Business torrents

Clear Channel Communications Inc. said Friday that it had dismissed some on-air and off-air staff earlier this week, in a reshaping of its regional and […]

Seesawing expectations of this weekend’s summit of European leaders remained the main driver in markets on Thursday, with investors growing skeptical again about governments’ ability […]

First, a picturesque city park. Next, Canada

Egypt’s transitional military rulers have issued a decree prohibiting all forms of discrimination, including on the basis of religion.
The step comes about a week after […]

PepsiCo Inc.’s third-quarter profit rose 4 percent because of higher prices and strong sales of its snacks and beverages, especially overseas.
Food and beverage companies like […]

Asian stock markets extended a sell-off Tuesday, following a dismal session on Wall Street that was sparked by the revelation that debt-strapped Greece would not […]

With a midnight deadline looming, the Energy Department has approved three more loan guarantees for solar energy totaling about $3.5 billion.
Energy Secretary Steven Chu says […]

Banks have stepped up their actions against homeowners who have fallen behind on their mortgage payments, setting the stage for a fresh wave of foreclosures.
The […]

The real takeaway from President Barack Obama’s jobs agenda?
Workers probably can count on continuing to pay lower Social Security taxes. Employers may not have to […]

Shares of McDonald’s Corp. fell more than 4 percent Friday morning, after the fast-food giant reported a slowdown in emerging markets and missed analysts’ expectations […]