A U.S. appeals court on Wednesday sped up the review of a ruling that moved consideration of Bank of America Corp's $8.5 billion settlement over mortgage debt to federal court from a New York state court.
U.S. weapons makers told investors this week they are doing all they can to prepare for leaner and more uncertain U.S. defense budgets, including redoubling their efforts to cut costs, drum up export sales and sell more goods to commercial clients.
LivingSocial Inc is set to run a national discount offer with McDonald's Corp as the second-largest daily-deals company moves to catch larger rival Groupon Inc.
Boeing Co has made an early deal with its biggest union for a new four-year contract, which if ratified would mean the end of the planemaker's dispute with the National Labor Relations Board and ensure the new 737 MAX single-aisle plane would be built in Washington state.
Iceland's special prosecutor arrested the former chief executive of Glitnir Bank on Wednesday and questioned nearly two dozen people related to the collapse of the bank in 2008.
Stocks surged on Wednesday after major central banks agreed to make cheaper dollar loans for struggling European banks to prevent the euro-zone debt woes from turning into a full-blown credit crisis.
The Federal Reserve said on Wednesday the U.S. economy grew moderately in recent weeks but said hiring remained anemic and housing activity impaired.
After the frenzy of Cyber Monday, members of Congress on Wednesday entered into a different scuffle over web shopping: states' desire to collect sales taxes from Internet retailers.
Stocks surged on Wednesday after major central banks agreed to make cheaper dollar loans for struggling European banks to prevent the euro-zone debt woes from turning into a full-blown credit crisis.
Boeing Co has made an early deal with its biggest union for a new four-year contract, which if ratified would mean the end of the planemaker's dispute with the National Labor Relations Board and ensure the new 737 MAX single-aisle plane would be built in Washington state.
A gradual broadening and strengthening of U.S. growth should cushion the American economy against severe damage from the storms in Europe, unless a financial meltdown causes global havoc.
Stocks surged more than 4 percent on Wednesday after major central banks agreed to make cheaper dollar loans for struggling European banks to prevent the euro-zone debt crisis from spiking a credit crunch.
by Anthony Hughes and Robert SherwoodNEW YORK, Nov 30 - Zynga is expected to price its shares on December 15 in one of the most highly anticipated IPOs of the year.
E*Trade Financial Corp's chief financial officer said on Wednesday that the deteriorating economic environment spurred by Europe's debt crisis was a key reason behind the No. 3 online brokerage's decision not to put itself up for sale after its recent strategic review.
Stocks rose 3 percent on Wednesday as major central banks jointly added liquidity to the world's financial system, easing worries about a global downturn.
In its first three months in operation, the U.S. consumer financial watchdog received more than 5,000 complaints from credit card customers, led by billing disputes and interest rate problems.
Stocks rose 3 percent on Wednesday as major central banks jointly added liquidity to the world's financial system, easing worries about a global downturn.
The investor group Melrose 2 is suing Paramount Pictures, claiming it put up $375 million to finance the Transformers movies and other projects, but hasn't received any of the profits.
British digital sports rights media firm Perform expects to be able to increase its advertising rates around video by employing more scientific data, such as that provided by Facebook, to target marketing at viewers.
Companies created the most jobs in nearly a year in November, adding to cautious optimism that the country's battered labor market is working its way toward healing.
Lawyers for multimillionaire hedge fund founder Raj Rajaratnam on Wednesday sought a delay of his prison sentence just five days before he was due to start serving 11 years for insider trading.
Startup cloud-computing company posts online ad for $10 groupies to promote brand at upcoming convention.
Stocks surged on Wednesday as major central banks around the world acted jointly to add liquidity to the global financial system, sparking a rally in risk assets such as equities and commodities.
The new U.S. consumer financial watchdog said there is a lot of confusion about the terms of credit cards based on complaints it has received from cardholders in recent months.
The central banks of the United States, euro zone, Japan, Canada, Britain and Switzerland announced on Wednesday coordinated global action to provide liquidity to the financial system, lowering the price on existing dollar swaps.
Private sector job growth accelerated in November as employers created the most jobs in nearly a year, prompting some economists to raise their forecasts for Friday's more comprehensive government labor report.
The pace of job growth in the private sector accelerated in November, with U.S. employers adding 206,000 jobs, a report by a payrolls processor showed on Wednesday.
A Chinese tourism company listed in the United States wants investors to pour their money down a dark hole. Literally.
China's central bank cut reserve requirements for commercial lenders on Wednesday for the first time in three years, a policy shift to ease credit strains and shore up an economy running at its weakest pace since 2009.
Japanese authorities may take weeks to make any arrests over the accounting scandal at Olympus Corp, though initial findings by an investigative panel of experts are due to be released in days, lawyers said.