New fighting breaks out in Libyan capital

A gunbattle erupted between revolutionary forces and Moammar Gadhafi supporters Friday in the heart of the Libyan capital for the first time since the longtime […]

WSJ accused of unorthodox boost to circulation

The Guardian newspaper reported Wednesday that it had seen emails and documents showing that The Wall Street Journal funneled money through third parties to a […]

Greek debt haircut seen exceeding 60 percent

Greece’s bondholders may have to settle for a cut of more than 60 percent in what Athens owes them, the head of the eurozone’s finance […]

Sinopec agrees to buy Daylight Energy for $2.2B

China’s Sinopec International Petroleum Exploration and Production Corp. has agreed to buy Canadian oil and gas company Daylight Energy Ltd. for about $2.2 billion Canadian […]

Apple co-founder Wozniak says he’ll miss Jobs

Steve Wozniak, who started Apple in a Silicon Valley garage with Steve Jobs in 1976, said he’ll miss his fellow co-founder “as much as everyone.”
“We’ve […]

Ford to pay workers $6,000 bonus in new contract

Ford Motor Co. will pay its U.S. factory workers a $6,000 signing bonus as part of a four-year contract deal reached with the United Auto […]

BofA settlement pushes up home default notices

It’s no secret that Bank of America wants to put its mortgage-related woes behind it. But it appears that a key $8.5 billion settlement with […]

Unemployment rates rose in majority of states

Unemployment rates rose in a majority of states in August for a third straight month, further proof that job growth is weak nationwide.
The Labor Department […]

Stocks open higher ahead of talks on Greek debt

Stocks are opening higher ahead of a meeting on Greece’s debt troubles.
The leaders of France, Germany and Greece are scheduled to meet later Wednesday to […]

Unions take bankruptcy action against Saab

Two Swedish trade unions filed bankruptcy petitions Monday against Saab Automobile, pressuring the troubled automaker to present a viable funding solution or face collapse within […]