- A Nevada official says a go-slow approach helped recoup $50 million in state funds that some feared was lost when investment firm Lehman Brothers filed for bankruptcy during the Great Recession.
Household Wealth Hits Record Americans' wealth hit the highest level ever in the second quarter amid a rise in stock and home prices, prompting consumers to ramp up their borrowing—a development that could boost the economic recovery.
Jobless Claims at Second-Lowest Level in 14 Years The number of new applications for unemployment benefits dropped last week to near postrecession lows, the latest indication layoffs are trending sharply lower amid generally improving economic conditions.
Fed Plots Cautious Course on Rate Hikes The Federal Reserve took two steps toward winding down the historic easy-money policies that have defined its response to the financial crisis but stopped short of the move markets are awaiting most: signaling when interest rates will start to rise.
U.S. Inflation Gauge Falls Consumer prices fell in August, the first monthly decline for the inflation measure since April 2013, a reading that could lend support to some Federal Reserve policy makers who are seeking to move slowly in lifting ultra-low interest rates.
US Business News
Ellison to Step Aside at Oracle Oracle said its longtime leader, Larry Ellison, will step aside as CEO but take over as chairman of the business-software giant. Mark Hurd and Safra Catz were named co-CEOs.
Glaxo Guilty of Bribery in China GlaxoSmithKline said a Chinese court found its subsidiary in the country guilty of bribery, and fined the company close to $491.5 million, in what Chinese state media said was the largest ever corporate fine.
Boeing Faces a Future Without Fighter Jets Aerospace giant Boeing is preparing to shift away from fighter jets as orders dry up, leaving a company with a rich military history without a fighter and ceding the market to Lockheed.
Alibaba Shares Surge on First Day Alibaba shares surged in their market debut Friday, making the Chinese e-commerce giant one of the most valuable companies in the U.S.
Home Depot Breach Bigger Than Target's Home Depot said 56 million cards may have been compromised in a five-month attack on its payment terminals, making the breach much bigger than the holiday attack at Target.
Siemens Preps Bid for U.S. Firm Siemens is preparing a multibillion-dollar offer for U.S. energy firm Dresser-Rand, according to people familiar with the matter, likely edging out an earlier offer from Swiss rival Sulzer.
Business Leaders Relieved After Vote British business leaders said they were relieved that Scotland voted to stay in the U.K., after weeks of warning that a vote for independence could result in huge obstacles for firms operating there.
SAP to Buy Concur Technologies SAP has agreed to buy Concur Technologies, a provider of expense-management software, in a deal valued at about $8.3 billion.
Vivendi to Sell GVT to Telefónica French media and telecom conglomerate Vivendi said it would sell its Brazilian unit GVT to Spanish telecom giant Telefónica in a deal valued at around $9.3 billion.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or email@example.com.