U.S. companies are adding capacity in the U.S., replacing aging equipment and even moving overseas production home, a sign that corporate American could be poises to take a bigger role in the recovery.
Weeks after a woman’s death sentence for illegal fund-raising provoked an outcry online, the arrest of an executive has further sparked public debate over private lending, Caixin Online reports.
Asia markets move higher, with sentiment helped by progress toward a Greek debt deal, and with car makers among the notable gainers after Toyota hikes its outlook.
Hartford Financial Services Group's fourth-quarter earnings fell 79% to $127 million, driven by investment losses and the rising cost of workers' compensation claims. Lincoln National swung to a loss as impairment charges weighed on the life-insurance and annuity company's bottom line.
James Harding, the editor of the Times of London, acknowledged the newspaper misled a British High Court about a 2009 email hacking incident. He sent an apology to the court's judge.
BHP Billiton reported a 5.5% drop in profit and said it expects volatility in commodity markets to persist given Europe's debt crisis and weakness in manufacturing and construction across key markets.
Even as the U.S. continues to run massive trade deficits with China, American soda and fast-food makers are doing their part to even the playing field while relying ever more on that vast market to generate growth.
The media conglomerate’s quarterly revenue comes in below expectations Tuesday evening, while the restaurant chain’s results beat Wall Street’s projections.
Walt Disney Co. said Tuesday that its fiscal first-quarter profit rose 12% due to higher fees paid to its ESPN cable network and improved results at its U.S. theme parks and resorts.
Investors should be hoping the commissioners of the Securities & Exchange Commission give an upcoming report on money-market funds a bad grade, writes Chuck Jaffe.
Kazakhstan believes the international community's first nuclear fuel bank can be up and running on Kazakh soil by late next year, potentially supporting the U.S.'s broader efforts to combat the spread of nuclear weapons.
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