News and Finance

Merck & Co Inc announced plans on Monday for a reorganization once its acquisition of Schering-Plough Corp closes later this year, including naming leaders […]

A recent column advocating a fiduciary standard for all financial advisers — meaning always putting the client’s interests first — prompted a spate of […]

Fewer Americans filed claims for jobless benefits last week, another sign the economy is pulling out of the worst recession since the 1930s.
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Airlines carried 11.3 percent less cargo and 2.9 percent fewer people in July than in the same month a year ago, a global industry […]

Oil prices rallied to a 10-month high near $75 a barrel Monday, part of a broad global rally in commodities and equities markets propelled […]

China’s economic growth is likely to stay at 8 percent next year as property and corporate investment and rising exports take up the slack […]

Stocks rallied Thursday, with financial and technology shares spearheading the advance as a report showing surprise growth in the manufacturing sector and gains in […]

U.S. producer prices fell by a larger-than expected amount in July and notched a record decline compared with a year earlier as gasoline prices […]

The rate of U.S. credit card defaults showed signs of stabilizing last month, an indication that American consumers are in better financial shape than […]

Citigroup Inc.’s contract with energy trader Andrew Hall, which reportedly could pay him up to $100 million this year, will not be subject to […]