Business torrents

Ford Motor Co. said Friday it will sell $500 million in common stock to pay off debt at its financing arm, according to a […]

New Zealand's economy probably contracted in the second quarter, pushing the nation into its first recession in 10 years, according to the Treasury Department. […]

Texas oilman T. Boone Pickens told Congress Tuesday that the government must act quickly to curb the nation’s dependence on foreign oil.
"Our country is […]

NEW YORK–Lehman Brothers Holdings Inc. shook up its management yesterday, removing two top executives in a concession that attempts to quell Wall Street anger […]

Gold is still being dug out of the ground at the Kumtor mine in Central Asia but its operator, Toronto’s Centerra Gold Inc. is […]

DETROIT–General Motors Corp. said Friday the nearly three-month strike at parts supplier American Axle and Manufacturing Holdings Inc. will cost the automaker about $1.8 […]

LONDON – Imperial Tobacco Group PLC said Tuesday its profit sank 45 percent in the first half and it plans to raise $9.6 billion (all […]

Perhaps investors in BCE Inc. are finally becoming accustomed to setbacks.
The phone giant’s stock, which has been oscillating wildly in recent months because of fears […]

NEW YORK–Retail gas prices set new records Friday on their seemingly relentless march toward $3.50 a gallon, and diesel prices pushed further above $4 […]

CALGARY–Ice conditions have forced Husky Energy Inc. to suspend oil production at its 140,000-barrel-per-day White Rose oil field in the North Atlantic off Newfoundland.
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