In the Midwest, Obama seeks his own economic help

Seeking some help from rural America, President Barack Obama on Tuesday implored Iowans to share ideas with him about how leaders can give an economic […]

Nordstrom’s 2Q earnings up 20 pct on strong sales

Nordstrom Inc. said its annual anniversary sale and wealthy shoppers’ demand for its shoes, makeup and designer clothing helped its second-quarter net income rise 20 […]

Finnair in Q2 net loss of $33 million

Finnair PLC has reported a second-quarter net loss of $33 million (euro23million) as the airline was hit by high fuel costs, the Fukushima disaster and […]

MEMC agrees to buy solar developer, profit soars

MEMC Electronic Materials Inc. bolstered its SunEdison solar business by agreeing to pay up to $238.5 million for the U.S. assets of Spain’s Fotowatio Renewable […]

Critics of Murdoch hope scandal dampens appetite for acquistion

For long-suffering shareholders of News Corp., there may be a silver lining in the phone hacking scandal: a chastened Rupert Murdoch.
A sort of real-life Citizen […]

Cyprus ministers resign ahead of Cabinet reshuffle

Cyprus’ Cabinet resigned on Thursday in preparation for a reshuffle aimed at addressing an economic and energy crisis caused by a blast that knocked out […]

New IMF chief urges U.S. to increase its debt limit

WASHINGTON

World stocks gain on hopes Europe debt woes easing

World stock markets edged higher Tuesday as investors welcomed signs that French banks could give Greece more breathing room on its debt, although worries about […]

Oil prices rise ahead of Fed’s economic forecast

Oil prices are rising ahead of an updated economic forecast from the Federal Reserve.
Benchmark oil for August delivery rose 55 cents to $94.72 per barrel […]

Fiat to buy remaining US stake in Chrysler

Italian automaker Fiat says it intends to buy the U.S. government’s remaining 6 percent stake in Chrysler.
Chrysler would be free of U.S. government ownership if […]