U.S. bank earnings reached a more than four-year high in the third quarter, but regulators are warning that the industry faces challenges that include the risk of the European debt crisis washing up on U.S. shores.
(Reuters) - Merck & Co will pay roughly $950 million to settle criminal and civil charges that it promoted the painkiller drug Vioxx for an unapproved use, the U.S. Justice Department said on...
Google Inc has abandoned an ambitious project to make renewable energy cheaper than coal, the latest target of Chief Executive Larry Page's moves to focus the Internet giant on fewer efforts.
LONDON (Reuters) - James Murdoch has resigned from the boards of the companies that publish its British newspapers including the now-defunct News of the World tabloid at the center of the phone...
The U.S. healthcare system is more effective at delivering high costs than quality care, according to a new study that found first-rate treatment for cancer but insufficient...
LOS ANGELES (Reuters) - The Black Eyed Peas have denied rumors that they are breaking up but say they are taking a break from making music together for a while.We are not breaking up, band member...
(Reuters) - The U.S. Federal Reserve plans to stress test six large U.S. banks against a hypothetical market shock, including a deterioration of the European debt crisis, as part of an annual review...
HONG KONG (Reuters) - Germany's SAP AG <SAPG.DE>, the world's biggest maker of business software, is open to acquisitions in Asia and plans to hire more in the fast-growing China and India...
NEW YORK (Reuters) - Stocks fell for a fifth day in a row on Tuesday, having lost more than 5 percent over that period as borrowing costs in Spain hit another record high.The market remains anchored...
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