Former Smurft-Stone CEO, Sara Lee executive joining Ralcorp’s board

Patrick Moore, the former chief executive of Smurfit-Stone Container Corp., and Barry Beracha, a former Sara Lee executive, are joining the board of directors of […]

World stocks drop as Italy debt woes brew

World stock markets fell Tuesday amid simmering concerns over whether Italy would ever grow robustly enough to repay its massive debts.
Benchmark crude hovered above $98 […]

Ameren said to reduce role in FutureGen project

The leading U.S. effort to capture carbon dioxide from coal plants has hit a stumbling block that could imperil the project and set back a […]

Moody’s downgrades Cyprus’ top 3 banks

International ratings agency Moody’s on Tuesday downgraded Cyprus’ three most Greece-exposed commercial banks because of what it considers to be the small island nation’s diminished […]

US stock futures lower after week of big gains

U.S. stock futures are falling after a rally that left the Standard & Poor’s 500 index on track for its best month since 1974.
Markets had […]

EU official: banks to take 50pct cut on Greek debt

A European Union official says the currency union’s leaders have reached a deal with banks to take losses of 50 percent of their Greek bonds […]

Nintendo to report struggling first-half earnings

Nintendo Co. reports fiscal first half earnings Thursday that will likely highlight the Japanese game maker’s recent struggles against popular mobile devices such as Apple […]

CFO quits at Thermadyne

Thermadyne Holdings Corp. today said its chief financial officer is quitting to “pursue other interests.”
The company said CFO Steven A. Schumm, who is also chief […]

Occupy Wall Street reaches 1-month birthday

Occupy Wall Street is one-month-old after a weekend of rallies and arrests around the world protesting corporate greed and excess.
Monday marks the one-month mark for […]

US gov’t runs $1.3 trillion budget deficit in 2011

The government ran a $1.3 trillion for the budget year that ended last month, the third straight year it has operated more than $1 trillion […]