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 […]

Consumer Comfort Increases to Highest Level Since 2008 - Bloomberg

Consumer confidence climbed last week to the highest level since April 2008 as Americans grew less pessimistic about their finances.
The Bloomberg Consumer Comfort […]

Spain’s Tougher Rules on Capital to Provide Boon for IPO Bankers, Lawyers - Bloomberg

Spain’s decision to force lenders to meet stricter capital rules or risk state ownership will provide a boon to bankers and lawyers helping them […]

Roche full-year profit up slightly, outlook weaker

Swiss drug maker Roche Holding AG reported a small 4 percent rise in full-year net profit on Wednesday, as currency swings and severance pay depressed […]

Egypt turmoil rattles Middle East stock markets

Investors nervous about instability gripping Egypt drove Middle Eastern stocks down sharply Sunday as markets reopened following a weekend of violent protests.
The losses, led by […]

Apple delivers

Apple eased worries Tuesday over the departure of co-founder and CEO Steve Jobs with an earnings report that crushed Wall Street forecasts on better-than-expected holiday […]