Record earnings for Exxon, the world?s largest publicly traded oil company, have become routine as the surge of oil prices in recent years has filled its coffers.

As G.M. and Ford burn through their reserves and slash more costs to try to stay afloat, the future looks tenuous.

Reuters - Verizon Communications Inc and two big unions kept talking after a labor contract covering 65,000 workers expired on Saturday and the unions said they made progress toward a deal, averting a strike threat.

Infuriated by hard-line tactics used by SAG leaders in contract talks with studios, a less militant collection of actors has started a campaign to take over the guild.

Byetta, an injectable drug that lowers blood sugar, may help people with diabetes to live longer, according to the results of a major clinical trial.

Even with the recent sharp drop in oil prices, they remain so high that experts are predicting that heating bills this winter will far exceed those of last year.

Sprint Nextel, the troubled No. 3 wireless carrier, lost nearly a million customers in the second quarter. But the company says it lost some of them on purpose.

A study of civil lawsuits has found that most of the plaintiffs who decided to pass up a settlement offer and went to trial ended up getting less money.

Housing continues to pull down the economy, but some say the pain is ending. Are they right?

Sudan is capitalizing on high global food prices at a time when millions there barely have enough to eat.

Water companies in England and Wales submit their proposed five-year price plans to the regulator for approval.

Prosecutors say their own informant stole millions of credit card numbers in a case that reveals how the Internet is enabling new crimes on a vast scale.

Until securitization revives, many experts say that borrowers seeking mortgages, student loans and car loans will continue to see interest rates rise.

Another month of weak retail sales in July added to evidence that the spending power of American consumers has weakened considerably.

The cost of living is rising at the fastest rate since the recession of the early 1990s, handing a de facto pay cut to the American worker.

A federal judge rejected a settlement involving the mortgage lender, saying he was not convinced it was fair to borrowers who said they were hurt by the company.

Get a sampling of the current food and drink policies for flights within the United States, and what you can expect to shell out for a little sustenance.

A surge in U.S. commodity exports is a relief in an otherwise bleak economy, but it is an unreliable prop for an industrial power.

As Verizon begins to roll out FiOS in its hometown, New York, the company argues that the service is proving to be more successful than it promised when it started the project.

American businesses faced the biggest annual rise in wholesale prices in 27 years last month, just as the stumbling economy caused consumer spending to drop.

As policy makers work to ease the strain on Fannie Mae and Freddie Mac, a consensus is emerging that the two companies will have to look substantially different in the long term.

Merrill Lynch, Goldman Sachs and Deutsche Bank will soon buy back at least $12.5 billion in auction-rate securities and pay fines as part of separate settlements reached with New York regulators.

The chance of losing your seat may be higher this fall, but airlines are offering more compensation.

A factory which aims to build the world's cheapest car in India faces an open-ended protest over a land dispute.

The global downturn could 'drag on for some considerable time', warns the Bank of England's deputy governor.

Several big cities are using tax dollars and private funds to buy and refurbish foreclosed properties to help declining neighborhoods survive.

The dirty secret of clean energy is that while generating it is getting easier, moving it to market is not.

The Apparel retailers Chico?s FAS and American Eagle Outfitters posted better-than-expected profits despite taking deep markdowns to lure shoppers of all ages, sending their shares higher.

The employees of Fannie Mae and Freddie Mac are reeling as the companies lurch toward what could be a bailout.

Economic recoveries in the decade after World War II were brisk affairs, but then they slowed. After stabilizing in the 1980s and 1990s, they seem to have taken another step down.

With Hurricane Gustav on course to hit the US Gulf, the damage it does to the region's oil facilities could be a 'worse case scenario'.