German Industrial Output Slips in June

Germany’s seasonally-adjusted industrial output unpredictably slipped in the month of June as construction and manufacturing caused a short-term blip in the growth spurt of Europe’s leading economy

Wells Fargo faces criticism as new scandal uncovered

Financial services major Wells Fargo is facing a new wave of criticism after a revelation that the bank spent years in enrolling unknowing borrowers in costly collateral protection insurance (CPI)

Michael Kors grabs Jimmy Choo for $1.2 billion

Fashion major Michael Kors has agreed to acquire Jimmy Choo for $1.2 billion.

Qualcomm facing serious financial trouble: Analysts

Some analysts have expressed concern that tech giant Qualcomm may be in serious financial trouble due to its ongoing licensing disputes with Apple Inc.