movie entertainment revenues by more than a third in the next three years, its chief executive said on Tuesday as the loss-making consumer electronics firm tries to counter flagging smartphones sales.
Dollar General Corp (DG.N) may need to divest more than 4,000 stores to win approval from the U.S. Federal Trade Commission for its acquisition of Family Dollar Stores Inc (FDO.N), the New York Post reported, citing two sources close to the situation.
When faced with the prospect of outliving their money, most people might toss and turn at night or obsess about where to slash their budgets.
The dollar hit a seven-year high against the yen on Wednesday ahead of minutes from the U.S. Federal Reserve's latest policy meeting, as investors bet on an increasingly divergent outlook for the world's major economies.
In the first lawsuit brought by a state against General Motors Co over recalls relating to a defective ignition switch, Arizona has accused the company of putting the public at risk by concealing safety issues and delaying the recalls.
Underlying inflation pressures rose in October, even as falling gasoline prices kept overall U.S. consumer prices in check, bolstering expectations of a mid-2015 interest rate hike from the Federal Reserve.
The chief executive of Norwegian Air Shuttle rejected arguments by U.S. airlines and unions that his efforts to build a low-cost, long-haul airline serving the United States would undermine U.S. wages and working standards.
Cadillac's new boss believes General Motors' premium brand could eventually sell ultra-luxury cars that retail for a quarter-million dollars by 2029.
Chinese e-commerce giant Alibaba will sell its first-ever bond on Thursday, a jumbo trade expected to be around $8 billion in size that comes just two months after the company's record IPO.
Asian stocks mostly fell on Thursday as fresh data signaling a further loss of momentum in China's economyweighed on sentiment, while the yen slid to multi-year lows against the dollar and euro.
The top U.S. housing finance regulator said on Wednesday his agency would unveil a new framework in early 2015 for how government-controlled Fannie Mae and Freddie Mac will set mortgage guarantee fees.
Target Corp (TGT.N), the fourth-largest U.S. retailer, reported a better-than-expected quarterly profit as U.S. same-store increased for the first time in four quarters.