BP Plc bosses weathered a week of anger in Washington but the energy giant's financial outlook faces renewed scrutiny from investors trying to gauge remaining costs and risks from the biggest oil spill in U.S. history.
Web.com Group Inc said it agreed to acquire privately-held domain name registration provider Register.com for $135 million, in a deal that will immediately add to the online marketing company's adjusted earnings.
Top competitors are expected to distance themselves from BP Plc on Tuesday as normally clubby oil industry executives gather for a Capitol Hill grilling on the worst oil spill in U.S. history.
A pilots' strike at Spirit Airlines prompted the carrier on Monday to extend flight cancellations through mid-week, with shares of rivals moving higher on prospects of more business.
Privately held Spirit Airlines said on Sunday it has canceled flights for the next few days as a pilots' strike continued.
Pilots at Spirit Airlines went on strike on Saturday after U.S.-mediated contract talks failed to reach an agreement, a small-carrier stalemate that could influence workers at bigger carriers.
Goldman Sachs Group Inc's mounting legal and regulatory woes stemming from the firm's sale of subprime mortgage-linked securities are turning into gold for a growing number of lawyers in New York and Washington.
U.S. regulators seized three more troubled banks on Friday, including TierOne Bank of Lincoln, Nebraska, ticking up the total so far this year to 81 failures.
U.S. stocks could face further pressure next week unless investors get some relief from worries about Europe, jobs and the toll they might take on the economic recovery.
Actor and environmentalist Robert Redford has weighed in on the U.S. oil spill crisis, condemning efforts by major energy companies to promote their environmental credentials and use their money to influence their parrots in Congress.
(Corrects title of NRDC in paragraph 2)Actor and environmentalist Robert Redford has weighed in on the U.S. oil spill crisis, condemning efforts by major energy companies to promote their environmental credentials and use their money to influence their parrots in Congress.
Here are developments in the Gulf of Mexico oil spill, the largest in U.S. history:
BP Plc hit a snag in its latest effort to curb the Gulf of Mexico oil spill as the British energy giant's shares stabilized on Wednesday and parts of the huge oil slick threatened Florida.
BP Plc hit a snag in its latest effort to curb the Gulf of Mexico oil spill as the British energy giant's shares stabilized on Wednesday and parts of the huge oil slick reached neighboring states.
Foreclosures for sale continue to rise in Florida as more homeowners default on their home loans.
Summers are filled with ice cream and picnics, swimming pools and festivals, and this year the festivals are bigger and more spectacular than ever before.
President Barack Obama will meet with the leaders of a panel he created to probe the worst oil spill in U.S. history on Tuesday, as a giant slick from BP's blown-out Gulf of Mexico well poses a new threat to the coasts of Mississippi and Alabama.
Oil from BP's out-of-control Gulf of Mexico oil spill could threaten the Mississippi and Alabama coasts this week, U.S. forecasters said on Monday, as public anger surged over the country's worst environmental disaster.
U.S. mortgage finance enterprises Fannie Mae and Freddie Mac , seized by the government during the financial crisis, will continue to sustain losses on mortgages as house prices drop, their regulator said in testimony made public on Tuesday.
British Petroleum (BP) on Monday said the cost of cleaning up the mammoth Gulf of Mexico oil spill had hit around $760 million so far. In a statement issued here, the oil giant said it was too early to put a figure on the ultimate bill as lawsuits continue to flood in and as cash was pumped in to efforts to halt the leak and minimize the environmental toll.
It's not easy to balance on a two-legged stool, but the heads of some big U.S. industrial companies might need to try that stunt again.
General Electric Co expects to tell shareholders by the end of this year it is ready to raise its dividend as well as resume share buybacks, and return to profit growth in 2010, its CEO said.