Merck raised its earnings guidance for the year, despite the negative impact of the stronger dollar, as its first-quarter results declined less than expected.
Honda’s relaunched Civic sedan arrives as pump prices make small cars less desirable. The company will need its popular SUVs to pick up the slack.
Ford Motor Co. reported net income was down 7% in the first quarter as profitability in North America and Asia was offset by losses in Europe and South America.
The People’s Bank of China’s latest debt-restructuring plan punctures the myth of an omnipotent Beijing manipulating the financial system at will.
Forests of idle drilling rigs, piles of pipe and ranks of empty trucks are a new and tangible sign of the financial trouble sweeping the oil patch.
Retirees and other savers looking to put their money in traditionally safe investments such as bonds are seeing returns shrivel.
BP reported a sharp drop in first-quarter profit compared with a year earlier and saw its cash flow squeezed as oil prices hit their lowest mark in six years.
China’s gold consumption showed signs of recovering in the first three months this year, as relatively low bullion prices attract Asian interest.
Room to grow is evaporating in Silicon Valley as technology giants’ voracious appetites for expansion are running up against residents weary of clogged streets and cramped classrooms.
U.S.meatpacker plans to largely eliminate antibiotics used in human health from its chicken production.