Recent Business News
- JPMorgan Chase & Co will create 1,000 jobs and retain over 2,600 workers in Jersey City, and invest more than $76 million in New Jersey under a state tax credit program.
- Health insurer Humana Inc and buyer Aetna Inc set fees to be paid in the event of a failure of the largest deal in the health insurance industry.
MADRID - Spanish power group Iberdrola will set out a new proposal for its $3 billion takeover of U.S. firm UIL Holdings , the two companies said on Tuesday, as they seek to address objections raised by a Connecticut antitrust watchdog.
NEW YORK - U.S. crude oil futures steadied on Tuesday after falling sharply a day earlier on worries about Greece's indebtedness and China's stock market losses, although charts indicated renewed selling could push prices into bear market territory.
NEW YORK - Jon Corzine and other former MF Global Holdings Ltd officials have reached a $64.5 million settlement of litigation brought by investors seeking to hold them liable for the now-defunct futures brokerage's 2011 bankruptcy.