BUSINESS

The world's largest oil field services company announced plans to slash another 11,000 workers, bringing the total layoffs up to 20,000 employees.

U.S. stocks closed flat Thursday despite oil prices rallying to their highest level of 2015.

The craft marketplace doubled its stock valuation when it opened for trading. Here are some of the biggest winners.

New Jersey pension officials voted for an audit of skyrocketing fees paid to Wall Street firms by the Christie administration.

Many Africans were using cell phones to make payments long before it was cool in Europe and North America.

Five years after the worst offshore oil spill in U.S. history, Louisiana residents say they're still feeling the economic effects.

The oil-rich kingdom is pumping 10.29 million barrels a day. The U.S. output is even higher, but that will change.

A New York startup wants to deliver tablets to inmates — not so they can watch Netflix, but so they can earn a GED.

Organic food sales jumped 11 percent in 2014 as the USDA reported a “record” number of organic farmers.

The American coffee and doughnut chain is embarking on an aggressive expansion in China, with the help of pork-topped doughnuts.

Etsy's stock scored as its shares, along with Party City and Virtu Financial Inc., debuted on Wall Street Thursday.

The two banks reported quarterly results Thursday amid a busy week of corporate results from the financial sector.

The case emphasizes tensions between widespread environmental concerns in China and the official desire for stability.

The two pilots of the Russian-made fighter jets reportedly ejected from the two aircraft but remain missing.

The market has gradually recovered this year as much lower prices have discouraged oil exploration and production.

The former Federal Reserve chairman said he was aware of criticisms of the "revolving door" between Washington and Wall Street.

The Chinese government’s increasing focus on rural development has prompted banks to spread their networks into the country’s villages.

The yields on all German government debt out to January 2024 were negative.

Sharp's lenders, Mizuho Bank and Bank of Tokyo-Mitsubishi UFJ, will inject $1.7 billion in a debt-for-equity swap, according to a source.

The search area for the missing plane will be doubled if it's not found by May, according to officials.

GM had asked U.S. Bankruptcy Judge Robert Gerber to ban lawsuits claiming $10 billion in lost value for 27 million recalled cars.

Xiaomi-funded Ninebot, which was sued by Segway for copyright infringement, has announced it will buy the pioneering scooter maker.

BP originally said it expected to pay $7.8 billion to resolve claims under the settlement.

The Chicago firm is seeking $314 million in a public offering that suggests the furor over high-frequency trading has abated.

The Brooklyn based e-commerce platform for handmade goods and vintage supplies could be valued at more than $1 billion.

The largest U.S. party supplies wholesaler and retailer could be valued at nearly $2 billion.

Quiet diplomacy among the world's biggest oil producers has heated up this week, yet observers see few signs that renewed discussion among Russia, Saudi Arabia, Venezuela and others will lead to action on output.

In New York and across the country, thousands of low-wage earners took to the streets, calling for “$15 and a union.”

Economies in Liberia and Sierra Leone are recovering from the deadly outbreak -- but not everyone is benefiting, World Bank data show.