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Today's Business Headlines
A gas explosion Monday caused the building to collapse, trapping dozens of laborers, mostly boys aged 14-23, inside. "We just recovered another body. The total death toll is 17 and we have rescued 13 people," ...

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President Mohamed Nasheed, widely credited with ushering in full democracy with a 2008 election win, has for weeks been in a struggle with former president Maumoon Abdul Gayoom, whose 30-year rule was widely seen as ...

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Chief Executive Bob Dudley said BP was ready to settle on "fair and reasonable terms" but added he was also ready to fight. Europe's second-largest oil group by market capitalization added it would end ...

Wolfson loss widens, forecasts weak Q1
February 7th, 2012, 2:29 am
Wolfson, whose audio chips are used in Samsung smartphones and Amazon's Kindle ebook reader, fourth-quarter operating loss was $7.2 million, compared with $1 million, a year ago. Revenue fell 20 percent to $36.9 ...

Hong Kong's maternity wards are booked until September, pressured by the growing number of mainland Chinese seeking to circumvent the one-child policy and gain residency rights in one of the country's wealthiest ...

SAN FRANCISCO (Reuters) - Oracle Corp will head to a retrial against SAP AG over copyright infringement allegations after a U.S. judge slashed a previous monetary award against SAP by over $1 billion. In a court filing ...

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NEW YORK (Reuters) - Facebook's corporate governance rules, which give shareholders little say in how the social networking website would be run as a public company, are raising the hackles of one of the largest U.S. ...

WASHINGTON (Reuters) - Key U.S. senators raised fresh questions about Lockheed Martin Corp's $382 billion F-35 fighter program on Monday as the Pentagon's top weapons buyer underscored deep flaws in the way the ...

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The revolving credit facility replaces a term loan and smaller revolving facility the studio received as part of a pre-packaged bankruptcy in which its lenders exchanged $4 billion in outstanding debt for equity valued ...

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WASHINGTON (Reuters) - Congress went beyond its powers by requiring Americans to buy insurance under President Barack Obama's sweeping healthcare overhaul, opponents told the Supreme Court on Monday in arguing the ...

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