Business torrents

Nine months ago, a historic meeting was breaking up in the ballroom of a Secaucus, N.J., hotel. Anheuser-Busch shareholders had just agreed to sell […]

Intel Corp. raised its third-quarter revenue forecast above Wall Street’s expectations Friday, citing strong demand for its chips and giving another signal that business […]

The implosion of the housing market in the United States started a chain reaction that led to the global economic downturn.
But there are strong hopes […]

General Motors Co. appears determined to sabotage its survival prospects by clinging to a global empire when it should be focusing on a comeback in […]

Canadian bank earnings, due out this week, are expected to hit bottom this quarter amid significant loan losses due in large part to the declining […]

JACKSON, Wyoming – Federal Reserve Chairman Ben Bernanke declared Friday that the U.S. economy is on the verge of a long-awaited recovery after enduring […]

It was a long shot to think that a neophyte U.S. president, before celebrating the first anniversary of his inauguration, could radically transform the notoriously […]

Capital One Financial Corp’s U.S. credit card defaults and delinquencies rose in July, as Americans kept losing jobs and struggled to pay their debts.
In […]

OTTAWA–Statistics Canada says new auto sales slipped 0.6 per cent to 119,961 units in June, mostly because of lower passenger car sales.
The agency […]

Citigroup Inc energy trader Andrew Hall is proposing to modify his contract in an effort to avoid a confrontation with the Obama administration’s pay […]