The U.S. Supreme Court will decide whether investors must prove that misinformation from Amgen Inc. propped up its stock price before they can pursue a class-action stock-fraud suit against the world’s largest biotechnology company.
The U.S. Supreme Court refused to let convicted terrorism conspirator Jose Padilla sue former Defense Secretary Donald Rumsfeld and other officials over torture he said he suffered while in military custody.
In mid-January, sales managers in Wells Fargo & Co.’s mortgage unit, the largest in the United States, gathered at a hotel south of San Francisco dressed as cowboys, six shooters strapped to their hips.
The U.S. government budget deficit widened in May, as spending jumped 31.3 percent from the same month a year ago.
Down the back stairs of the clubhouse kitchen, on a plot lost among the expanse of tightly trimmed fairways and greens, weeks-old food is buried under a tarp and mulch and left to decompose.
Stocks staged one of their strongest rallies of the year Tuesday, erasing a big decline from the day before, after a Federal Reserve official said he supported more measures to stimulate the economy.
June 12 (Bloomberg) -- Starbucks Corp. will give the same attention to its food as it has to beverages, which has made it the world’s largest coffee-shop operator, Chief Financial Officer Troy Alstead said.
As investors question just how much Facebook is worth, a study from Internet research firm comScore suggests that marketing on the world's most populous online social network can help increase sales.
New York City's Board of Health signaled strong support Tuesday for the mayor's plan to fight obesity by banning the sale of large, sugary beverages at local restaurants.
General Motors is making progress in restructuring its money-losing European operations and holding constructive talks with German labor unions, CEO Dan Akerson told shareholders on Tuesday.
Verizon Wireless, the nation's largest cellphone company, is dropping nearly all of its phone plans in favor of pricing schemes that encourage consumers to connect their non-phone devices, like tablets and PCs, to Verizon's network.
and a bacon sundae.
June 12 (Bloomberg) -- Enrollment in U.S. government-backed Medicare plans run by insurers led by UnitedHealth Group Inc. rose 10 percent to a record this year as lower premiums enticed people to sign up, a study shows.
Jodi Miller likes her coffee as much as anyone, but she admits to feeling guilty idling her car with a half-dozen others at a coffee shack on a residential street corner.
Here’s a question to consider as Congress prepares to grill JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon this week: Will the bank’s $3 billion (and growing) trading loss change anything on Wall Street?
Two years after passage of the Dodd-Frank financial reform law, how are we doing putting in place crucial provisions, including a way to control systemic risk?
Since the failure of the effort to recall Wisconsin Gov. Scott Walker, a curious meme has been slithering through the commentariat: Public-employee unions are down and out.
June 12 (Bloomberg) -- Oil fell a fourth day after Saudi Arabian Oil Minister Ali al-Naimi said OPEC may need a higher output limit and the U.S. issued more exemptions from sanctions on buying Iran’s crude, cutting the risk of supply disruption.
Former Republican U.S. Sen. Larry Craig of Idaho was sued Monday by federal election regulators who contend he misused some $217,000 in campaign funds for his legal defense after his arrest in a 2007 airport bathroom sex sting.
FactSet Research Systems Inc. said Tuesday that its fiscal third-quarter profit rose 11 percent on higher revenue both in the U.S. and overseas.
June 12 (Bloomberg) -- Paychex Inc. and FedEx Corp. may provide an early read on how the economic expansion is faring when they release quarterly results later this month.
June 12 (Bloomberg) -- Wells Fargo & Co., the biggest U.S. home lender, didn’t set out to become No. 1 and is just serving the needs of customers, according to Chief Financial Officer Timothy Sloan.
June 12 (Bloomberg) -- Former Goldman Sachs Group Inc. director Rajat Gupta rested his defense to federal insider- trading charges without testifying or being allowed to play wiretapped recordings that his lawyer called “substantial” to his case.
June 12 (Bloomberg) -- U.S. oil inventories fell the most in almost five months as refineries ramped up production to meet summer demand, alleviating a glut that was the largest in 22 years, a Bloomberg survey showed.
Once a rite of passage to adulthood, summer jobs for teens are disappearing.
June 12 (Bloomberg) -- HomeAway Inc., an online vacation- rental service, fell to a record low after ITG Investment Research issued a report expressing concern about the company.
June 12 (Bloomberg) -- Google Inc. faces a renewed probe from the U.K. privacy regulator over how its Street View service gathered personal data, according to a letter sent by the U.K. Information Commissioner’s Office to the company.
June 12 (Bloomberg) -- Berkshire Hathaway Inc.’s Omaha World-Herald unit agreed to buy the Bryan-College Station Eagle from closely held Evening Post Publishing Co. as Warren Buffett expands his bet on newspapers.
Britain's data regulator has reopened its investigation into Google's Street View, saying that an inquiry by authorities in the United States raised new doubts about the disputed program.
The new head of Bayer AG's U.S. operations will take over July 1, but will be based in Whippany, N.J., not the American subsidiary's headquarters in suburban Pittsburgh.
June 12 (Bloomberg) -- A California trial over Hewlett- Packard Co.’s claims that Oracle Corp. broke a contract when it decided last year to stop developing software for some Hewlett- Packard servers was paused for a second day.
California voters will decide in November whether to require special labels for foods that contain genetically modified ingredients.
June 12 (Bloomberg) -- Oil rose from an eight-month low on speculation that policy makers will do more to stimulate the economy and on expectations that U.S. inventories dropped.
June 12 (Bloomberg) -- Gold declined for the first time in three days in New York, dropping with other commodities on concern a bailout of Spanish banks will fail to contain the euro-region debt crisis.
June 12 (Bloomberg) -- The following is a selection of the most important news affecting the oil market.
June 12 (Bloomberg) -- Wheat rose on speculation that dry weather in the U.S. will erode crop yields, spurring the government to cut its domestic production outlook today.
June 12 (Bloomberg) -- Confidence among U.S. small businesses held in May near a 14-month high as more companies projected the economy will improve, a survey found.
June 12 (Bloomberg) -- European policy makers will raise the matter of the U.S. budget deficit at a meeting of world leaders in Mexico as they try to deflect a focus on the financial crisis in Europe, a German government official said.
June 12 (Bloomberg) -- Copper was seen falling in New York on concern a 100 billion-euro ($125 billion) bailout of Spanish banks will fail to contain the euro-area debt crisis.
June 12 (Bloomberg) -- U.K. stocks were little changed as gains in British American Tobacco Plc and Unilever Plc offset concern that the Spanish bank bailout won’t halt the debt crisis.
June 12 (Bloomberg) -- U.S. corn inventories before the harvest in 2013 may jump to a three-year high after a surge in planting and record yields boosted production, the government said.
June 12 (Bloomberg) -- U.S. soybean inventories before this year’s harvest will be less than forecast a month ago as export demand increased after drought cut production in South America, the government said.
June 12 (Bloomberg) -- Cotton output in the U.S., the world’s top exporter, will be unchanged from May’s estimate for the 2012-2013 year, the government said.
June 12 (Bloomberg) -- Global wheat stockpiles as of June 1, 2013, will be 1.3 percent lower than forecast a month ago as drought curbs production in countries including Russia and the U.S., the world’s biggest exporter, the government said.
June 12 (Bloomberg) -- Daimler AG will offer an AMG version of the Mercedes-Benz A-Class compact to attract younger customers in an effort to boost sales of the high-performance brand by 50 percent.
June 12 (Bloomberg) -- Bankruptcy judges can’t rule on so- called fraudulent-transfer suits by the liquidator of Bernard L. Madoff’s brokerage under the U.S. Constitution, defendants said in a brief to U.S. District Judge Jed S. Rakoff in New York.
United Technologies is attempting to raise $1 billion to help finance its purchase of aerospace parts manufacturer Goodrich Corp.
June 12 (Bloomberg) -- Adnan Ebrahim was blogging about cars alongside his university studies until Volvo Cars invited him last year for a test drive. The hobby has now turned into a full- time job, as luxury-auto makers work to reach new buyers.
Berkshire Hathaway's newspaper division is acquiring a small Texas paper in the home of Texas A&M University.
Warren Buffett's Berkshire Hathaway Inc. is offering to buy the mortgage division and loan portfolio of Residential Capital LLC, which filed for bankruptcy protection in May.
Eli Lilly is expanding a partnership with Novast Laboratories, a Chinese company that manufactures specialty and generic drugs.
June 12 (Bloomberg) -- P.F. Chang’s China Bistro Inc. is selling $300 million of debt to help finance its acquisition by Centerbridge Partners LP, according to a person familiar with the transaction.
A group of New York City pension funds is suing current and former Wal-Mart executives, saying they mishandled an alleged bribery scheme at the world's largest retailer.
Democrats are hoping that late campaign appearances by former Rep. Gabrielle Giffords will help push her hand-picked successor to victory in a special congressional election in Arizona.
June 11 (Bloomberg) -- The U.S. Supreme Court declined to buttress the rights of Guantanamo Bay inmates, rejecting seven appeals from prisoners being held at the American military base in Cuba.
Voters in the Colorado River casino town of Laughlin are deciding Tuesday whether their community should become a city or remain a distant tourist cousin to much larger Las Vegas, 100 miles away.
Authorities in Las Vegas have identified a 44-year-old construction worker killed when grout exploded in a tunnel at Lake Mead.
Grayish-brown smoke from a large wildfire blamed for killing a woman in her home blanketed the foothills of northern Colorado on Tuesday.
Like any new addition to an office, Dolly had an adjustment period. The hardest part: learning not to bark at the mailman.