Business

Contracts to purchase previously owned U.S. homes rose to their highest level in 1-1/2 years in February, a sign the lackluster recovery in the U.S. housing market could be accelerating. The National Association of Realtors on Monday said its pending...

Yahoo Inc (YHOO.O) and Microsoft Corp (MSFT.O) agreed to extend by 30 days the deadline to re-negotiate a ten year search deal, as the two Internet companies attempt to revamp a thorny partnership crafted by former chief executives. The search...

Google Inc said it would pay its new Chief Financial Officer, Ruth Porat, more than $70 million through a combination of restricted stock units and a biennial grant. The company hired Morgan Stanley CFO Porat as its finance chief earlier...

RadioShack Corp's rescue deal to keep 1,740 stores open was attacked on Thursday by the bankrupt retailer's top creditor, a failed bidder who called the auction a sham and sought a new sale. RadioShack, which filed for bankruptcy last month,...

Bank of America Corp will not hold a shareholder vote on its decision to reunite the roles of chairman and chief executive officer, according to the bank's proxy statement filed on Thursday. The Charlotte, North Carolina-based bank had been asked...

The United States is concerned about China's restrictions on the use of foreign information technology equipment by the banking sector, according to a filing published by the World Trade Organization on Thursday. U.S. business groups have already complained about the...

Brent oil prices firmed on Wednesday as business morale in the euro zone's top two economies improved, offsetting concerns about oversupply that has filled fuel storage tanks around the world. Germany, Europe's largest economy, saw business morale rise for the...

U.S. stock index futures were little changed in light volume on Wednesday ahead of industrial orders data, with deals indicating investors still see value in the market despite indexes trading near all time highs. * Equity traders have kept an...

BEVERLY HILLS, March 24, (THEWILL) – Delta State Governor, Dr. Emmanuel Uduaghan, has said that the international community cannot be exonerated from the criminality of crude oil theft in Nigeria. Speaking Tuesday at the inauguration of 30 gunboats procured by...

SAN FRANCISCO, March 24, (THEWILL)  –  The Nigerian Communications Commission (NCC) and five major telecommunications companies have been ordered to pay the All Progressives Congress (APC), Nigeria’s main opposition political party, the sum of N500 million naira ($2.2m), following...