Jim Zarroli

A conviction can be fatal for a big company. So in some cases prosecutors have been holding off on punishing firms that have broken the law. In return, the companies vow to clean up their act.

The flooring retailer says the tests used by its critics give a misleading impression of product safety. But Lumber Liquidators says it will pay for safety testing for customers who want it.

This week, Wisconsin joined two dozen other states with laws saying workers can't be forced to join labor unions to keep a job. But as more states move to weaken unions, the unions are fighting back.

Conventional wisdom is that income inequality has gotten worse in the years since the financial crisis, but new research by a George Washington University professor says that's not what the data show.

American firms have about $2 trillion in overseas accounts — money they could be using to hire workers and pay dividends in the U.S. The president wants to encourage them to bring that money home.

For years the Swiss banking industry has been under pressure to get out of the tax evasion business. A trove of documents released by a former employee of HSBC shows just how aggressi...

The documents were downloaded by a former computer security expert at the giant bank HSBC. They were released over the weekend by the International Consortium of Investigative Journalists.

Standard & Poor's has agreed to pay more than $1 billion to settle charges that it gave false ratings to mortgage-related securities in the years leading up the financial crisis.

Standard and Poor's is expected to settle a lawsuit brought by the Justice Department over the quality of the firm's ratings during the years before the financial crisis.

Dealers are extending loans to a growing number of people with weak credit, and more of them are having trouble making payments. The situation is evoking comparisons to the subprime mortgage boom.

Standard & Poor's has agreed to pay fines of nearly $80 million to settle charges that it changed the way it was rating securities in a bid to win business, but didn't bother to tell ...

Europe may have a deflation problem. Eurozone consumer prices fell on an annual basis in December for the first time since the depths of the financial crisis five years ago. The decli...

The nation's biggest banks are leaning toward a new credit card security system that will rely on embedded chips and signatures rather than PINs. But critics say the PIN-and-chip system is superior.

The Russian economy took a big hit in 2014. The U.S. and other countries imposed economic sanctions after Russia annexed Crimea, but it was falling oil prices that really hurt the country.

President Obama eased restrictions on Cuba this week, including a relaxation of rules barring U.S. banks from doing business there. But banks are awaiting details and are likely to proceed cautiously.

"Reshoring," or bringing U.S. jobs back from overseas, is not as prevalent as has been reported, a consulting firm's research finds. The study found a total of 300 cases from 2013.

The aerospace company is being sued for choosing retirement funds that were poorly managed and charged high fees in a case that tests the limits of a company's responsibilities to its employees.

The agreement comes as several "multi-employer" pension plans are insolvent. The federal government guarantees those plans' benefits, but might not be able to handle all of them failing at once.

OPEC's decision not cut production is sending ripples throughout the industry as drillers pull back and reassess their plans. The next few months could send some companies under, one consultant says.

President Obama wants to give temporary work status to millions of undocumented workers now living in the U.S. That would mean better jobs for many, but its impact on the labor market is less certain.