Business

British bank Barclays Plc (BARC.L) breached a derivative agreement with a Black Diamond Capital Management unit and must return an estimated $297 million in collateral to the hedge fund, a divided New York state appeals court ruled on Thursday. Barclays...

Billionaire investor Carl Icahn said he would withhold his shares of Apple Inc from a $150 billion buyback that he has proposed for the iPhone maker. "There is nothing short-term about my intentions here," Icahn wrote in a letter to...

The number of Americans filing new claims for unemployment benefits fell less than expected last week, but a lingering backlog of applications in California makes it difficult to get a good read of labor market conditions. Initial claims for state...

U.S. stocks opened little changed on Thursday as investors grappled with a host of corporate earnings and muddled economic data. The Dow Jones industrial average .DJI was up 22.73 points, or 0.15 percent, at 15,436.06. The Standard & Poor's 500...

Factories in China boosted production this month, but U.S. manufacturing output fell for the first time in four years while the euro zone economy lost momentum, surveys on Thursday showed. The data suggested the world economy is still facing speed...

Ford Motor Co (F.N) boosted its full-year global profit outlook on Thursday, as its European picture brightened and stronger overseas operations sparked better-than-expected third-quarter results. The No. 2 U.S. automaker now expects 2013 pretax profit to top last year's $8...

The dollar pulled back from an eight-month low and shares began cautiously on Tuesday as investors awaited delayed U.S. jobs data, half suspecting that this month's acrimonious budget tussle in Washington will have diluted their value. Many in the markets...

China's central bank may tighten policy moderately as inflation creeps up, relying on money-market liquidity adjustments rather than blunt tools such as interest rate rises, a policy adviser to the central bank said on Tuesday. Market expectations are growing that...

Whirlpool Corp (WHR.N) said its quarterly profit more than doubled as the company's cost cutting efforts paid off. Net income available to the world's largest appliance maker rose to $196 million, or $2.42 per share, in the third quarter from...

U.S. chemical maker DuPont's (DD.N) third-quarter revenue rose 5 percent in part due to higher sales of solar panel parts and performance materials. Revenue rose to $7.74 billion from $7.39 billion a year earlier. Net income rose to $285 million from...