Jim Zarroli

Hackers successfully infiltrated the computer systems of JPMorgan Chase and at least four other banks recently. The FBI is investigating what's being called a sophisticated cyberattac...

Burger King is buying Tim Hortons, the Canadian coffee-and-donut chain, in a deal valued at $11 billion.

As part of the $11 billion deal, Burger King will transfer its headquarters to Ontario and cut its tax bill considerably.

The fast-food restaurant operator Burger King has announced that it's in talks to buy Tim Horton's, a Canadian chain of restaurants. The acquisition would likely herald the move of Bu...

Argentina calls them vulture funds, but those hedge funds have a legal right to demand payment. Still, is that moral when a nation is the debtor and its citizens will suffer as a result?

In the latest fallout from misdeeds leading up to the financial crisis, Bank of America has agreed to a record $16.65 billion deal with federal and state governments. The deal helps t...

The bank agreed to pay a record amount to the U.S. government to avoid prosecution for its fraudulent sale of toxic mortgage-backed securities to investors in the lead-up to the financial crisis.

The eurozone economy slowed to a crawl in the second quarter of 2014, according to reports released Thursday. The German economy actually contracted, and France stayed flat.

Amazon is taking on another big media company, Disney. The action comes at a time when the retailer's contract dispute with the Hachette Book group is heating up.

The Obama administration is exploring ways to prevent U.S. businesses from relocating abroad to save money on taxes. Treasury Secretary Jack Lew indicated that Congress would need to ...

Regulators are not happy with the "living wills" big banks were supposed to come up with. The wills are more like bankruptcy plans detailing how a bank could be closed without disrupting the economy.

In an interview with The Economist, President Obama said no matter how you look at it, the U.S. economy is better off than when he took office, and that most U.S. businesses have done well.

Both the United States and Europe announced new economic sanctions this week against Russia for its role in the conflict in Ukraine. Among other things, Western companies will no longer be able to sell Russia new technologies to develop its oil fields.

The move comes at a time when ...

Talks between Argentina and holdout bondholders collapsed Wednesday. With no additional talks scheduled, it appears Argentina has defaulted for the second time in about 12 years.

Earlier in the day it looked like a resolution was possible, but ultimately talks between the country and a group of creditors broke down in New York. The first time the country defaulted was in 2002.

Russia says it will appeal an unfavorable decision by a court in The Hague. The Permanent Court of Arbitration awarded $50 billion to shareholders of the defunct Yukos oil company.

Argentina says it cannot pay certain debts and will fall into default by July 31 if it can't come to an agreement with creditors. This would be Argentina's second default in 13 years.

Seven years after the subprime mortgage crisis, the U.S. economy has not yet fully recovered. Now two economists have come up with new evidence about what's holding the economy back.

Treasury Secretary Jack Lew is asking U.S. companies to show their patriotism by resisting the temptation to reduce their tax bill by moving abroad. He was interviewed by CNBC on Wednesday.

Citigroup has agreed to pay $7 billion to settle claims that it committed fraud when it sold mortgage-backed securities in the years leading up to the financial crisis. Most of the mo...