Business torrents

Hewlett-Packard announced a major board of directors shuffle Thursday, with four members stepping down and five new directors joining the board.
The move comes […]

The head of the European Union’s bailout fund says he sees no chance that the debt crisis that has forced the rescue of Greece and […]

With the departure of top economic adviser Larry Summers, President Obama has a chance to deflect a big criticism often lobbed against his inner […]

Unemployment statewide rose slightly in August even as jobless figures fell a bit in the Bay Area.
Statewide, unemployment was 12.4 percent in August, up from […]

Editor's note: This story also will appear in MBJ's Sept. 3-9 print edition, available to subscribers Friday. Be sure to check out our print edition […]

Outgoing BP chief executive Tony Hayward is defending his leadership of the company in the aftermath of the oil rig explosion that killed 11 […]

The Pittsburgh-area’s unemployment rate eased in June, falling three-tenths of a percentage point to a seasonally adjusted 8.3 percent, the Pennsylvania Department of Labor and […]

A confidential settlement has been reached in what may be the largest construction defect lawsuit in Oregon history.
The case was filed Aug. 8, 2008 in […]

Universal Stainless & Alloy Products, Inc. named Douglas M. McSorely vice president of finance, chief financial officer and treasurer effective July 19, the company said […]

In its latest move in the e-reader wars, Amazon slashed the price on the supersize version of its Kindle by more than $100 on […]