US Business
Updated: 1 hour 46 min ago
Fri, 05/21/2010 - 19:40
The promise of stricter oversight by a beefed-up SEC, amid seismic changes in Wall Street regulation, is rattling fund bosses more than ever, industry participants say.
Fri, 05/21/2010 - 18:17
British Airways, Lufthansa and Air France-KLM said they found no evidence of volcanic ash in their engines since skies were reopened last month, but smaller airlines reported incidents.
Fri, 05/21/2010 - 18:04
The economic-relief package that Democrats introduced this week proposes significant new taxes on a wide range of businesses, from Wall Street and Main Street to oil rigs in the Gulf of Mexico.
Fri, 05/21/2010 - 17:36
Burger King won dismissal of part of a lawsuit brought by franchisees over the $1 double cheeseburger promotion, but a court will hear arguments on whether the company acted inappropriately in implementing the deal.
Fri, 05/21/2010 - 16:39
GM reached a labor deal considered critical to the restructuring of its ailing Opel unit in Europe but continues to face uncertainty in its bid for German state aid.
Fri, 05/21/2010 - 16:23
Goldman Sachs and the SEC aren't close to reaching a settlement that would end the fraud lawsuit against the company and trader Fabrice Tourre.
Fri, 05/21/2010 - 15:36
Abbott Laboratories will buy Piramal Healthcare's healthcare solutions business for a total of $3.72 billion, boosting its presence in India.
Fri, 05/21/2010 - 15:06
President Barack Obama ordered his administration to begin the process of setting future environmental regulations for cars and light trucks, beginning what could be a monthslong battle among car companies, environmentalists and the state of California.
Fri, 05/21/2010 - 14:10
Belgian bank KBC has sold its Luxembourg-based private-banking subsidiary KBL European private bankers to India-based Hinduja Group for $1.69 billion.
Fri, 05/21/2010 - 14:06
Dish Network backed off its plan to remove The Weather Channel from its system overnight, and its subscribers continued to have access to the network on Friday.
Fri, 05/21/2010 - 13:37
Federal regulators suggest the mobile wireless market has become more concentrated and may not have enough competition, laying the groundwork for possible new regulations.
Fri, 05/21/2010 - 13:34
Financial-services legislation approved by the Senate must be improved to address several issues that could adversely affect mutual funds and their investors, the industry's trade group says.
Fri, 05/21/2010 - 13:20
The Senate approved the most extensive overhaul of financial-sector regulation since the 1930s, hoping to avoid a repeat of the financial crisis that hit the economy starting in 2007.
Fri, 05/21/2010 - 13:06
Facebook, MySpace and several other social-networking sites have been sending data to advertising companies that could be used to find consumers' names and other personal details.
Fri, 05/21/2010 - 12:54
Two years after buying French business newspaper La Tribune, Alain Weill has given away a 78% stake to its managing director for a single euro, plunging the paper's future into question.
Fri, 05/21/2010 - 12:47
A Hon Hai employee died after plummeting from a building at the company's manufacturing complex in Shenzhen, China, which has been rocked by a wave of suicides.
Fri, 05/21/2010 - 11:18
Tesla Motors is partnering with Toyota to make electric cars at a recently shuttered auto plant in Fremont, Calif., in a deal that also involves Toyota putting $50 million into Tesla.
Fri, 05/21/2010 - 09:36
Apple is making headway in its fight against Adobe as some companies shift away the Flash video and animation technology.
Fri, 05/21/2010 - 09:25
Ann Taylor posted a fiscal-first-quarter profit as the clothing retailer benefited from growth in same-store sales.
Fri, 05/21/2010 - 08:37
British Airways swung to a net profit for its full fiscal year thanks to cash-flow hedges, but stripping out these gains it recorded a loss of $612 million amid a decline in air travel and the cost of ongoing industrial action.