More homeowners were 60 days late or more on mortgage payments in the period of June to September, the first increase since the end of 2009, according to credit reporting agency TransUnion.
The E.W. Scripps Company reported a $10.7 million loss in the third quarter due to revenue declines in both the television and newspaper divisions.
Drug maker Bristol-Myers Squibb Co. (NYSE:BMY) said it has won the approval of the U.S. Food and Drug Administration (FDA) for the expanded use of its cancer drug, Erbitux.
Credit Suisse will hand over details of wealthy Americans with hidden Swiss accounts to the Swiss government, bringing U.S. authorities one step closer to obtaining names of alleged tax cheats.
In a latest development regarding the AT&T/T-Mobile merger, a Wall Street analyst said the federal communications commission (FCC) chairman may be positioning to send the AT&T / T-Mobile USA merger to an Administrative Law Judge (ALJ) Review ahead of Dept. of Justice (DoJ) court action.
Kraft Foods Inc. will enter the energy drink market, the company announced Monday, as it plans to launch trial caffeinated versions of its popular MiO drink starting around the new year.
Michael Jackson's physician Dr. Conrad Murray, who was found guilty of involuntary manslaughter, has been placed on suicide watch while he waits for his sentencing hearing, which is scheduled for Nov. 29.
Toyota Motor Corp posted a 32 percent drop in quarterly operating profit and withdrew its full-year profit forecasts.
Societe Generale , France's second-biggest listed bankon, scrapped its 2011 dividend on Tuesday to help bolster capital when reporting quarterly profit fell sharply, hit by charges including Greek debt writedowns.
India's No. 2 carrier Kingfisher Airlines, controlled by liquor baron Vijay Mallya, plans to cancel 31 flights daily till Nov 19, including four international flights to Bangkok, the Mint newspaper reported, citing an unnamed airline official.
The executive chairman of Google Inc on Tuesday played down concerns the search giant would give preferential treatment to Motorola Mobility Holdings after its planned purchase of the handset maker is completed.
Troubled retailer American Apparel Inc (APP.A) reported a narrower third-quarter loss, helped partly by lower operating expenses, and said it expects to improve its performance in the fourth quarter and next year.
Caterpillar Inc said Monday it plans to add 100 to 150 jobs in central California in late 2012 when it opens another parts depot as part of its ongoing expansion its distribution business.
Auction house Sotheby's posted a $29.7 million net loss in the third quarter, the company announced in its earnings report after trading ended Monday. Sotheby's net loss compares to a $19.4 million loss from the same period last year.
Shares in Dreamworks Animation leapt more than 10 percent after Puss in Boots nabbed its second weekly box office crown with a surprisingly strong $48 million in global ticket sales.
McDonald's Canada has begun a campaign in the country to challenge major coffee brands like Starbucks, announcing it would launch the McCafe brand as well as a new line of premium espresso-based coffees in most of its restaurants.
Lack of financing accounts for 21 percent of stalled construction sites, dampening job growth, according to research from the American Institute of Architects (AIA) and analysis of McGraw-Hill Construction data.
A federal arbitrator imposed a labor contract on Air Canada's 6,800 flight attendants on Monday that has the same provisions as a tentative deal the attendants voted down in October, the union representing the workers, said on Monday
Amgen Inc (AMGN.O) said it plans buy back $5 billion of its shares, or about 10 percent of outstanding stock, in a modified Dutch auction, which allows shareholders to choose the price at which they are willing to sell.
Wells Fargo & Co., the fourth-largest U.S. bank by assets, is launching a boutique business to serve families with $50 million or more in assets, as more banks look toward wealth management to replace transaction-based fees.
Wesdome Gold Resources Ltd.'s third-quarter loss increased as challenging ground conditions and difficulties attracting skilled development miners cut gold production, the Toronto-based company said Monday.
It’s a historic week in aviation in the United States as both Unites Airlines and Alaska Airlines make maiden commercial voyages powered by biofuels.
Dish Network posted strong earnings Monday, but a loss of subscribers could foreshadow problems in the future.
For a cool $14 million, you can own the most expensive house in Brooklyn. The house sits at 70 Willow Street in Brooklyn Heights and boasts some extremely luxurious features.
ThinkEquity has initiated coverage of Symantec Corp. (NASDAQ:SYMC) with a buy rating, citing its portfolio of stable, cash-generating businesses and more vibrant growth strategies.
Automobile manufacturers General Motors (GM) is recalling more than 38,000 Pontiac G8 vehicles, over an issue with its airbags that may increase the risk of head injury in accidents.
Swiss private bank Julius Baer has raised its bid for unlisted Rabobank's stake in Swiss bank Sarasin and is now making an all cash offer, a newspaper reported on Sunday, citing sources close to the matter.
The U.S. Food and Drug Administration has approved Johnson & Johnson's anticlotting drug Xarelto (rivaroxaban) to cut the risk of stroke in patients with nonvalvular atrial fibrillation (AFib), both the company and the FDA announced.
In a rundown patch of Detroit, enclosed by a cyclone fence and barbed wire, stands an unremarkable warehouse that investment bank Goldman Sachs has transformed into a money-making machine.
An initiative backed by Costco to allow supermarkets and warehouse stores to sell liquor in the state of Washington has shattered an election spending record