Soon after Bill Erbey and his wife Elaine moved last year to St. Croix, in the U.S. Virgin Islands, they ran up a $2,000 electric bill. They turned down the air conditioning i ..
Asian shares rose to their highest in nearly five months on Tuesday on heightened hopes for a deal in Washington to reopen the U.S. government and avert a possible debt defaul ..
Toyota Motor Corp said on Tuesday it would cut up to 100 jobs in Australia, a move to downsize its production as export orders dropped. Exports make up about 70 percent of Toy ..
A month of combat in the U.S. Congress over government spending showed signs on Monday of giving way to a Senate deal to reopen shuttered federal agencies and prevent an econo ..
U.S. biotech firm Savient Pharmaceuticals Inc filed for Chapter 11 bankruptcy protection in a Delaware court on Monday and said it has agreed to sell most of its assets to Slo ..
Private equity firm KKR & Co LP and its co-investors, which took First Data Corp private for $29 billion in 2007, are making a new $300 million investment in the world's large ..
British Finance Minister George Osborne is set to announce on Tuesday special terms that make it easier for Chinese investment banks to expand in the UK, the Financial Times r ..
If Washington doesn't reach a deal soon to keep paying its bills, an economic crisis could start unfolding so quietly on Thursday it will give little hint of its potential to ..
The United Auto Workers-affiliated healthcare trust valued its ownership stake in Chrysler Group LLC at $3.6 billion by the end of 2012, up from $2.7 billion the previous year ..
U.S. senators said they were closing in on a deal Monday that would reopen the government and push back a possible default for several months, though many hurdles remained as ..