German insurer Allianz SE, saw third-quarter net profits soar 21%, reaching 1.92 billion euros ($2.81 billion).
The IRS could miss its early season filing peak if Congress waits until December to complete its tax bill.
J. Andrew Kalbaugh is the new chief executive of Mutual Service Corp. of West Palm Beach, Fla.
Consumer confidence fell this month to the lowest level in more than two years, according to the RBC Cash Index.
The House passed a one-year reprieve from the alternative minumum tax for an estimated 23 million taxpayers.
Morgan Stanley CEO John J. Mack has identified Zoe Cruz, a co-president, as the leading candidate to succeed him.
An increase in exports helped push the U.S. trade deficit for September down to $56.5 billion.
The firm has upped its subprime-mortgage losses to $27.2 billion, $6.3 billion more than earlier reported.
Securities firms should accept fiduciary responsibility in advising retail clients, said Citi's Sallie Krawcheck.
ProShare Advisors launched two short exchange traded funds that are designed to generate inverse performance compared to the markets in China and Japan.
