Business news

IBM Corp. is standing by its surprisingly strong 2009 guidance, backing a $9.20-per-share profit forecast on momentum in emerging markets and services and software […]

First-time claims for U.S. unemployment benefits unexpectedly rose last week and total benefit rolls soared to a record high, a sign companies may keep […]

The U.K. economy contracted the most since 1980 in the fourth quarter as the financial crisis prompted spending by consumers and companies to shrivel. […]

Citigroup Inc. is in discussions with regulators about a plan for the federal government to take a larger ownership stake in the bank, according […]

An estimated 4 million Americans have lost their health insurance since the recession began, and as many as 14,000 people could be losing their health […]

NEW YORK — In theater superstition, a bad dress rehearsal is supposed to foretell a good opening night.
If so, the U.S. might […]

Air Canada, which lost more than $1 billion last year, could be flying into the heart of a financial storm as a weak economy continues […]

Jeffrey Romoff, who heads the region's biggest hospital network, has voluntarily cut his annual compensation by more than 25 percent as the University of Pittsburgh […]

Bank of England Governor Mervyn King should print money now and abandon economic assumptions that have failed to save the U.K. from its worst […]

Consumer borrowing fell for a third straight month in December, the longest stretch in 17 years, as households cut spending amid a steep recession […]