Industry should play its part in the fight against climate change by persuading governments to aid carbon cuts rather than lobbying against them, the U.N. Secretary-General told a business conference on Sunday.
Industry should play its part in the fight against climate change by persuading governments to boost carbon cuts rather than lobbying against them, the U.N. Secretary-General told a business conference.
Energy leaders on Sunday debated what oil price would spur investment in the sector without hurting a wider global economic recovery, as top producer Saudi Arabia forecast prices eventually moving toward $75 a barrel.
Internet sensation Susan Boyle, whose performance on Britain's Got Talent last month has been watched on YouTube by tens of millions of people and made her a global celebrity, returns to the competition on Sunday.
The Federal Reserve is likely to keep benchmark interest rates near zero for a while in an economy that is pulling out of a steep decline and appears on course for a very gradual recovery, Fed Vice Chairman Donald Kohn said on Saturday.
The Federal Reserve is likely to keep benchmark interest rates near zero for a while in an economy that is pulling out of a steep decline and appears on course for a very gradual recovery, Fed Vice Chairman Donald Kohn said on Saturday.
The Federal Reserve is likely to keep benchmark interest rates near zero for a while in an economy that is pulling out of a steep decline and appears on course for a very gradual recovery, Fed Vice Chairman Donald Kohn said on Saturday.
When Scott Brooks got laid off by American Express in February he decided to turn his back on finance and revive a dream he gave up on many years ago -- to become a math teacher.
One sign of the tough economic times is that the very thought of taking a vacation has become stressful, according to a recent survey.
U.S. retailers, which have banked heavily on cost cuts to guard margins in the recession, may be running out of ways to trim expenses further -- putting future profits in jeopardy, unless consumers open their wallets soon.
A federal judge ended a temporary receivership of MGA Entertainment Inc in a copyright infringement lawsuit over its Bratz doll business but broadened the list of products and know-how MGA must turn over to Mattel Inc , which won the franchise in a 2008 trial.
General Motors Corp on Friday borrowed another $4 billion from the U.S. Treasury and won a cost-cutting deal from Canadian auto workers as a showdown with bondholders set the stage for a bankruptcy filing by the end of the month.
General Motors Corp won a cost-cutting deal from its Canadian labor union on Friday, part of a package of concessions the automaker is expected to take into a federal bankruptcy court by the end of this month in a showdown with its bondholders.
The U.S. government will set aside about $1 billion in existing funds for developing a vaccine for the H1N1 flu, a virus from swine origin, according to Health and Human Services Secretary Kathleen Sebelius.
The U.S. oil refining industry on Friday blasted the Waxman-Markey climate bill which passed yesterday evening in Congress, saying it would increase imports of crude and refined products thus impeding national energy security.
The world grouping OECD said on Friday the global economy was out of free fall, offering hope of recovery late this year, but investors focused on risks to the U.S. credit rating from rising government debt.
The Federal Deposit Insurance Corp. on Friday voted to charge U.S. banks a one-time fee of 5 cents per every $100 of assets to rebuild its insurance fund depleted by compensating nationwide bank failures.
Global electricity use this year will fall for the first time since 1945 when records began, a signaling the seriousness of the economic recession, according to the International Energy Agency.
Stocks fell for a fourth day on Friday on persistent worries about the U.S. budget deficit, with U.S. Treasuries and the dollar losing ground.
Stocks fell for a fourth day on Friday on persistent worries about the U.S. budget deficit, with U.S. Treasuries and the dollar losing ground.
Cigarette companies systematically lied for decades to hide the dangers of smoking, a U.S. appeals court said on Friday as it upheld a trial judge's racketeering verdict.
Evercore Partners Inc named BlackRock Inc's co-founder Ralph Schlosstein as its chief executive, replacing Roger Altman, as the boutique bank seeks to diversify from its core advisory business.
