Exxon to buy XTO in $41 billion deal

Exxon Mobil said Monday it will buy natural gas producer XTO Energy Inc. for $41 billion in a stock and debt transaction.
The world’s […]

RBC Dominion probed in hidden wealth audit

Canada’s largest brokerage firm says it has always acted within the law despite accusations by the Canada Revenue Agency that some of the firm’s […]

Job picture: Signs of improvement

The pace of U.S. job losses slowed in November, according to two reports released Wednesday.
Automatic Data Processing (ADP, Fortune 500), a payroll-processing firm, […]

U.A.E. Central Bank Stands Behind Lenders, Adds Funds

The United Arab Emirates’ central bank said it “stands behind” the country’s local and foreign banks, which face losses from Dubai World’s possible default, […]

Calpers may dump BlackRock as an adviser: source

Calpers, the biggest U.S. public pension fund, is considering dumping asset manager giant BlackRock Inc as one of its real estate investment advisers, a […]

U.S. Fed: Economy perked up from depressed levels

U.S. economic conditions stabilized or improved modestly in most parts of the country, according to a Federal Reserve report on Wednesday that suggested the […]

Toys “R” Us facing antitrust probe: report

Toys “R” Us is facing a U.S. antitrust probe over whether the toy retailer used its market clout to stifle discounting by retail competitors […]

Entrepreneurs create their own recovery

Back in August, Federal Reserve officials suggested that the Great Recession was ending and the U.S. could expect "a gradual resumption of sustainable economic […]

U.S. trade gaps narrows unexpectedly

The U.S. trade gap narrowed unexpectedly in August as oil imports plunged and exports grew for the fourth consecutive month, a U.S. Commerce Department […]

Jobless claims hit 9-month low, retail sales rise

The number of U.S. workers filing new claims for jobless insurance hit a nine-month low last week and retailers reported their first monthly sales […]