A wave of bankruptcies and closures is sweeping across the oil patch, and dozens of the mostly small, privately owned hydraulic-fracturing companies that help oil-and-gas explorers drill and frack wells are at risk.
Porsche boss Matthias Mueller once joked that he was too old to run Volkswagen but the 62-year-old now looks certain to be given the task of steering the German car maker through the worst business crisis in its history.
Some commentators find the pontiff’s apparent scepticism about capitalism troubling but some in finance feel his call for more humanity is needed
Having once spent an entire year arguing with Verizon Wireless about a $200 billing discrepancy—and cutting off service entirely after it was resolved—I can scarcely imagine the horror of finding out I “owed” them $2,156,593.64.
You’ve probably weighed your personal pros and cons before making the decision to buy a home. But what if it’s a seller’s market when you’re ready to buy? What if you’re concerned about interest rates rising? And how do you get a sense of market conditions in the first place?
Volkswagen admitted to installing software designed to cheat emissions tests in about 11 million cars worldwide. While the cars passed emissions tests, they released nitrogen oxide up to 40 times the level allowed by federal law. Here's what you need to know about the scandal.
U.S. stocks fell more than 1 percent, pressured by declines in global markets, as investors awaited a post-close speech from Fed Chair Yellen.
Volkswagen AG’s diesel-cheating affair deepened as the European Union urged all 28-member countries to start their own investigations and the scandal threatened to ensnare rival BMW AG.
Even many wealthy IRA holders claim Social Security too early.
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