Weekly wages for rank-and-file workers fell because companies reduced the average length of the workweek.

Reuters - China is committed to revamping its foreign exchange regime and further relaxing its capital account controls, central bank governor Zhou Xiaochuan said on Saturday.

Jane Friedman, the president and chief executive of HarperCollins Publishers, is credited with inventing the author tour.

The United States attorney's office in Manhattan is investigating individual traders on the floor of the New York Stock Exchange on suspicion of cheating customers through illegal trading practices.

Previously undisclosed Merck documents show that it was poised to begin a study of Vioxx in 2002 but abruptly dropped the project just before it was set to start.

Facing cuts in retiree medical and dental benefits, many older people are returning to work to support themselves.

The resignation of Carleton Fiorina was an ignominious end to an effort to shake up a slow-moving corporate culture.

Merck staged a long-running campaign to enlist the support of doctors for Vioxx, to 'neutralize' them, as documents put it.

Eason Jordan, a senior executive at CNN, resigned on Friday night, citing a tempest he touched off during a panel discussion at the World Economic Forum in Davos.

The admission by Armstrong Williams that he was paid $240,000 to promote the administration’s education initiative has roiled the public relations industry.

The deal, expected to be announced today, would end the independence of MCI, the nation's second-largest long-distance company.

Most expect that the recent mergers, including Verizon's acquisition of MCI, could prompt a fine-tuning of existing rules.

The Kyoto Protocol, which requires 35 nations to cut their greenhouse gas emissions, takes effect on Wednesday amid worries about its fairness.

But the Fed chairman expressed unease that the change could lead to trillions of dollars in additional government borrowing.

These are heady days on Capitol Hill for business lobbyists, as the House of Representatives completes a law to restrict class-action lawsuits.

The decision to stop granting options comes at a time when many companies that happily doled out options to employees during the last boom are reining in their use.

McDonald’s new focus on fresh fruits and vegetables is making the company a major player in the American produce industry.

Federal tax deductions that people receive for paying local and state taxes have quietly started to vanish for many households.

Novartis plans to buy Hexal of Germany and its affiliate Eon Labs of New York for $8.4 billion in cash, creating the world's biggest maker of generic drugs.

Crude oil prices rose to their highest level in nearly four months on Tuesday, jumping above $51 a barrel, on concerns that OPEC might curb supplies.

The exporting of jobs is now spreading to a crown jewel of corporate America: the medical and drug industries.

Reuters - A U.S. judge on Thursday dismissed Russian oil company YUKOS' U.S. bankruptcy case, saying the issue belonged in a forum that included the participation of the Russian government.

Reuters - China will gradually open its capital account in 2005, another step in its plan to make the yuan currency fully convertible, state television said on Saturday, quoting the country's foreign exchange chief.

Reuters - It's confession time for U.S. companies that overpaid for past acquisitions.

Reuters - Oil prices climbed for a sixth day on Monday, driven higher by cold weather in the United States and forecasts of low temperatures in the coming 10 days that would severely draw on already low stocks of heating fuels.