NEW YORK - Earnings season shifts into high gear next week, and with nearly one-third of S&P 500 names set to post results, investors hope the news provides a catalyst to buy stocks and leave the market's recent weakness in the dust.
- Rajaratnam's brother loses bid to dismiss insider trading charges
- Compensation battle rages four years after BP's U.S. oil spill
- Exclusive: Biogen prices hemophilia drug on par with older therapies
- VW to keep adding Chinese capacity amid double-digit growth
- AMR loses bid to terminate retiree benefits
Recent Business News
LONDON - The amount of money Amazon.com Inc reports through a tax-exempt vehicle in Europe has dropped sharply in the past two years, even as European sales jumped, after the U.S. tax authority tightened rules it felt were being abused to shift profits.
RIO DE JANEIRO - Brazil´s federal police have opened an investigation into former billionaire Eike Batista for financial crimes, including insider trading, manipulation of markets and money laundering, Brazilian media reported on Friday.
SAN FRANCISCO - Four large technology companies should not be allowed to limit evidence about Apple Inc co-founder Steve Jobs at an upcoming trial over no-hire agreements in Silicon Valley, according to a court document filed late on Thursday by employees suing the firms.
- Plaintiffs' lawyers are seeking to draw Continental Automotive Systems U.S., the maker of airbag systems in recalled General Motors Co vehicles, into litigation over an ignition-switch defect that has been linked to 13 deaths.
Diversification may be helping to smooth out volatility in Goldman's FICC revenue, but it's smoothing out a decline.