MARKETS / FINANCE

In a letter obtained by IBTimes, Rhode Island Treasurer Gina Raimondo justifies pension investment secrecy to protect hedge fund managers.

In most countries, the creation of electricity leads to the biggest source of water consumption

The New Jersey governor wants to cut retirement benefits, but a new study says pensions boost the economy.

The U.S. Government Accountability Office called for legislative change to curb tax-avoidance by tobacco companies.

Amazon's move comes a day after Flipkart, India's largest online retailer, raised $1 billion from investors.

A high-stakes dispute over a tanker carrying $100 million in Iraqi Kurdish crude took a surprising turn on Tuesday when a U.S. judge said she lacked jurisdiction given the ship's distance from the Texas shore and urged that the case be settled in Iraq.

The lawsuit names a total of 658 plaintiffs, including 29 who are bringing claims on behalf of people who died.

Experts say that Whole Foods' Q3 earnings report will likely be disappointing, but they believe the company's long-term outlook is more promising.

Americans are borrowing more than ever before to buy new cars. That’s good for the industry — for now.

Unpaid credit card bills, medical bills and utility bills all contribute to past-due debt, according to a new report from the Urban Institute.

Skymark was supposed to get hold of its first A380 at the end of this year, but the plane's delivery was expected to be delayed.

The company has said previously that the sourcing switch could cause many of its 3,100-plus stores to run out of chicken products.

Time is running out for Argentina to pay "holdout" investors suing Latin America's No. 3 economy for full payment on their bonds.

BP said that to date, sanctions had not had a significant effect on its business in Russia.

Many local governments in Italy have reportedly taken several international banks to court for losses incurred on complex derivatives products.

Biocon's stock fell for a second day after the company announced that Q1 earnings were hit by conflicts in the Middle East and North Africa.

With Dollar Tree-Family Dollar merger, consumers could see even bigger discounts.

Microsoft Corporation shares fell over 1 percent on Monday after a report said the Chinese government made a surprise visit to its offices.

New research foretells how the interaction between warming temperatures and air pollution will harm staple crops.

One of the world's largest airlines will no longer fly over Iraq, amid concerns that ISIS militants may have ground-to-air missiles.

The company, known for mood lighting and wi-fi and comfortable leather seats even in economy class, offers flights to 22 cities in the United States and Mexico.

Dollar stores have struggled in a weak U.S. economy.

President Barack Obama has criticized companies for harming the U.S. economy by “cherry-picking the rules” to avoid taxes.

The aviation insurance industry is now looking at its largest annual loss since the 9/11 attacks.

First gold, now silver. A new lawsuit accuses top banks of rigging the daily silver benchmark price.

A federal judge on Saturday overturned Washington D.C.'s ban on carrying handguns outside the home, saying it was unconstitutional.

Family members of those killed on the Air Algerie flight that crashed in Mali were taken to the wreckage to grieve on Saturday as French President Francois Hollande announced three days of mourning.

Israel's security cabinet approved extending the humanitarian ceasefire begun early on Saturday until midnight local time (1700 EST) on Sunday, an Israeli government official said.

The mayor of the central Ukrainian town of Kremenchuk was shot dead on Saturday and the house of another mayor in Lviv to the West was hit by fire from a grenade launcher, the Interior Ministry said.