People born between 1966 and 1975 took a bigger hit during the recession and are less well-prepared for retirement than older Americans, according to a new study.
The Federal Trade Commission will allow Tesoro to go through with its plans to buy a BP refinery in Southern California, bringing the two companies one step closer to sealing the deal sometime this quarter.
J.C. Penney plans to beef up its audits of factories in Bangladesh by requiring them for the first time to undergo structural and engineering inspections.
E.ON has made its first significant move in Germany's decentralized power market by agreeing to build four combined heat and power units for retailer Metro.
Eurasian Natural Resources rejected a takeover offer from a consortium of buyers that it said undervalues the business, and the U.K.-listed, Kazakhstan-focused miner has asked the consortium to make a revised offer.
The prime minister pledged action to encourage businesses to increase their spending as he seeks to turn recent improvements in the economy into sustainable growth.
India has significantly widened its control over drug prices, a decision that will make medicines more affordable for people but hurt the profit margins of pharmaceutical companies.
Pilot Flying J CEO Jimmy Haslam III asked a group of trucking industry officials to work with the truck-stop operator to settle diesel-fuel rebate claims instead of fighting it in court.
