Capital 1 to buy ING Direct USA for $9 billion

Capital One Financial Corp. said Thursday that it will buy ING’s U.S. online banking unit for $9 billion, making it the fifth largest bank in […]

More drivers behind wheel of 4-cylinders

When it comes to cars, four is the new six.
Stung by high gas prices, more Americans are seeking cars that can get 30 to 40 […]

Manufacturing in New York Cools - Bloomberg

Manufacturing in the New York region expanded at a slower pace than forecast in May, showing that surging raw-material costs are hurting confidence.
The Federal […]

Italy’s Draghi May Reach for German Bundesbank Manual When He Leads ECB - Bloomberg

Italy’s Mario Draghi may reach for the German policy manual when he takes the helm of the European Central Bank.
Draghi, 63, will on Nov. […]

House passes huge GOP budget cuts, opposing Obama

In a prelude to a summer showdown with President Barack Obama, Republicans controlling the House pushed to passage on Friday a bold but politically dangerous […]

Stocks poised to rise as oil prices jump again

Stocks are poised to bounce back from losses in the previous session. But rising oil prices and the possibility of a government shutdown over a […]

Probe: Pipe piece caused blowout preventer failure

A federal probe has found that a trapped piece of drill pipe prevented a key failsafe device from properly sealing off the blown oil well […]

Investors cheer dividend increases at large banks

Bank shareholders got a long-awaited gift from the U.S. Federal Reserve on Friday when the central bank cleared the way for major lenders to increase […]

Robert C. Butler dies; longtime banker

Robert Clark Butler, a prominent banker here in the 1990s, died Feb. 22, 2011, in Rancho Mirage, Calif., of complications from Alzheimer’s disease. He was […]

U.S. Consumer Confidence Climbs More Than Estimated to a Three-Year High - Bloomberg

Confidence among U.S. consumers increased in February to the highest level in three years as a drop in unemployment helped overcome concern over rising food […]