Cache Inc (CACH.O) is poised to become the latest U.S. apparel retailer to file for bankruptcy, Bloomberg reported, citing people familiar with the matter.
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Obama's top economic adviser seeks tighter broker regulations: Bloomberg
A top economic adviser of U.S. President Barack Obama has called for tighter regulations on Wall Street brokers, saying abusive trading practices were costing billions of dollars to clients in their retirement savings each year, Bloomberg reported.
Asia equities surge on ECB boost, euro near 11-year low
Asian stocks extended a global rally on Friday after the European Central Bank launched a landmark bond-buying stimulus program that buoyed investors' risk appetite, drove bonds higher and kept the euro pinned near 11-year lows.
JPMorgan's Dimon gets cash bonus, total pay unchanged
JPMorgan Chase & Co (JPM.N) paid Chief Executive Jamie Dimon a first cash bonus in three years, part of a total 2014 pay package of $20 million that was unchanged from the year before.
Cadillac says small SUV at least four years away
General Motors Co's (GM.N) Cadillac brand is at least four years away from introducing a small sport-utility vehicle which is a critical part of expansion plans, the brand's president said on Thursday.
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Japan's financial regulators are set to investigate the financial soundness of banks' mortgage operations as a further decline in interest rates threatens to squeeze margins, sources familiar with the plan said this week.
Crude oil prices pared early losses but still settled lower on Thursday after a government report showed the biggest build in U.S. crude inventory in at least 14 years.
U.S. airlines on Thursday forecast enormous fuel savings in 2015 but hinted that ample consumer demand would allow them to avoid fare discounts and pass savings on to shareholders.
Telefonica (TEF.MC) has agreed to sell its British unit O2 to Hutchison Whampoa Ltd (0013.HK) in a deal valued at more than 10 billion pounds ($15 billion), a source with direct knowledge of the operation said on Thursday.
Starbucks Corp (SBUX.O) on Thursday said traffic to its Americas-region stores perked up during the holiday quarter, easing investor jitters about slower growth and boosting shares over 4 percent in after-hours trading.
The British government plans to introduce a law before May forcing tobacco firms to sell cigarettes in plain packets without branding in England, ending years of debate and lobbying.
U.S. private equity fund KKR has bought British rail ticket website thetrainline.com from buyout firm Exponent for an undisclosed sum, derailing its planned London stock market listing, the funds said on Thursday.
South Korean smartphone maker LG Electronics Inc said on Thursday that it encountered no overheating problems with Qualcomm Inc's new Snapdragon processor that is powering a curved-screen device going on sale later this month.
Jollibee Foods Corp (JFC.PS), the Philippines' largest fast food company, said on Thursday it is keen to buy a U.S.-based fast food firm with a market value of at least $1 billion to advance a goal of boosting revenues from outside its home base.
