- A former SAC Capital Advisors trader, set to go on trial next month on insider trading charges, wants to cite in court some 2012 testimony given by the hedge fund's founder Steven Cohen, claiming it rebuts the government's case.
- Exclusive: Mexico energy reform draft spans profit-sharing to licenses
- China to probe use of foreign currency in trade finance
- WTO overcomes last minute hitch to reach its first global trade deal
- BP investors lose bid for class status in Gulf spill case
- Libya lost $7 billion to oil strikes, must find new buyers
Recent Business News
NEW YORK - U.S. companies are sounding the alarm on fourth-quarter earnings, lowering profit estimates just as the stock market is poised to end its best year since 1998.
MILAN - Italian businessman Antonio Percassi said on Saturday he will subscribe to troubled airline Alitalia's capital increase for 15 million euros ($21 million) through his Odissea holding company.
FRANKFURT - Germany's ThyssenKrupp is holding on to its Steel Europe business, a company spokesman said on Saturday, responding to speculation that a sale could help its current restructuring efforts.
STOCKHOLM - One of the three Americans who won this year's Nobel prize for economics said bloated public deficits on both sides of the Atlantic meant that recession remained a real risk for 2014.
Today's jobs report showed that the US economy added 203,000 jobs in November, and the unemployment rate fell to 7.0% for the first time since recession.