Chevron, the second-biggest U.S. oil company, and Transocean are facing a second civil lawsuit which doubles the amount they may have to pay for two oil leaks off the coast of Brazil.
Trading on nonpublic information is already illegal for House and Senate members, but the new law bars them and any other federal employee from trading on nonpublic information about upcoming legislation or regulations. It also tightens disclosure requirements on financial transactions.
By resigning, the president becomes eligible for an emergency election expected to take place May 6, and it opens the door to a challenge from opposition leader Tomislav Nikolic, who favors stronger ties with Russia.
Rihanna told Elle that the media attention surrounding her beating three years ago was my liberation, but her actions these days say otherwise.
Stocks and commodities plunged Wednesday after the head of the European Central Bank -- a lynchpin in the euro zone's effort to contain the effects of its sovereign debt crisis -- suggested that some Greek banks will be left to collapse.
The U.S. oil giant is engaged in a battle with Ecuadoran courts over $18 billion in environmental damages. While that saga continues, a judge in New York said Chevron doesn't have to pay a $21.8 million fine.
Luxury electric vehicle company Fisker Automotive unveiled its newest model, the Atlantic, Tuesday night at the New York Auto Show, but the car may not hit the streets without a second cash-injection, the company's chief executive Tom LaSorda said.
John Calipari may be coaching the Knicks next season
The 2014 Chevy Impala debuted at the New York International Auto Show 2012 with a thunder of hooves and a look back at the iconic car's history, Wednesday, but the final product may just be another member of the herd of American sedans.
According to eyewitnesses, the suicide bomber detonated his device after steering a motorcycle into the group as they filmed interviews in a street market in Maymana.
In a new twist to the class claims lawsuit against India-based conglomerate Larsen & Toubro and its U.S. subsidiary L&T Infotech, an amended complaint has been filed to include yet another former female employee of the company who has alleged gender and pregnancy discrimination, and has also outlined in detail massive immigration violations that the company was indulging in.
Cadillac was named Most Improved Luxury Car Brand by J.D. Power and Associates at the 2012 New York International Auto Show, Wednesday.
Tom Cruise is set to receive the Friars Club's Entertainment Icon Award, which puts him in some elite company.
BTG Pactual, the largest independent investment bank in Latin America, said it is planning to raise up to $2.24 billion in a public offering that could signal the revival of Brazil's IPO market.
Yahoo Inc., the No. 2 search engine, said it will fire 2,000 employees starting Wednesday and incur a charge as high as $145 million in the second quarter.
Nissan Motor Co.'s CEO Carlos Ghosn didn't kill the electric car. He's the man determined to make the electric car a new cultural and transportation revolution.
Wall Street stocks were looked likely to open lower open on Wednesday, despite good private sector payrolls data, as investors digested minutes from the latest Federal Reserve meeting published Tuesday suggesting further monetary stimulus action is unlikely.
The woman behind the Mega Millions mess has lawyered up and will hold a press conference Wednesday to discuss the $656 Mega Millions jackpot. Mirlande Wilson, a Maryland resident, claims to hold one of three winning tickets for the $656 record-breaking Mega Millions jackpot. However, Wilson got herself into a bit of a Mega Millions mess when her McDonald's co-workers claimed the winning ticket was purchased with money from an office pool but Wilson said that she refused to share the money wit...
Stock index futures fell on Wednesday after minutes of the Federal Reserve's March meeting released on Tuesday showed policymakers were less inclined to provide more economic stimulus, curbing investors' appetite for risky assets.
Who is Goldman Sachs? Wall Street's top investment bank, or a company that treats its clients like muppets in order to make as much profit as possible? And what does that mean for the rest of us?
Kris Humphries and Kim Kardashian divorce war is still on. The basketball player has now refused to divorce the reality star Kim Kardashian until she publicly announces that the marriage was a fraud. Six months after confirming the end of their 72-day marriage the basketball player has a master plan to destroy his estranged wife.
Following the footsteps of fashion giants like Karl Lagerfeld and Giambattista Valli, fashion label Calvin Klein's Francisco Costa collaborated with retail brand Macy's to launch a limited edition Francisco Costa for Calvin Klein capsule dress line.