U.S. copper futures lost more than 3 percent of their value Thursday morning as prices continued to correct further away from the psychological $3.00 a lb level amid a broader sell-off in the industrial metals complex.
The U.S. commercial paper market expanded for a fourth straight week for the first time since December, adding to signs of an economic rebound as the global financial crisis continued to abate, Federal Reserve data showed on Thursday.
U.S. emissions of carbon dioxide, the main greenhouse gas blamed for global warming, should fall 6 percent in 2009 as the recession curbs electricity demand, the government forecast on Wednesday.
A U.S. bankruptcy judge ordered Semgroup, its creditors and suppliers to mediation on Wednesday in hopes of keeping the oil and gas services company on track to emerge from bankruptcy in November.
The U.S. government should consider a trust for its stake in General Motors Co and Chrysler to ensure independent oversight and facilitate an exit strategy, a congressional watchdog found on Wednesday.
A climate bill in the U.S. Senate would cost leading U.S. refinery Valero Energy Corp between $6 billion and $7 billion per year in its current form, the company's CEO said on Wednesday.
If Congress creates a cap-and-trade system to control carbon emissions, futures and cash trading should be under U.S. regulation with no exceptions, the top U.S. futures regulator said on Wednesday.
Swiss bank Julius Baer started moves to list its U.S. asset management arm Artio in New York, cashing in on higher equities markets to provide a timely boost for its acquisition war chest.
The U.S. Federal Communications Commission needs to make improvements in several areas, including cyber security, as it prepares to deal with national emergencies, top officials said on Tuesday.
Tepid demand for mortgage refinancing slowed the early repayment of most U.S. bonds backed by home loans in August, with the spring rush having run its course and unlikely to resume without new record low mortgage rates.
Danish industrial enzymes producer Novozymes, which is pinning big hopes on producing enzymes for biofuels, said it expected U.S. bioethanol production to hold up well in the second half of this year.
The dire economy appears to have made Americans less materialistic, with a poll showing most people would choose items from discount retailer Wal-Mart over luxury jeweller Tiffany's trademark blue boxes.
Every Thursday night, Lonnie Bishop and Lisa Case have a dinner date. For $5 each, the couple dines on fancy hot dogs served from a food truck parked outside their favorite wine shop in Los Angeles.
Banks in the United States need higher capital than they currently have, Alan Greenspan, former chairman of the Federal Reserve told a Mumbai conference via satellite on Monday.
Shares in Asia rose on Monday after U.S. data showed a slowdown in layoffs, while Chinese shares extended gains on hopes that Beijing will pull out more policy tools as needed to support its volatile stock market.
Blank-check company Orbit Acquisition Corp withdrew its filing for an initial public offering on Friday, citing market conditions in a letter to U.S. regulators.
The number of rigs drilling for natural gas in the United States rose two this week to 701, the seventh straight weekly gain after sinking in mid-July to the lowest level in more than seven years, according to a report on Friday by Baker Hughes in Houston.
Investment bank Barclays Capital has shifted its trading of U.S. Northeast carbon allowances to its London desk after a trader in New York left the company, the bank's head of environmental markets said.
The United States confirmed on Friday it has received a confidential World Trade Organization ruling in its multibillion-dollar complaint against European government support for Airbus.
China's largest online game firm Shanda Interactive plans to raise as much as $800 million in a U.S. IPO for its games unit, to help it monetise its core business as it seeks to become a diversified media company.
Oil ticked up above $68 a barrel on Friday in relatively thin dealing as investors awaited jobs data from the United States to provide some insight into the health of the world's top economy.
CHICAGO - Brazilian meat giant JBS would likely get U.S. antitrust approval if it decides to buy U.S. chicken producer Pilgrim's Pride even though the already concentrated American meat market would lose yet another player.
