News and Finance

Advanta Corp, a small business credit card lender, on Sunday said it filed for bankruptcy protection after the economic crisis over the last two […]

The U.S. Senate’s top Democrat and top Republican each voiced support on Wednesday for extending a soon-to-expire $8,000 tax credit for homebuyers, but left […]

Lenovo, the world’s fourth-biggest personal computer maker, expects a boost in its PC sales from the launch of Microsoft’s new operating system, Windows 7, […]

Liabilities at Japan Airlines Corp would exceed its assets by as much as $8.8 billion if Asia’s largest airline by revenues were liquidated, a […]

When Richard Clark was named CEO and president of Merck in 2005, the drug behemoth was reeling in the wake of the Vioxx scandal, […]

Julius Baer, bulking up in its home market, has agreed to buy the Swiss private banking assets of Dutch financial services group ING for […]

Insurance risk assessment specialist Verisk Analytics Inc VRSK.O on Monday set the terms of its initial public offering, saying it expects the offering to […]

China’s economy will be able to achieve a growth target of 8 percent this year, but the country should not rest on its laurels […]

General Motors agreed to sell a 55 percent stake in Opel to a group led by Canada’s Magna after months of fraught negotiations that […]

OPEC ministers meeting in Vienna this week were expected to keep supply targets intact and instead rely on hoped-for economic growth to sustain oil […]