Reynolds board agrees to accept $49.4B offer from BAT

Chinese President Xi Jinping offered a full-throated defense of economic globalization at a time of global uncertainty fueled by Britain’s decision to leave the European Union and the U.S.

Income inequality is so now lopsided that eight men now own the same amount of wealth as the poorest half of the world. A top corporate CEO earns as much in a year as 10,000 garment factory workers in Bangladesh.

The job growth will represent less than 1% of the company’s current American workforce of about 1.5 million people. But it bucks the trend of major brick-and-mortar retailers, which have been slashing jobs and closing stores.

Morgan Stanley reported an 83 percent increase in fourth-quarter profit as fixed-income trading revenue more than doubled, surpassing analysts’ estimates.

President-elect Donald Trump railed against his main political opponent for allowing a tax break that lets some investment managers pay lower tax rates than average workers.

General Motors is expected to announce a $1 billion investment in its U.S. factories on Tuesday, a move that will allow the nation’s largest automaker to create or retain about 1,000 American jobs, according to several sources.

Chinese search giant Baidu has named former Microsoft business group head Qi Lu as its COO and group president. Until last September Lu was head of Microsoft’s Applications and Services Group, where he managed products including Microsoft Office …

FRANKFURT/BERLIN U.S President-elect Donald Trump warned German car companies he would impose a border tax of 35 percent on vehicles imported to the U.S.

Women, dressed in ceremonial kimonos, stand in front of an electronic board showing stock prices after the New Year opening ceremony at the Tokyo Stock Exchange (TSE), held to wish for the success of Japan’s stock market, in Tokyo, Japan, January 4, …

It’s a new year and time to put the last one to bed, which means filing your taxes. The Internal Revenue Service says to expect a few changes when the nation’s individual income tax filing season opens on Jan. 23.

Airbus Group Chief Executive Tom Enders speaks during a news conference on the aerospace group’s annual results, in London, Britain February 24, 2016.

For years, Leonardo Del Vecchio has sought to find a successor at Luxottica Group SpA, the eyewear retailer and manufacturer he founded in 1961.

Thanks to a class-action settlement involving residents of several states against a handful of companies involved in the dairy industry, Michigan residents are eligible to receive compensation if they bought milk or other dairy products at any point …

American Apparel was once a fashion industry trailblazer with its colorful basics, provocative marketing and commitment to U.S. manufacturing.

DAVOS, Switzerland—Anthony Scaramucci, the founder of SkyBridge Capital and an adviser to President-elect Donald Trump said the U.S.

Exchanging old notes for new ones at a bank in Caracas, Venezuela, on Monday. Credit Miguel Gutierrez/European Pressphoto Agency. CARACAS, Venezuela – Venezuela’s government began to issue new bank notes on Monday to replace the …

Brent oil rose above $56 a barrel after OPEC members including Saudi Arabia said output cuts are bringing the market into balance, while the dollar weakened.

FILE – In this Tuesday, Oct. 4, 2016, file photo, International Monetary Fund Economic Counsellor Maurice Obstfeld speaks at a news conference during the World Bank/IMF Annual Meetings, at IMF headquarters in Washington.