Retail giant says it is gaining market share in some categories such as grocery, and its efforts to clear out excess inventory are continuing

Private-equity firm says Kewsong Lee will step down as CEO immediately and leave the firm at the end of this year

A new report from consulting firm Johnson Associates forecasts that year-end bonus pay will decline across financial services, with some bankers seeing bonuses gutted by 45% or more from last year.

Deal would create fifth-largest U.S. carrier after JetBlue wrests discount airline from Frontier

Lender names Ulrich Körner as chief executive and launches review to pare back its investment bank further