Fitch says Rio-based OGX Petroleo e Gas Participacoes could be insolvent by the end of the year.
In an IRS auction, a Boston resident agreed to pay $560,000 for two parking places in a Boston neighborhood in a near-record bid.
Here's a list of 10 notable quarterly earnings reports to watch for during the week of June 17-21.
A Wendy's employee has been fired after a photo of him guzzling straight from the restaurant's vanilla Frosty machine went viral.
When Congress renewed a tax credit, it apparently made some of the missed benefits available retroactively.
Come next week, all eyes will be on two next-generation long-haul planes -- Airbus' A350 and Boeing's 787 Dreamliner.
Gannett’s $1.5 billion deal with broadcaster Belo is one example of newspaper companies expanding into healthier broadcast businesses.
The first Airbus commercial jet in six years will have its public display at the annual aerospace expo in Paris, which starts Monday.
At least two telecommunications companies with foreign ownership fly a bit under the NSA's radar.
Groupon Inc, Smith & Wesson Holding, SolarCity, Nokia, and GameStop Corp prevailed in pre-market trading on Friday.
Malindo Air, with its low-cost, high-service model, hopes to occupy a unique market in Southeast Asia.
U.S. stock futures point to a flat open on Friday as investors await a host of economic data.
CEO says tech features in cars present an enormous commercial opportunity one day after report on distracted driving dangers.
After receiving allegations of bribery in its China operations, Glaxo launched an investigation but found no evidence suggesting corruption.
A Dolly Madison bakery in Georgia is set to resume making America’s iconic creamy-centered snack cakes.
The News Corp. chairman and CEO is leaving his wife, Wendi Deng Murdoch.
Fast-food chains need to do more with loyalty in order to stay competitive.
Apple would like to be the standard for vehicle dashboard controls. Will automakers embrace the idea?
McDonald's was the most-visited fast-food restaurant in America in April 2013.
The aircraft engine maker built 3,300 engines last year and expects to build 3,600 in 2013 and 3,800 in 2014.
Sobeys Inc.'s $5.7 billion purchase of Safeway Canada puts Loblaw, the country's largest grocer, on notice.
The Corsa models will be sold in the car markets of Russia, Kazakhstan and also Belarus.
Honda is recalling 18,000 Honda and Acura vehicles due to a brake issue.
The OECD said in some cases immigration costs 0.5% of GDP; in other cases it adds about the same, according to the report.
Gannett is buying Belo to become one of America's biggest owners of TV network affiliates.
Monthly foreclosure data show that U.S. foreclosures and bank repossessions rose in May, even amid a budding housing recovery.
Madrid released housing price figures on Thursday and they’re not pretty.
Shareholders of Fannie Mae and Freddie Mac, who have sued the U.S. government for $41.5 billion in damages, may not have the strongest case.
Cruising in Asia is still in its infancy, but cruise lines like Royal Caribbean and emerging hubs like Hong Kong have big plans in store.
U.S. stock index futures point to a lower open on Thursday as investors await reports on retail sales and jobless claims.