Business News

After more than a year in the making, the Obama administration on Wednesday released its plan to overhaul the corporate tax code.

U.S. stocks drifted lower Wednesday amid doubts over the latest bailout for Greece and concerns about global economic growth.

In a switch to a more aggressive tax plan, Mitt Romney said Wednesday that he now favors cutting marginal tax rates for individuals by 20%.

Home prices fell to their lowest point in more than a decade in January, which helped to lift the pace of home sales, according to a report from an industry trade group.

Honda is recalling 46,000 Odyssey minivans because their power tailgates, when open, can drop unexpectedly, potentially injuring anyone standing underneath.

The new consumer bureau said Wednesday that it plans to target a kind of bank fee that makes customers see red: Overdraft protection penalty fees on checking accounts.

The new consumer bureau said Wednesday that it plans to target a kind of bank fee that makes customers see red: Overdraft protection penalty fees on checking accounts.

Outspoken New Jersey Gov. Chris Christie had some rather harsh words for billionaire investor Warren Buffett on Tuesday.

It's been more than four years since the financial crisis first knocked you back on your heels. You've probably been on the defensive ever since, doing your best to deflect whatever punches the economy has thrown your way. Of course, the trick to any good rope-a-dope strategy is to sit back and let your opponent tire out before you unleash your own flurry of blows.

Employers are hiring, manufacturing is revving up and stocks are rallying. It looks like the recovery could finally be taking hold.

U.S. stocks were poised for a slightly lower open Wednesday, as investors question whether Greece's newest bailout will be effective.

Chinese manufacturing continues to grow at a slow pace, edging up to a 4-month high in February, according to a preliminary report issued Wednesday.

A watchdog agency said Wednesday that the legal tab for former leaders of mortgage finance giants Fannie Mae and Freddie Mac is at least $110 million.

Americans are going to be a lot more tightfisted with their tax refunds this year, with more people planning to save the cash they get back from Uncle Sam instead of spending it.

This is part two of a week-long series on the cell phone capacity crunch.

Johnson & Johnson CEO Bill Weldon will step down in April, the pharmaceutical giant announced Tuesday.

Chinese Internet giant Alibaba, which has been in the headlines lately for its tussles with stakeholder Yahoo, wants to take its publicly traded Web portal private.

A scam Pokemon game reached No. 2 on Apple's App Store charts this week before it was pulled -- a debacle that calls into question both Apple's approval process and Nintendo's "no apps for us" stance.

This is part one of a week-long series on the cell phone capacity crunch.

U.S. stocks stumbled into the close Tuesday, shaking off a modest morning rally ignited by news of that eurozone deal to help Greece avoid defaulting on its debt.