The long-awaited decline in U.S. oil output has begun, data show, but many investors and analysts are still waiting for prices to stage a sustained recovery. The rapid growth ..
The takeover ends a pursuit stretching back to January and marks the first major buyout of a midstream company since oil prices crashed. It will create one of the world's ..
Shares in mining and trading company Glencore fell almost 30 percent and closed at a record low on Monday over concerns it is not doing enough to cut its debt to withstand a p ..
U.S. consumer spending rose at a healthy rate in August, while income growth slowed after a big jump in July. Consumer spending advanced 0.4 percent compared to July, when spe ..
The Nasdaq composite (.IXIC) lost 3 percent and S&P 500 (.SPX) dropped more than 2 percent. Much of the damage came from pharmaceutical and biotech stocks after Democratic ..
General Motors Co (GM.N) Chief Executive Mary Barra said the automaker plans new efforts to capitalize on the connectivity built into its cars, expanding car sharing services, ..
Drugmaker Allergan Plc said it expected revenue to be greater than $8 billion in the second half to reflect the divesture of its global generics business to Teva Pharmaceutica ..
A U.S. appeals court on Monday weighed whether to uphold the approval of an estimated $5.7 billion antitrust settlement by MasterCard Inc (MA.N) and Visa Inc (V.N) with mercha ..
United Auto Workers union members at Fiat Chrysler Automobiles NV's (FCAU.N) (FCHA.MI) U.S. factories are increasingly rejecting a proposed national labor agreement recom ..
GE Power & Water said it will stop manufacturing gas engines in Wisconsin and move the work to Canada, meaning the loss of 350 jobs in a Milwaukee suburb, because the U.S. Con ..