President Barack Obama plans to introduce a series of incentives to bring outsourced jobs back to America and increase domestic investment.
Since Deepwater Horizon, a longer permitting processes and the drilling moratorium in the Gulf of Mexico is projected to cost the U.S. more than $24 billion in lost investment, says a report from the American Petroleum Institute.
Gold prices extended gains into the second day on Wednesday, rising above the closely-watched 200-day moving average. The yellow metal is trading at around its highest level in a month, supported by strong physical demand from India and China.
Stock index futures dipped on Wednesday, a day after major indexes hit a five-month high, with pressure on the euro testing the recent view that the U.S. market was decoupling from Europe.
Indian lenders may have to downgrade their loans to loss-making state-run Air India after they deferred a long-pending debt restructuring proposal, seeking a revision and making it tougher for the carrier to raise funds, three sources said.
The abrupt exit of Jasjit Bhattal, the highest-ranking ex-Lehman executive at Nomura Holdings, marks a crucial juncture for Japan's top brokerage as it decides whether to replace him with an experienced global banker to foster expansion, or with an in-house local to focus on the home market.
The top aftermarket NYSE losers on Tuesday were: HCA Holdings, Hill-Rom Holdings, PVH Corp, Medifast, Two Harbors Investments, Emergent Biosolutions, Jones Group, Marathon Petroleum Corp, Pioneer Natural Resources and Cal Dive International.
Mitt Romney takes New Hampshire Republican U.S. presidential primary by comfortable margin to lead the pack against Barack Obama on Nov. 6.
Michael Williams, CEO of mortgage giant Fannie Mae, is resigning, the company announced on Tuesday.
One of the driving forces causing this decoupling to occur has been a growing string of strong economic data in the U.S.
Historically low interest rates and weak stock market gains led 100 of the largest U.S. corporate pension funds to a massive funded-status deficit of $464.4 billion in 2011, the largest deficit in the 11 years consulting firm Milliman Inc. has been tracking such pensions.
Gold prices rose 1.5 percent near a closely watched level Tuesday to a three-week high as the dollar weakened and stocks rallied.
The federal government will soon begin selling government-owned foreclosed properties in bulk to investors as rentals, in a new effort to dispose of its growing portfolio of distressed properties.
A city official said the Economic Development Corporation remained hopeful about creating another tech partnership. If the new plans go through, the EDC could be making an announcement in the coming weeks.
Was Apple CEO Tim Cook paid $380 million in 2011? It depends on how you look at it.
Jacob Lew, a former Citigroup executive, reportedly received a $900,000 bonus from the company after it took $45 billion in taxpayer bailout funds in 2008.
Two foreign citizens who reside legally in the U.S. failed in their attempt to overturn a ban on political spending from non-citizens on free speech grounds.
Alison Fournier, a New York investment banker, is planning to sue Starwood Hotels chain over a sex assault involving drunken man that entered her hotel room in Finland last year.
Regarding its banking system, the United States has now experienced its third generation of "heads the banks win, tails the taxpayer and the public loses.” Is there a better way? Is it possible to create a bank that serves the people of the United States?
Chinese machinery maker Shandong Heavy Industry Group on Tuesday sealed a deal to take a 75 percent stake in debt-laden Italian yachtmaker Ferretti Group, the latest in a series of Chinese acquisitions of European brands.
After months of campaigning and enough debates to enervate even the most fanatic political junkies, the New Hampshire primaries are upon us. Here are the essential questions facing the horses remaining in this race, from how big Mitt Romney will win to whether Newt Gingrich and Jon Huntsman can build some momentum.
The Nikkei share average edged up on Tuesday after revenue at U.S. aluminum giant Alcoa beat expectations, while Olympus jumped 20 percent on reports it would remain listed, but the benchmark remained stuck below key resistance ahead of events in Europe.
