House prices, consumer confidence dive

Consumer sentiment slid to a 16-year low in June while house prices suffered record annual drops in April, according to data Tuesday that suggested […]

Corporate Express accepts $2.7B Staples offer

AMSTERDAM–The Dutch office supplies distributor Corporate Express NV accepted a sweetened buyout offer Wednesday of about $2.7 billion from U.S. office supplies retailer Staples […]

U.S. to keep currency pressure on China

WASHINGTON–Treasury Secretary Henry Paulson says the administration intends to keep pursuing a policy of "robust engagement" with China that will include filing unfair trade […]

U.S. gasoline prices slip

NEW YORK – U.S. retail gas prices fell slightly today – the first time in 18 days they haven't risen to a new record […]

Oil drops below $118 a barrel

Oil prices fell Tuesday amid expectations that a supply disruption in Britain would soon be resolved and as the U.S. dollar strengthened against the […]

Little-known lawyer to lift UBS out of abyss

Putting UBS back on its feet would be a daunting task even for somebody with more banking experience than little-known lawyer Peter Kurer, its […]

TSX closes over 14,000

The Toronto stock market ended the day up almost 250 points today, boosted by record oil prices and strong commodity prices, as well as optimism […]

Novartis to buy Alcon for $38B

GENEVA – Switzerland's Novartis AG said Monday it will spend about $39 billion (all figures U.S.) in a two-step bid for a majority stake […]

Fire risk prompts GM auto recall

DETROIT–General Motors Corp. is recalling more than 228,000 Buick Regal and Pontiac Grand Prix sedans in the U.S. and Canada over a risk they could […]

Gas, oil prices advance to record highs

NEW YORK – Gas and oil prices jumped again to new highs today as the U.S. dollar weakened, although crude's advance was limited by […]