Brazil's President Dilma Rousseff tapped a confidant from a state-run bank to be the next head of Petrobras on Friday, chilling investor hopes that a more independent new ..
Shares of Exelis soared as much as 37.4 percent to a record $24.34 on Friday, topping the $23.75 per share cash-and-stock offer from Harris. U.S. defense contractors, includin ..
Dozens of lawsuits against Takata Corp and several car manufacturers over faulty air bags that prompted a wave of recalls will be heard in a Florida federal court, a judicial ..
Standard & Poor's cut Greece's long-term sovereign credit rating to B- from B on Friday, warning that liquidity restraints on Greek banks would limit the time th ..
The upbeat January jobs report is just the latest piece of evidence suggesting the Fed may be forced to raise rates sooner rather than later. ..
Technology companies such as Google are unlikely to become mass car manufacturers, even if they have the potential to disrupt an industry increasingly focused on software and ..
RadioShack Corp (RSHC.PK) will use a $285 million debtor-in-possession (DIP) financing from DW Partners LP, a credit-focused fund manager, to back its operation during Chapter ..
It was another blockbuster jobs report for the month of January with some pretty big upward revisions for the months of November and December. Economist Mark Zandi says expect ..
America has added more than a million jobs in the space of three months but wages, especially for blue-collar workers, are showing few signs of gains. The Federal Reserve is f ..
The United States Postal Service ended its first quarter with a net loss of $754 million but increased its operating revenue as holiday shoppers boosted its package delivery b ..