A federal judge on Wednesday threw out a so-called "whistleblowers'"lawsuit that accuses insurance companies of overbilling the federal government for Hurricane Katrina's flood damage to Louisiana homes.
Electronics retailer Best Buy Co. failed to pay employees for thousands of hours they spent undergoing security searches and working through breaks, according to a lawsuit filed Wednesday.
Smithfield Foods Inc. filed a civil racketeering lawsuit Wednesday against the United Food and Commercial Workers union, which for more than a decade has waged an outspoken campaign to organize workers at the company's massive hog slaughterhouse in rural North Carolina.
Beset with lukewarm attendance, The Walt Disney Co.'s California Adventure theme park will be getting a major overhaul, the company said, replacing themes meant to attract adults with ones based on Pixar animated movies and closer ties to Walt Disney.
Leaders of Brazil, India and South Africa said the struggling global trade talks were at a critical stage and should not be held hostage by "disproportionate"demands of richer nations.
Hynix Semiconductor Inc. said Thursday third-quarter profit fell a sharp 56 percent on a failure to achieve expected cost reductions and a slump in memory chip prices.
A gauge of future economic activity edged higher in September, suggesting the U.S. economy may trudge forward at a modest pace despite a worsening housing slump.
President Hu Jintao gave the longest public speech of his political life this week, dwelling at length on the Communist Party's social goals but spending little time on the economy. Hours later, the Shanghai stock market's key index hit a new high.
A government agency that owns a stake in Aeromexico, one of Mexico's largest airlines, said it has accepted a US$249 million (?175.35 million) takeover bid for the carrier by an investment group led by Citibank Inc.'s Banamex unit.
EBay Inc. reported a third-quarter net loss of more than $936 million (?659.15 million) ?a rare plunge into the red for the e-commerce juggernaut caused by previously announced charges to its Skype telecommunications division.
Landless activists used tractors to block a Brazilian iron ore export railway owned by global miner CVRD on Wednesday, leaving the company unsure when it will be able to resume shipments of the key ingredient used to make steel.
The Securities and Exchange Commission is examining stock sales of the chief executive of Countrywide Financial Corp., America's largest mortgage lender, according to a person familiar with the matter.
