Recent Business News
WASHINGTON - U.S. regulators on Tuesday asked for more time to react to a complaint by MetLife over their decision to subject the insurer to tougher oversight, and requested a judgment in the lawsuit early next year.
NEW YORK - Oil rebounded on Tuesday as Israeli Prime Minister Benjamin Netanyahu warned the Obama administration against accepting a weak nuclear deal with Iran, while rival Libyan forces targeted oil terminals in the African nation.
- U.S. retailer Target Corp on Tuesday said it planned to cut several thousand jobs, mainly from headquarters locations, as part of a restructuring that will cut $2 billion in costs over two years.
- Best Buy Co Inc , the largest U.S. consumer electronics chain, on Tuesday reported higher-than-expected quarterly earnings on a strong holiday season and said it would buy back stock for the first time since 2012. | Video
DETROIT - For the second year in a row, ferocious winter weather slowed U.S. vehicle sales in February, causing the major automakers to miss analysts' bullish projections. | Video
By the numbers: Measuring U.S. aid to Israel since 1949