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Euro zone gives Greece until Sunday for debt deal

BRUSSELS - Euro zone members have given Greece until the end of the week to come up with a proposal for sweeping reforms in return for loans that will keep the country from crashing out of Europe's currency bloc and into economic ruin. | Video

Recent Business News

JPMorgan to add 1,000 jobs, keep 2,600 in New Jersey

- 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.

7:43pm EDT

Humana, Aetna set termination fees for deal

- 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.

Deals, Health 6:43pm EDT

Iberdrola to file new takeover plan for UIL in Connecticut

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.

2:28pm EDT

U.S. crude slump cools, market awaits inventory data

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.

5:45pm EDT

Corzine, others settle MF Global lawsuit for $64.5 million

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.

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