Putin Rips U.S. Over Spy Arrests

Russia's Putin criticized U.S. law enforcement, even as his government acknowledged that...

Nike's Quarterly Profit Jumps 53%

Nike's fiscal-fourth-quarter profit climbed 53% after year-earlier restructuring charges...

Investments That Crank Out Cash

Virtually no advisers suggest clients go all in on assets like, say, pipeline partnerships or Asian dividend stocks..

BP Amasses Cash as Costs Mount

BP has taken new steps to bolster its cash and available credit..

Goldman Told to Pay Creditors

Goldman Sachs Group Inc. was ordered to pay $20.6 million..

Sun Deal Gives Oracle a Boost

Oracle's quarterly profit jumped 25%, aided by resurgent business spending on technology and the addition of Sun Microsystems...

Hasbro in Early Talks on Buyout

Private-equity firm Providence Equity Partners has held preliminary talks with Hasbro, one of the world's largest toymakers...

Hackers Aren't Only Threat to Privacy

Sophisticated hackers aren't the only ones gaining access to sensitive data on the Internet. A large amount of personal information is being left exposed...

More homeowners drop out of Obama mortgage program

The Obama administration's flagship effort to help people in danger of losing their homes is falling flat…

Business Rallies to Shape Finance Endgame

Caterpillar Inc., Cargill Inc. and the municipal utility of Sacramento, Calif., were largely bystanders in the financial crisis.

Kevin Costner's Company Hired to Help BP Oil Spill Clean-Up

Hollywood star Kevin Costner announced plans on Friday to begin using a dream machine that would aid in the Gulf Coast clean-up by separating up to 200,000 gallons of oily water each day.

SEC Probes Crisis Deals by Fund

Hedge fund Magnetar Capital is a focus of an SEC investigation into mortgage deals that led to Wall Street losses. The fund had input into certain collateralized debt obligations.

BP: $20 Billion Drop In A Very Large Bucket

BP holds enough oil in its reserves to single-handedly supply the United States for two years. It has little debt for a company of its size and makes more money than Apple and Google combined...

Apple Cites Record iPhone Sales

Apple said it took pre-orders for more than 600,000 of its new iPhone 4 on its first day of availability, amid strong demand that overwhelmed computer systems. AT&T said it was suspending pre-orders...

BP Chairman Svanberg Takes Center Stage

Carl-Henric Svanberg, the low-key BP chairman, will step into the spotlight Wednesday when he confers with President Obama about the massive offshore oil spill.

Bailout firms pay nearly all back taxes owed to US

Companies receiving money from the government's Wall Street bailout have repaid almost all the $531 million in unpaid federal taxes they owed when they entered the program, a government in...

Downturn Drags More Consumers Into Bankruptcy

The economy’s deep troubles are pushing a growing number of already struggling consumers into bankruptcy, often with far more debt than those who filed in previous downturns...

New Concern: Deflation

Reports on retail sales and consumer sentiment, while backward looking as most economic reports are, offered a sneak preview to the upcoming Consumer Price Index report for May - and the picture may not be pretty.

BP takes a beating: but investors warming up to company's shares

While the people who run BP may be the most loathed Britons since Jack the Ripper, some investors are warming to the company's beaten-down shares…

Weak US retail sales data hits World Stocks

World stocks were weighed down Friday by news of an unexpected drop in U.S. retail sales, which suggests the recovery in the world's largest economy is slower than expected...

BP shares down 47% since disaster struck

David Cameron risked the wrath of the City today when said he sympathized with the frustration of the White House at the "environmental catastrophe" in the Gulf of Mexico...

Is the iPhone 4 enough to hold Apple's lead?

When Apple launched its first iPhone three years ago, the smart phone landscape was a very different place. Most of the devices were aimed at business users, weren't very easy to use and were limited in capabilities.

U.S. stocks' pullback reaches 15% on key indexes

After Monday’s decline, the average New York Stock Exchange stock now is down 15.7% from its April peak, as measured by the NYSE composite index. The index is down 4.1% just since the end of May.

The End? Private Equity Group in Dubai Faces Closure

The country's attempts to build an overseas investment empire to rival Europe could soon come to an embarrassing end....