BP accused of greed, lax safety at US oil spill trial
The US government accused BP of letting greed triumph over safety Monday in the opening arguments of a multi-billion dollar trial over the devastating 2010 Gulf of Mexico oil spill.
Judge blocks Apple shareholder vote in lawsuit
A US federal judge blocked Friday an Apple shareholder vote in response to a hedge fund lawsuit that claimed the tech giant was improperly bundling questions on a ballot.
United Airlines extends 787 grounding to May
United Airlines said Thursday it expected to keep its six Boeing 787s out of service until May 12, as the cutting-edge airplane remained grounded worldwide due to battery problems.
22 February 2013
New York Times revives effort to sell Boston Globe
The New York Times, facing a difficult environment for newspapers in the digital age, announced Wednesday that it was reviving its efforts to sell The Boston Globe.
21 February 2013
Europe horsemeat scandal spreads to Asia
The fallout from Europe's horsemeat scandal has spread far outside the continent, with an imported lasagne brand pulled from shelves in Hong Kong and a new row over the treatment of horses farmed in the Americas.
21 February 2013
BP vows to 'vigorously defend' itself at US oil spill trial
British energy giant BP vowed Tuesday to "vigorously defend" itself in court next week against US government claims for "excessive" fines in the 2010 Gulf of Mexico oil spill disaster.
Google shares top $800 despite Microsoft challenge
Internet search king Google's shares pushed past $800 for the first time Tuesday despite a tough new challenge from Microsoft and looming European Union action over alleged privacy violations.
20 February 2013
FBI examining possible Heinz insider trades
The FBI is examining possible insider trading in Heinz shares ahead of last week's buyout announcement, after US regulators identified suspicious trades from a Swiss account.
Nestle finds horsemeat in pasta dishes in Italy, Spain
Swiss food giant Nestle has become the latest retailer hit by Europe's horsemeat scandal, announcing it is removing pasta meals from supermarket shelves in Italy and Spain due to contamination.
Devaluation of bolivar expensive for some US firms
The recent devaluation of the Venezuelan bolivar was a blow to some major US companies, highlighting the importance of financial ties between the two nations despite their political disagreements.
17 February 2013
Berkshire, 3G buy ketchup maker Heinz in $28bn deal
Billionaire Warren Buffett's investment powerhouse Berkshire Hathaway and Brazilian-led 3G Capital announced Thursday they would take over venerable US ketchup maker Heinz in a deal worth $28 billion.