Apache Corp said it will buy oil and natural gas explorer Mariner Energy Inc for $2.7 billion, diving into the deepwater Gulf of Mexico with its second major acquisition this week.
Private equity firm Quadrangle Group LLC settled its part of a long-running pay-to-pay probe involving the state's $129.4 billion pension fund, but the accord excludes co-founder Steve Rattner, who remains under scrutiny.
U.S. stocks were little changed on Thursday as an upbeat profit forecast from United Parcel Service pushed up transportation shares, offsetting concerns about a rise in weekly jobless claims.
The U.S. Federal Reserve has made clear it will not monetize federal budget deficits by printing money, a senior U.S. Federal Reserve official said on Thursday.
U.S. stocks edged higher on Thursday as a strong profit forecast from United Parcel Service Inc propelled transportation shares, offsetting worries that debt-plagued Greece was ready to use an emergency bailout package.
Prosecutors are examining whether Goldman Sachs Group director Rajat Gupta gave inside information about the Wall Street bank to Galleon Group hedge fund founder Raj Rajaratnam, the Wall Street Journal said on Thursday, citing people close to the situation.
Charles Schwab Corp said on Thursday its quarterly profit dropped 45 percent, in line with its own worst-case-scenario forecast, as sluggish trading and low interest rates weighed on the largest U.S. discount brokerage.
The number of U.S. workers filing new claims for jobless aid soared last week as the backlog from the Easter holiday was processed, adding to worries about the economic recovery, while U.S. industrial output rose less than expected in March.
Greece has not changed its plan to hold a U.S. roadshow for a dollar bond, a senior government official told Reuters on Thursday, denying earlier press reports.
Senior executives of Fujitsu Ltd have been sued by financial advisers who say the technology services company defamed them by implying they had a connection to organized crime.
Apache Corp said it will acquire smaller oil and natural gas explorer Mariner Energy Inc for $2.7 billion, in a bid to extend its operations into deepwater Gulf of Mexico.
The number of U.S. workers filing new claims for jobless benefits unexpectedly soared last week as applications held back during the Easter holiday were processed, government data showed on Thursday.
The Fortune 500 largest U.S. companies slashed a record 821,000 jobs last year, even as their collective profit soared more than three-fold to $391 billion.
Jeffery Stone and his wife Janette Diller Stone, one-time operators of a now-defunct New York investment firm called Crescent Fund, are not on any government most wanted list. And they aren't exactly hiding, either. But the former Greenwich, Connecticut, residents owe U.S. regulators nearly a half-million dollars in fines and restitution for their part in a five-year-old penny stock manipulation ...
U.S. stock index futures dipped on Thursday as nagging concerns about Greece's debt woes undercut a solid quarterly earnings report and stronger forecast from economic bellwether United Parcel Service Inc.
Capital One Financial Corp's U.S. credit-card defaults rose in March in a sign that consumers may still be under stress.
U.S. stock index futures dipped on Thursday as nagging concerns about Greece's debt woes undercut a solid quarterly earnings report and outlook from economic bellwether United Parcel Service Inc.
China chalked up unexpectedly strong annual growth of 11.9 percent in the first quarter, prompting renewed calls for tighter policies to prevent the economy from overheating and stoking speculation of when Beijing will loosen its grip on the yuan.
Lehman Brothers Holdings Inc laid out a plan on Wednesday to repay creditors a portion of some $1 trillion in expected claims, under a proposal that could resolve the largest U.S. bankruptcy in history.
Good morning dear traders, I had yesterday some trading break. With no questions. One reason was that I had not really much time for trading. The second reason was that the markets where too choppy in my eyes.
China chalked up unexpectedly strong annual growth of 11.9 percent in the first quarter, prompting renewed calls for tighter policies to prevent the economy from overheating and stoking speculation on when it will loosen its tight grip on the yuan.
Kuwait's Agility , the Gulf's biggest logistics firm, has been replaced by a new company as the main supplier to the U.S. military in Kuwait and Iraq, the company said in a statement on Thursday.
Billionaire financier George Soros thinks the euro and the European Union itself are at risk of breaking up if Germany refuses to play its traditional role and make concessions, he told a newspaper.
Stock index futures pointed to a lower open on Wall Street on Thursday, with futures for the S&P 500 down 0.3 percent, Dow Jones futures down 0.2 percent and Nasdaq 100 futures down 0.21 percent at 5:12 a.m. EDT.
The Greek aid deal is a turning point in the crisis that shows suggestions of a euro zone break up and Greek default are absurd, a top European Central Bank policymaker said on Thursday.
Strong growth in China and upbeat corporate earnings lifted world stocks on Thursday to a new high for the year, putting them at levels last seen around the collapse of Lehman Brothers.
AIG remains a long-term investor in China's top non-life insurer PICC , the Chinese insurer said on Thursday, even as the embattled U.S. firm unwinds its holdings in other assets to repay the U.S. government.
The European Union may have to establish a mechanism to help out countries with financing difficulties after a 30 billion euro aid package agreed for Greece last weekend, Jean-Claude Juncker, chairman of the Eurogroup of finance ministers, said in a newspaper interview on Thursday.
There is no possibility that Greece will default on its debts and no reason to doubt Germany's commitment to an EU pledge to help Greece, the European Union's monetary chief said on Thursday.
Asian stocks rose and neared 22-month highs on Thursday after U.S. tech and financial firms beat earnings forecasts and China's accelerating economic growth underpinned hopes of a broad, global economic recovery.
