Financial News

Hershey Company , the maker of Hershey’s Kisses and Reese’s Peanut Butter Cups, named Chief Operating Officer Michele Buck as its new president and chief executive effective March 1....

The federal jury also found DuPont acted with actual malice, raising the possibility of punitive damages, Bilott said. It is the third time jurors in Columbus, Ohio federal court...

U.S. home resales unexpectedly rose in November, reaching their highest level in nearly 10 years, likely as buyers rushed into the market to lock in mortgage rates in anticipation...

SAN FRANCISCO/NEW YORK (Reuters) – Longtime Viacom Inc (VIAB.O) executive Doug Herzog, who oversees the networks Comedy Central and MTV, is expected to leave the company next month, according...

Apple sued Acacia Research Corp (ACTG.O) and Conversant Intellectual Property Management Inc [GEGGIM.UL] on Tuesday, accusing them of colluding with Nokia to extract and extort exorbitant revenues unfairly and...

U.S. President-elect Donald Trump’s transition team is considering the use of discretionary trusts to avoid conflicts of interest for Trump family members or administration officials, Politico reported on Wednesday....

ZURICH/FRANKFURT (Reuters) – Swiss biotech company Actelion (ATLN.S) has turned back to prospective bidder Johnson & Johnson (JNJ.N) for exclusive talks about a “strategic transaction”, in an about-turn that...

Hyundai Motor Co’s top U.S. executive Dave Zuchowski has resigned effective immediately and has been replaced on an interim basis by the company’s general counsel, a company spokesman said...

The Financial Industry Regulatory Authority said it fined several Wells Fargo & Co businesses, RBC Capital Markets, LPL Financial and others a combined $14.4 million on Wednesday for record-keeping...

Traditional measures of volatility at historic lows and Wall Street stocks at new record highs went hand-in-hand in 2016 with traders fretting about bouts of wild stock-price swings and...