Retailers are counting on time-crunched shoppers to swarm stores on Super Saturday, but a heavy winter storm threatened to strand them at home on the final weekend before Christmas.
A federal jury in Texas on Friday ordered BP Plc to pay $100 million to 10 workers who were sickened by a 2007 chemical release at its Texas City refinery.
Bargain-hunting shoppers are poised to flood U.S. stores on Super Saturday, but severe winter weather is threatening the East Coast and could limit turnout on what was shaping up to be the most important weekend for holiday sales.
A federal court judge sentenced a Florida man to three years in prison on Friday for threatening to kill President Barack Obama in an email that said The blood of Obama will run down the streets.
A U.N. summit is considering a target of limiting global warming to a maximum 2 degrees Celsius, backed by a new fund of $100 billion a year to aid developing nations, according to a draft text pulled together on Friday morning hours before world leaders met.
Santa came early for Wall Street this year by delivering a 22 percent return for 2009, and with just a handful of trading days to go, stock investors aren't expecting to find much more under the tree.
More U.S. workers, hoping to make ends meet in the recession, have turned to direct selling, but revenues are not keeping pace with growth in the sales force.
Former Bank of America Corp (BAC.N) Vice Chairman Gene Taylor is putting together a fund to invest in U.S. banks after a bid to inject capital into a small Florida bank fell apart, sources familiar with the matter said.
Morgan Stanley Chief Executive John Mack is forgoing a year-end bonus for the third straight year, he said in a memo obtained by Reuters, putting pressure on other Wall Street CEOs to follow suit.
Obama's remarks following Copenhagen -- Full transcript
U.S. copper futures ended in
positive territory on Friday, recovering from an earlier slide
to one-week lows with chart-based buying and firmer outside
market support outweighing the bearish impact of a rising
dollar.
Swiss watchmaker, Tag Heuer, announced Friday its decision to downscale the use of Tiger Woods on their ads following the revelations of his alleged extramarital affairs.
General Motors Co said it would begin shutting down its money-losing Saab brand after last-ditch talks to sell it to a small Dutch sports car builder collapsed on Friday.
Verizon Wireless is set to roll out the Palm Pre early next year and is reported to be also making upgrades to its network to accommodate the Apple iPhone, according to media reports released Friday.
China's largest hotel operator has world-class aspirations and is betting that the U.S. is fertile ground for expansion.
A computer hacker briefly hijacked Twitter.com on Thursday, redirecting users to a website and claiming to represent a group calling itself the Iranian Cyber Army.
Swiss watchmaker Tag Heuer said on Friday it would not use Tiger Woods, who has admitted to marital infidelity, in its advertising in certain markets to respect the golfer's desire for privacy.
U.S. President Barack Obama has invited Chinese Premier Wen Jiabao for another bilateral meeting to discuss outstanding issues on a U.N. climate change agreement, the White House said in a statement.
The solar industry needs $2 billion to expand next year, but with Wall Street still nervous about backing risky and capital intensive ventures, companies are looking beyond to boutique banks and other sources of funding to avoid falling behind.
Carnival Corp & Plc , the world's largest cruise ship operator, reported a 48 percent drop in quarterly profit on Friday because of lower ticket prices, and shares fell 3 percent as it forecast profit for the current quarter below Wall Street estimates.
The White House said that world leaders had reached a meaningful agreement that would pave the way towards multi-laterally combatting global climate change.
U.S. President Barack Obama reached agreement with major developing powers on a climate deal on Friday, a U.S. official said, but he said the accord was only a first step and was insufficient to fight climate change.
