Business news

Chevron Corp., the second largest U.S. oil company, announced on Tuesday that it would cut 2,000 jobs this year amid challenging market conditions.
The company […]

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On the eve of President Barack Obama’s winter health-care summit, Rep. Paul Ryan is dining at Talay Thai, a no-frills restaurant with metal chairs […]

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Billionaire Warren Buffett said the U.S. residential real estate slump will end by about 2011, predicting that’s how long it will take demand for […]

OTTAWA—Statistics Canada says new motor vehicle sales decreased to 124,764 units in November, down six per cent from October, on weaker sales across all of […]

Suffolk Construction is acquiring northern Virginia’s Dietze Construction in a deal that will increase the Boston firm’s presence in the hot Washington, D.C., market and […]

Target Corp. said late Friday it has bought Smith & Hawken’s brand name and some of the upscale garden store chain’s intellectual property.
The Minneapolis-based retailer […]

WASHINGTON–The number of newly laid-off workers filing claims for unemployment benefits dropped unexpectedly last week, a sign the job market is healing as the […]

Among most-admired companies in Silicon Valley today, there is Apple Inc., Google Inc. and everyone else.
That’s what results show from the most recently completed weekly […]

The Bank of Japan has reduced the yen’s volatility with its new 10 trillion yen ($113 billion) program aimed at stabilizing interest rates, signaling […]

Australian companies are cautious and their investment plans show they expect difficult economic conditions to continue in 2010, Treasurer Wayne Swan said today.
Company […]