FedEx Corp raised its fiscal-year outlook on Thursday after quarterly profit more than doubled, with strong Asian export volumes more than compensating for flat U.S. demand.
Japan's Nissan Motor Co will begin building the Leaf electric compact car at its Sunderland plant from early 2013, making Britain its third global production site for the zero-emission vehicle.
Wells Fargo & Co said on Friday it is in talks with Baltimore officials that could avert further litigation by that city over the bank's mortgage lending practices.
Jon Daurio, chief executive officer of mortgage investor Kondaur Capital Corp., recently offered a $4,000 check to Barry Culver for the deed to his Bryan, Ohio house.
Chances of a broad overhaul of U.S. financial regulation this year dimmed on Thursday after bipartisan Senate talks collapsed.
An experimental approach that looks for the DNA leaking out from dead and dying cells may provide a route to a blood test for breast cancer.
The $120 billion that New York state owes in debt, health and pension benefits for public workers puts it in the danger zone, and getting down to the safety zone requires a $20 billion cut, a study said Tuesday.
Members of the Senate Banking Committee drafting financial reform have about reached a balance on the controversial consumer watchdog proposal, Republican Senator Bob Corker said on Tuesday, indicating a bipartisan deal could be reached soon.
Harold Ford, a former representative from Tennessee, will not challenge Senator Kirsten Gillibrand in the New York Democratic primary, The New York Times reported on Monday.
Bipartisan agreement in the Senate on financial reform hit a snag on how much power to give a consumer watchdog office being proposed by Democrats, with marathon talks resuming on Sunday.
Key senators pushed for a bipartisan agreement on a package of reforms to tighten rules for financial industry behavior as President Barack Obama on Wednesday blasted critics who call his policies socialism.
Senate negotiations toward a bipartisan agreement on financial regulatory reform moved forward on several fronts on Wednesday and hopes were high for a pact early next week.
Lawmakers delivered opening statements today during a hearing investigating Toyota's and the government regulators' response to complaints of unintended acceleration in the company's vehicles.
In a year in which Republicans look likely to make sweeping gains in congressional and governors' elections, New York Democrats are more concerned with fighting each other.
The U.S. Federal Reserve on Thursday made its first interest rate move since December 2008, hiking an emergency lending rate it charges banks, but insisted borrowing costs would not rise for consumers or companies.
A fight over an Obama administration proposal to create a new U.S. watchdog for consumer financial products threatened on Friday to derail progress toward tighter bank and capital market regulation, amid much posturing on both sides.
In an unusual move that cut a senior Republican out of the loop, bipartisan U.S. Senate negotiations resumed on Thursday on financial regulation reform, a top priority of the Obama administration.
The iPad may still be weeks away from launch, but the companies that feed off the popularity of Apple Inc's products are already hard at work prepping for the new tablet.
Stocks rallied for a second day on Tuesday as better-than-expected earnings and encouraging data calmed investors after the market's recent sell-off.
Stocks rallied for a second day on Tuesday as better-than-expected earnings and encouraging data calmed investors after the market's recent sell-off.
Stocks gained on Tuesday, helped by encouraging earnings, and as a rise in pending home sales helped calm fears of weakness in the housing market.
Borders Group Inc said on Thursday it is laying off about 10 percent of its corporate staff in an effort to contain costs as it contends with dwindling sales.