JPMorgan's surprising $2 billion trading loss begs a post-financial-crisis question: Are America's biggest banks simply too big to manage?

Washington policymakers have largely focused on whether bank

JPMorgan Chase & Co said on Thursday that it suffered a trading loss of at least $2 billion from a failed hedging strategy, a surprise disclosure that hit financial stocks and the reputation of the ba

Facebook Inc's record initial public offering is already oversubscribed, a source familiar with the share listing said, days after the world's largest social network embarked on a cross-country roadsh

State-owned Air India risks losing a $5.8 billion government bailout, Civil Aviation Minister Ajit Singh said on Thursday, as industrial action by pilots disrupted flights for a fourth day.

The natio

SKS Microfinance Ltd, the only listed microfinance company in India, said on Thursday it planned to reduce its headcount by a third and shut some branches in Andhra Pradesh state amid mounting losses.

British Prime Minister David Cameron faces potentially embarrassing scrutiny of his ties to Rupert Murdoch on Friday when Rebekah Brooks, a former top lieutenant in the tycoon's media empire, appears

Greek Socialist leader Evangelos Venizelos meets conservative Antonis Samaras on Friday in a possibly doomed attempt to form a government and avoid a repeat election, while EU leaders are warning that

British intelligence played a central role in the undercover operation to foil an underwear bomb plot involving al Qaeda's Yemeni offshoot, counter terrorism sources told Reuters.

The undercover info

Global drugmakers could face new U.S. scrutiny after a report from lawmakers in India alleged abuses in that country's drug approval process, lawyers familiar with such investigations said.

A parliam

Rafael Nadal suffered his first claycourt defeat in 23 matches on Thursday and threatened to boycott next year's Madrid Open if officials did not ditch the blue clay that players have labelled 'too sl