The U.S. Treasury says it took in a surplus of $113 billion in April, the largest in five years. That lowered the federal deficit through the first seven months of the budget year and kept it on pace to be the smallest since 2008.
Its been called the most exciting 2 minutes in sports. We are talking about the Kentucky Derby which runs on Saturday after 3:00 in the afternoon. Local sports books have extended that two minutes to roughly 48 hours of action.
A new report from the U.S. Environmental Protection Agency has dramatically lowered estimates of how much of a potent greenhouse gas is being leaked by the natural gas industry despite rapid growth in production.
International Game Technology says a strong performance in its earnings for the second quarter has the Nevada-based slot-machine maker confident it will post its fourth consecutive year of double-digit growth.
Factory Deaths Prod Doubts of Fast Fashion Deadly accidents in Bangladesh factories have triggered questioning about the costs of "fast fashion," a design trend pioneered by Spanish labels that relentlessly rotate collections to keep new styles on store racks.
Nokia, HTC Battle Over Patents Nokia filed two new complaints against Taiwanese rival HTC for alleged patent infringement, continuing a battle in the fiercely competitive smartphone market.
Trains Leave Pipeline in Lurch A $2 billion pipeline project intended to ship oil from West Texas's booming oil fields to California has failed to pique the interest of several big refiners in the Golden State. The culprit: the growing popularity of railroads.
Exxon Looks at Papua New Guinea Gas Assets Exxon is in talks with Houston-based InterOil to invest in gas assets owned by the latter in Papua New Guinea, a move that could cement the country's outlook as a new energy exporter.
Google Copies Amazon's Playbook Google increasingly appears to be following Amazon's lead in such services as a new e-commerce site, cloud computing and services for online shoppers.
SAC Executives Subpoenaed The U.S. government issued subpoenas to four senior executives of SAC Capital Advisors who are part of Steven A. Cohen's inner circle, including the firm's president and chief compliance officer.
States' Rift on Taxes Widens Minnesota's move to raise $2.1 billion in new taxes, largely from the wealthy, to fund government programs puts it among a handful of states controlled by Democrats that are adopting more liberal fiscal policies.
AT&T Imposes New Wireless Fee AT&T has added a new monthly administrative fee of 61 cents to the bills of all of its contract wireless lines as of May 1, a move that could bring in more than a half-billion dollars in annual revenue to the telecom giant.