NEW YORK (Reuters) – Wall Street wrapped up its best quarter in a year on Thursday with the S&P and Nasdaq logging in the biggest monthly gains since April 2009, as data showed the economy isn’t in such bad shape.
Pennsylvania’s top environmental regulator says the state will sue a Houston-based drilling company unless it agrees to pay nearly $12 million to extend a public water line to at least 18 residents whose water wells have been contaminated with methane gas.
Stocks ended a monthlong rally on a weak note, but still chalked up the best September in 71 years.
Léo Apotheker succeeds Mark V. Hurd, who resigned after an investigation into sexual harassment allegations.
Léo Apotheker succeeds Mark V. Hurd, who resigned in August after an investigation into sexual harassment claims.
Robert Dudley says BP is coming back from a near-death experience caused by the oil spill in the Gulf of Mexico.
SAN FRANCISCO (Reuters) – Hewlett-Packard Co on Thursday named former SAP chief executive Leo Apotheker as its new CEO and president.
Midwest corn farmers who received official letters from bankrupt ethanol producer VeraSun Energy Corp. asking for money back can breath a little easier.
NEW YORK (Reuters) – Wall Street wrapped up its best month since April 2009 on Thursday as data showed the economy isn’t in such bad shape.
WASHINGTON (Reuters) – Federal Reserve Chairman Ben Bernanke said on Thursday the U.S. economic recovery remains disappointingly slow with unemployment too high.
Fiat has its owns means if it decides to seek a majority stake of Chrysler, and has no intention of selling its Ferrari unit to raise funds, the chief executive said Thursday.
Financial markets have been „very unfair” to Portugal, forcing the country to adopt more stringent economic measures than the government wanted, Prime Minister José Sócrates said Thursday.
The broader market was on track to end the third quarter with one of its strongest three-month performances in a year.
Powerful energy companies on Thursday blamed subsidies to oil and natural gas companies for damaging the ability of the clean-energy industry to recover from the economic slowdown.
The recession had already quieted the construction boom in Moscow, but its future suddenly became an open question when the Russian president abruptly fired Yuri Luzhkov.
A bankruptcy judge has approved the sale of Philadelphia’s two largest newspapers to creditors.
The Securities and Exchange Commission on Thursday charged two former employees at State Street Bank & Trust Co. with misleading investors about their exposure to subprime investments.
The fate of a vote by Dollar Thrifty Automotive Group Inc. shareholders was still unclear Thursday afternoon as a special meeting on a buyout offer from rival Hertz Global Holdings Inc. dragged on.