Wall Street

Wall Street's Back in Business

The historic U.S. election jolted Wall Street trading desks, buoying investor confidence and sparking activity that pushed the five biggest U.S. investment banks to sharply higher fourth-quarter profits.

Fiat Chrysler Shares Tank After EPA Cheating Accusations

The U.S. Environmental Protection Agency on Thursday accused Fiat Chrysler Automobiles NV of illegally using hidden software that allowed significant excess diesel emissions, the result of a probe that stemmed from regulators' investigation of rival Volkswagen AG.

Trump Talks Tough on Border Tax

President-elect Donald Trump on Wednesday promised a "major border tax" on companies that shift jobs outside the United States, further pressuring American businesses days after Fiat Chrysler Automobiles NV said heavy tariffs could force the company to shutter Mexican plants.