Business News

NEW YORK (Reuters) - Holders of $450 million in American Airlines bonds plan to ask a U.S. bankruptcy judge for an order to help ensure they get paid, claiming that the 143 planes that are collateral for their investment...

WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke trekked to Capitol Hill on Wednesday to tutor Senate lawmakers on the economic dangers of the looming "fiscal cliff," the nearly $600 billion in planned spendi...

(Reuters) - Contract talks between the Canadian Auto Workers (CAW) and General Motors Co were "bogged down" on Wednesday on plant-specific issues, a CAW official said, making a quick breakthrough on an overall deal unlik...

Last week, a House committee led by U.S. Rep. Sam Graves (R-Mo.) ? a pilot himself and an advocate for general aviation ? heard from a panel of industry witnesses about the impact of a proposed $100-per-leg tax on turbin...

A Florida woman is suing a pair of mother-daughter millionaire matchmakers after she paid their firm $45,000 for dating services and was set up with...

Shares of G-III Apparel Group Ltd. (GIII - Snapshot Report) hit a 52-week high of $37.92 on September 14, following a solid fiscal second-quarter report that included an earnings surprise of 85.7% and an enhanced outlook...

(Reuters) - Adobe Systems Inc, maker of Photoshop and Acrobat software, reported a quarterly profit in line with estimates but missed revenue expectations due to currency effects.

Franklin Templeton announced today that it will buy a majority stake in K2 Associates, a hedge fund of funds manager with $9.3 billion in assets under management. According to ValueWalk, the stake is valued at around $18...

Stocks continued to ride the QE-wave on Wednesday as housing data indicated a recovery may be in site.  While risk assets benefited and the U.S. dollar weakened, crude oil was the odd one out, tanking for the third ...

Four years ago, then-17-year-old David Gilbert-Pederson made headlines as the youngest delegate at the Democratic National Convention. Time Magazine published a picture of him in...

HTC, the Taiwanese handset maker that was the first manufacturer to support Google’s Android software, is pushing another underdog: Microsoft’s Windows Phone software.

PARIS (Reuters) - The aircraft leasing industry has hit back at criticism from its lenders over the way it values hundreds of billions of dollars of passenger jets in an obscure dispute that could hit the pockets of air ...

Shares of Group 1 Automotive Inc. (GPI - Snapshot Report) have been trading near their fresh 52-week high of $61, hit on September 13, driven by solid second quarter results, accretive acquisitions and a marked recovery ...

In the leaked video that has caused serious turmoil for the Mitt Romney campaign this week, the Republican presidential nominee said 47 percent of people...

Earnings momentum for KCAP Financial, Inc. (KCAP - Snapshot Report) has been strong following its second quarter results, sending this private equity firm to a Zacks #1 Rank (Strong Buy). The stock also hit its 52-week h...

At New York University?s 179thCommencement exercises in May 2011, former President Bill Clinton warmly addressed the exuberant graduates, but also warned them of the inevitable realities of debt. He emphatically stated t...

Two new studies published in the Journal of the American College of Cardiology offer hope but not, yet, compelling evidence to support less burdensome requirements for dual antiplatelet therapy (DAPT) after drug-eluting ...

PORTLAND, Ore. — An effort to build a sleek aluminum charging dock for the iPhone generated fervor online when it was announced last December. The...

FRESNO, Calif. -- A hockey game promotion poking fun at America's largest bankrupt city has caused a tiff between fans and newspaper columnists in California's...

I confess I?m a pretty great cook.  A dinner party at our home is an event, and invariably somebody says:  ?You?re an amazing chef!?  I always correct them, and explain the difference.

The European Commission said it was prepared to drop its investigation after Apple and four publishers agreed to let retailers sell e-books at a discount for two years.

Deutsche Bank today got slapped with a retaliation lawsuit after terminating a seasoned vice president who last year sued the Bank for gender discrimination, saying she was "mommy-tracked" for taking maternity leave.