The IRS could miss its early season filing peak if Congress waits until December to complete its tax bill.
An increase in exports helped push the U.S. trade deficit for September down to $56.5 billion.
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.
German insurer Allianz SE, saw third-quarter net profits soar 21%, reaching 1.92 billion euros ($2.81 billion).
Board members and fund executives polled are now spending more than 50 hours per quarter managing board responsibilities.
Fund giant's Aa3 rating makes it a low credit risk, but Moody's still worries about transparency.
Affiliated Managers Group today announced that it had purchased a stake in ValueAct Capital Partners.
The firm has upped its subprime-mortgage losses to $27.2 billion, $6.3 billion more than earlier reported.
American International Group Inc.'s third quarter net income dropped to $3.09 billion or $1.19 per share.
