By LARRY NEUMEISTER and TOM HAYSAssociated Press
NEW YORK (AP) - The younger brother and business partner of disgraced financier Bernard Madoff pleaded guilty Friday to charges he doctored documents for years, but he insisted he knew nothing about his brother's historic
By MAE ANDERSONAP Retail Writer
NEW YORK (AP) - On the eve of the summer Olympics, Nike's fourth-quarter results weren't a personal best for the athletic gear maker.
Nike Inc. said Thursday that its fourth-quarter net income fell 8 percent as high
By TOM KRISHERAP Auto Writer
CHELSEA, Mich. (AP) - Chrysler's top sales executive says U.S. auto sales will slow a bit in June from the pace earlier this year, but he expects a rebound in the second half of 2012.
At a media event Thursday, Reid Bigland,
NEW YORK (AP) - The Supreme Court's decision Thursday to uphold President Barack Obama's historic overhaul is expected to boost the health care, but not every corner of the sector will benefit.
Drugmakers, biotech companies, hospitals and insurers likely
BRASILIA, Brazil (AP) - Brazil's Central Bank has sharply lowered its forecast for the nation's economic growth this year.
The bank now estimates that Brazil's gross domestic product will grow by 2.5 percent. That's down from a March forecast of 3
CARACAS, Venezuela (AP) - Venezuela is proposing that OPEC adopt a band of prices for crude oil and hopes to return to prices of about $100 a barrel, the country's oil minister said Thursday.
Venezuela has proposed a price band of between $80 and $120 per
By MARK JEWELLAP Personal Finance Writer
BOSTON (AP) - There's no such thing as an investment for all seasons, but dividend-paying stocks come close.
When the market rallies, dividend stocks generally post solid but not market-beating returns. If stocks
NEW YORK (AP) - NEW YORK DIGS: Nordstrom Inc. said it will open its first full-scale department store in Manhattan in 2017 or 2018. It will be located at 225 West 57th St., between Broadway and Seventh Avenue.
BEHIND THE DEAL: Nordstrom has been scouring the
By The Associated Press
French entertainment group Vivendi says its chief executive is stepping down because of a difference of opinion about the direction of the company.
Jean-Bernard Levy's departure after a decade with Vivendi comes after a meeting of