Top Business Stories

After weeks of rolling without a winner, the Powerball jackpot has once again ballooned in time for its Wednesday drawing, an estimated $360 million jackpot considered the third largest Powerball jackpot and the seventh largest jackpot in history.

The main union at Lonmin's South African platinum shafts told striking miners to return to work on Wednesday, potentially defusing a two-day wildcat action that had raised fears of a fresh wave of labor ...

After years of urging its financial advisers to sell more life insurance, UBS Wealth Management Americas is bringing in full-time experts and offering financial incentives to prod its tradition-bound sales ...

HSBC will redouble cost-cutting efforts, including axing up to 14,000 more jobs, but Europe's largest bank was forced to soften a key performance target in the face of muted revenue. London-headquartered ...

Four British hackers who took part in 2011 cyber-attacks on targets ranging from the CIA to Sony were audacious, arrogant men whose motivation was "anarchic self-amusement", a court heard on ...

Investors are favoring so-called safe dividend-paying stocks, but Seth Masters, chief investment officer of Bernstein Global Wealth Management, warns they are riskier than ever.

Google soared past $900 this morning, reaching a new all-time high.

European GDP data were released this morning, missing expectations and offering scant evidence of improvement for the troubled region.

The Swiss National Bank said it is investigating whether Bloomberg journalists accessed usage data from Bloomberg Terminals at the central bank. "We are in contact with other central banks in this ...

Amazon.com's main UK unit paid $3.7 million of taxes on its 2012 income, it said on Wednesday, despite group UK sales of $6.5 billion , prompting criticism from lawmakers and competitors. Amazon.co.uk ...

AT&T Inc expects much better results in its wireless business in the second quarter after a weak start to the year, Chief Executive Randall Stephenson said on Wednesday. Last month, the No. 2 U.S. mobile ...

Industrial production fell by more than expected in April, reflecting a broad decline in factory output and a weather-related decrease in demand for utilities. Industrial production dropped by 0.5 percent ...

The cost of protecting your assets in the stock market has become really expensive, and some investment pros are of the mind that the cost of protection just isn't worth it anymore.

The chief executive of Societe Generale's Russian unit was detained on Wednesday on suspicion of taking bribes, dealing a blow to one of the few foreign banks that has dared to challenge Russia's dominant ...

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Fashion media and analysts broadly welcomed Marks & Spencer's new clothing strategy and a preview of autumn/winter fashion ranges, giving the firm's boss some respite from pressure over falling sales. ...

Google is expected to use its annual software developers' conference on Wednesday to showcase the latest mobile devices running on its Android software, while also unveiling other features in its evolving product line-up.

HSBC said Wednesday it would target additional cost savings of $2B to $3B in 2014-2016, as Europe's biggest bank cuts jobs and sells noncore businesses to bolster profitability under a restructuring plan led by CEO Stuart Gulliver.

Britain's biggest banks were spared a full-blown inquiry into the personal current account market after the consumer watchdog said changes already being implemented could stimulate competition in the industry. ...