BP's report on its investigation into the Deepwater Horizon disaster will apportion some of the blame to itself but also hold other companies responsible for the various decisions that led to the explosion.
For American business, it's a two track economy, with global players getting big boosts from fast-growing foreign markets, while companies focused on the U.S. are hemmed in by recession-scarred consumers.
A surging yen is encouraging third-party websites to jump in with deep discounts on high-end luxury goods in Japan, where high-end retailers have been able to charge premiums for decades.
The president’s decision not to extend tax cuts for the rich adds a populist twist to an election-season economic package designed to entice support from big businesses and their Republican allies.
As food and consumer-goods companies face problems obtaining the key ingredient palm oil without damaging the environment, Unilever is betting on a promising low-life alternative: algae.
Global banking regulators appear poised to demand larger reserves, which they believe will prevent a future financial crisis, and reserves of higher quality, under so-called Basel 3.
The U.S. Treasury added Iran-owned, German-based European-Iranian Trade Bank to its key blacklist, saying the bank has provided a financial lifeline to Iranian companies involved in weapons proliferation.
Insurers plan to raise premiums on some Americans as a direct result of the health overhaul as soon as next month, complicating Democrats' efforts to trumpet their signature achievement ahead of elections.
SEC Chairman Mary Schapiro said the agency is looking at a practice others have called "quote stuffing" to assess whether it violates "existing rules against fraudulent or other improper behavior."
Barclays confirmed investment-banking boss Robert E. Diamond Jr. will become the U.K. bank's chief executive next spring, as officials tried to dispel the notion the move represented a fundamental shift.
GIC, Singapore's sovereign wealth fund, is in advanced talks to buy a roughly 15% stake in Banco BTG Pactual, one of Brazil's top investment banks, for about $2.4 billion.
