UNITED STATES

JPMorgan Chase & Co Chairman Jamie Dimon says he hopes a strong financial regulatory bill will emerge that will also be good for the U.S. economy.

Signs of a recovery in the U.S. labor market grew on Wednesday as reports showed job growth among private companies and plans for layoffs falling to their lowest levels in four years.

U.S. stocks slipped on Wednesday on worries that Greece's debt crisis could spread to other euro zone nations, but losses were pared as some investors looked for bargains a day after a hefty sell-off.

U.S. stocks slipped on Wednesday on worries that Greece's debt crisis could spread to other euro zone nations, but losses were pared as some investors looked for bargains a day after a hefty sell-off.

Having shunned U.S. mortgage-related assets for 1-1/2 years, foreign investors are returning to the market now the U.S. government has a key stake.

Headlines often focus on big discoveries or major new sources for crude oil. This can obscure the fact that as much as 20 percent of the Nation's crude oil production comes from marginal-volume stripper wells. Oil stripper wells generally produce from reservoirs that are approaching the end of their commercial lives and are typically operated by smaller independent companies. By definition, oil stripper wells are those that produce no more than 15 barrels of oil equivalent per day over a twelv...

General Motors Co said on Wednesday it has hired Hyundai Motor Co's highly regarded former marketing chief in the fourth shake-up of GM's sales organization since the automaker exited bankruptcy.

Athletic gear giant Nike Inc expects its revenue to rise more than 40 percent to $27 billion by 2015, helped by demand for its namesake athletic merchandise and fast-growing brands like Converse, the company said on Wednesday.

No. 1 U.S. homebuilder PulteGroup Inc posted a far narrower-than-expected quarterly loss on Wednesday, but shares fell as orders fell short of Wall Street's expectations.

U.S. stocks slipped on Wednesday on worries that Greece's debt crisis could spread to other euro zone nations, but losses were capped as investors looked for bargains a day after a hefty sell-off.

Nike Inc expects its revenue to rise more than 40 percent to $27 billion by 2015, helped by demand for its namesake athletic merchandise and fast-growing brands like Converse, the company said on Wednesday.

U.S. stocks fell for a second day on Wednesday as Greece's sovereign debt crisis spread and Moody's Investors Service warned Portugal could be next to have its debt downgraded.

U.S. gold futures dropped to a one-week low on Wednesday as investors opted for cash to cover equities losses, but the risk of contagion spreading in the euro zone beyond Greece provided support to prices, traders said.

U.S. private employers added 32,000 jobs in April, roughly in line with expectations, and revised data showed an unexpected rise in March jobs.

U.S. schools and childcare programs could be required to include daily exercise as part of the new National Physical Activity Plan released on Monday.

British insurer Prudential Plc fueled worries over its planned $35.5 billion acquisition of AIG's Asian unit as a last-minute regulatory delay forced it to put on ice its bumper cash call.

Demand for loans to buy U.S. homes raced to a seven-month high last week in the last hurrah for federal homebuyer tax credits that ended April 30, Mortgage Bankers Association (MBA) data showed on Wednesday.

No. 1 U.S. homebuilder PulteGroup Inc posted a far narrower-than-expected quarterly loss on Wednesday due to lower land charges and said it expects to record a profit for 2010 overall.

British insurer Prudential Plc fueled worries over its planned $35.5 billion acquisition of AIG's Asian unit as a last-minute regulatory delay forced it to put on ice its bumper cash call.

No. 1 U.S. homebuilder PulteGroup Inc posted a far narrower than expected quarterly loss on Wednesday and said it expects to record a profit for 2010 overall, as the housing market pulls out of a brutal downturn.

Wall Street was set for a lower open on Wednesday as continued jitters about Greece's sovereign debt crisis and its potential to spread overshadowed data showing jobs growth in the U.S. private sector.