Visa Inc. said its earnings dropped 3% in the latest quarter on higher expenses, though revenue climbed thanks to higher payment volumes.
Assurant Inc. says it will sell or shut down its health insurance division that has struggled financially since the introduction of the federal Affordable Care Act.
Cigna became the latest health insurance provider to beat earnings expectations and raise its 2015 forecast when it announced Thursday that first-quarter earnings had edged up to $533 million.
Switzerland's central bank says it took a first-quarter loss of 30 billion Swiss francs ($32 billion) as the rapid appreciation of the national currency led to high foreign exchange losses.
Japan's Prime Minister Shinzo Abe plans a swing through Silicon Valley on Thursday, speaking with Stanford University experts about innovation, building relationships with tech firms and investors...
Pimco has hired former Federal Reserve Chairman Ben Bernanke as a senior adviser, the bond fund manager said Wednesday.
Former Federal Reserve Chairman Ben Bernanke will serve as a senior adviser at global investment firm Pacific Investment Management Co.