Amgen Inc. announced Monday that its earnings fell in the third quarter on charges from an ongoing restructuring effort, but the company's adjusted results still surpassed Wall Street forecasts.
Today's Times business page has a grim cast to it, related to reports of thousands of layoffs provoked not by a bad business climate but by Wall Street investors dissatisfied with their income.
U.S. stocks are closing slightly lower after the Federal Reserve said it was shutting down a bond-buying program because the economy no longer needs as much help.
Amgen Inc. announced Monday that its earnings fell in the third quarter on charges from an ongoing restructuring effort, but the company's adjusted results still surpassed Wall Street forecasts.
Activist investor Daniel Loeb’s Third Point hedge fund is calling for a major shake-up at Amgen Inc., the Thousand Oaks biotechnology company.
U.S. stocks were solidly higher in early trading Tuesday, the market's fourth straight day of advances, following an encouraging report on the Chinese economy as well as strong quarterly earnings from Apple and others.
More than a year after questioning Sony Corp.'s management approach and sharply criticizing its film and television studio for a handful of box-office flops, activist investor Dan Loeb has sold his shares in the Tokyo-based company.
Business economists reported solid but slowing growth at their companies over the summer as gauges of sales, hiring and profit margins fell slightly from the second quarter, according to survey results released Monday.
More apartments are coming.
California officials said employers in the state cut their payrolls by 9,800 jobs last month, a drop that baffled economists, who say the figure belies the underlying strength of the state's economy.
The stock market had another turbulent session Friday, capping off one of the more eventful weeks on Wall Street in years. The Dow Jones industrial average soared more than 250 points following strong earnings from Morgan Stanley, General Electric and Textron as well as some encouraging U.S....
California's unemployment rate dropped to 7.3% in September -- the lowest in more than six years -- though the total number of jobs declined by 9,800 last month, according to state data.
U.S. stocks are ending mostly higher after recovering from an early plunge.