Allianz SE, the German company that owns Pacific Investment Management Co., is standing behind Chief Investment Officer Bill Gross, even as his main fund trails peers' and struggles with heavy investor withdrawals.
Most of the 1,500 job cuts that Botox maker Allergan Inc. announced Monday morning will be made in Southern California, the company?s chief executive said.
Some of the hippest online retailers around are pioneering an old concept: offline retailing.
Amazon.com Inc. on Friday introduced Kindle Unlimited, an all-you-can-read e-book subscription service available for $9.99 a month.
California's unemployment rate fell to 7.4% in June ? a month in which the state finally recovered all the jobs lost during the recession.
A New York investment group has bought a $10-million loan as part of its efforts to shore up American Apparel Inc.'s finances and keep it from teetering into bankruptcy.
More Americans than ever live in multigenerational households, and the number of millennials who live with their parents is rising sharply, according to a study released Thursday.
It'll be a girl, or "guidette," for "Jersey Shore" alum Jenni "JWoww" Farley. The pregnant 27-year-old reality-TV star shared the news with Us magazine, adding that she and fiance Roger Mathews were "super excited and super emotional" to find out their baby's gender. "I pictured a boy this whole time, so when I saw 'girl' on the paperwork, I was like, 'No way!' But deep down I think I knew," she said. "[Snooki's son] Lorenzo is gonna have a BFF, and I couldn't be happier!" PHOTOS: The Hollywood baby boom Snooki, of course, is Farley's BFF and "Snooki & ww" costar...