The Chevron Corp. announced Friday it has filed an appeal with Ecuador's National Court of Justice to review what the company calls an illegitimate ruling made against it this year.
The volatility, panic, and the resulting tightening of investors' purses that dominated credit markets for much of 2011 is giving way to calm, creating a flood of cash from investors now confident enough to put their money back into corporate bonds. Somewhat surprisingly, crisis-exposed financial institutions, even in Europe, have been able to take advantage.
Investment in biotechnology by venture capitalists jumped 22 percent in 2011, with $4.7 billion going into 446 deals, according to the MoneyTree Report released by PricewaterhouseCoopers and the National Venture Capital Association.
U.S. venture capitalists dipped deeper into their pockets to fund start-ups last year, despite a slowdown in the fourth quarter. The appetite for mature consumer web companies remained strong, while interest in early-stage companies tumbled.
Intel Corp sharply increased its capital expenditure budget for 2012 in a bid to catch up in tablets and smartphones and to extend its lead in corporate data centers.
China's manufacturing activity slowed for a third consecutive month in January, according to a survey of purchasing managers on Friday, which could compel Beijing to take steps to stimulate growth in the world's second-largest economy.
Bellwether technology companies that are tops in their sector – IBM, Intel, Microsoft and Google – have now reported their final 2011 results.
What are some of the key takeaways?
General Electric Co's (GE.N) fourth-quarter revenue fell short of Wall Street expectations because of slower-than-expected growth in Europe, sending its shares down 2.5 percent in premarket trading.
Apple's recently announced iBook 2 on Thursday marks the most ambitious attempt by Apple to revolutionize the education system in the U.S.
Moody's Investors Service, the credit rating agency of Moody's Corp , warned on Thursday that it is likely to make further cuts in credit ratings of many European banks and global investment banks.
Moody's Investors Service warned Thursday that many European banks and global investment banks are likely to see their credit ratings further downgraded by the agency.
There's a new seed stage investor in town. Brooklyn Bridge Ventures, which set up shop at 20 Jay Street in DUMBO, is looking commit up to $500,000 and lead investments in seed and angel stage rounds for new internet-based companies.
Canada's moment in the sun as the fastest-growing economy in the G7 club of rich countries is set to end this year, when it will likely underperform the U. S. for the first time in seven years and struggle with a mounting household debt problem.
Russian miner Norilsk Nickel is expecting to reduce production this year to adapt to a slight fall in global metals demand, its CEO said on Thursday, but does not see a slump into another global economic crisis.
David Cameron wonders if bank heads make too much in bonuses.
An increase in unsafe abortions continues to put women's health in jeopardy, despite a worldwide decline in abortions, a new study has found.
The Rangers signing of Yu Darvish appears to take them out of the running for slugger Prince Fielder, but where exactly does he end up now?
For Chinese shipping executive Ping Bo buying gold is the best way to protect his family's wealth and give his 10-year-old son a headstart into adulthood.
Morgan Stanley (MS.N) lost money in the fourth quarter due to a special charge, but performed better than analysts had expected, sending its shares higher in premarket trading.
Samsung's $41 billion investment splurge should ring alarm bells at its competitors. It's a bold bet in a slowdown, if its bet pays off Samsung could lengthen its lead over the likes of Apple.
Federal authorities announced at a press conference on Wednesday that seven individuals were brought up on insider trading charges as part of a five-year investigation conducted by the Justice Department.
China faces what could be its worst year of growth in a decade with policy firepower that developed nations can only dream of.