US employers shed 62,000 nonfarm jobs in June signaling that the world's largest economy is struggling to maintain momentum, a Labor Department report showed Friday.
Casino operator Penn National Gaming Inc. said today that its $5.82 billion takeover by Fortress Investment Group LLC and private equity firm Centerbridge Partners LP has been terminated in the face of a ...
Health insurer UnitedHealth Group Inc. on Wednesday said it will pay $895 million to settle lawsuits over its stock option practices, and it warned that weaker business and higher costs will cut into profits ...
Employers shed 62,000 workers in June - the sixth straight month of job losses - as the construction and manufacturing sectors continued to founder, the Labor Department said Thursday.
A weaker dollar cannot be blamed for soaring oil prices as policymakers around the world tussle with the twin specters of rising inflation and slowing growth, U.S. Treasury Secretary Henry Paulson said on ...
The United States must build a tougher regulatory system that can allow financial institutions to fail without causing wider economic turbulence, U.S. Treasury Secretary Henry Paulson said yesterday in London.
UnitedHealth Group Inc. cleared its decks of bad news Wednesday, announcing a lower profit outlook, a restructuring that will trim 4,000 jobs and a $900 million payout to settle a class-action lawsuit over ...
