Goldman settles with SEC for $550 million
NEW YORK (CNNMoney.com) -- Goldman Sachs paid $550 million to settle charges of defrauding investors in a sale of securities tied to subprime mortgages, the Securities and Exchange Commission said Thursday.
Troubled Tylenol plant to lay off 300 workers
NEW YORK (CNNMoney.com) -- The drugmaking arm of Johnson & Johnson said late Thursday that it is laying off hundreds of workers at the manufacturing plant at the center of a recall of millions of units of children's Tylenol, Motrin and other ...
BP may owe for spilled oil
NEW YORK (CNNMoney.com) -- BP will have to pay the U.S. government royalties on oil that spilled into the Gulf of Mexico if it is found that "negligence or regulatory violations" contributed to the accident, according to a government statement Thursday.
Google's profit rises but falls short of estimates
NEW YORK (CNNMoney.com) -- Google's second quarter didn't do much to help get the company's stock out of its current rut.
BP jumps 7% after temporarily stopping Gulf oil leak
NEW YORK (CNNMoney.com) -- BP's stock jumped Thursday after the energy company temporarily stopped the flow of oil from a ruptured well in the Gulf of Mexico for the first time since April.
Sweeping US financial reform passed by Senate
The US Senate has given final approval to the biggest overhaul of American financial regulation in decades.
US financial reform passed by House of Representatives
The US House of Representatives has approved a landmark bill designed to overhaul the US financial system.
Google profits up sharply but fail to impress
Internet giant Google has reported a sharp rise in profits and revenue in quarterly results that nonetheless failed to impress Wall Street.
BP says oil has stopped leaking from Gulf well
BP says it has temporarily stopped oil flowing into the Gulf of Mexico from its leaking well.
Microsoft co-founder commits billions to philanthropy
Microsoft co-founder Paul Allen has said he will commit the majority of his estimated $13.5bn (£8.8bn) fortune to philanthropy after his death.
Boeing 787 Dreamliner delivery could be delayed again
Boeing has cautioned that the delivery of its new 787 Dreamliner could slip into next year, rather than the end of this year, as planned.
Volvo calls for emission openness
The Swedish carmaker Volvo has called for greater openness about all harmful emissions from cars.
China's growth rate slows to 10.3% as lending tightens
The pace of growth in the world's third-largest economy slowed in the second quarter, official figures show.
Apple plans surprise briefing on iPhone 4 antenna issue
Apple has called a surprise news conference on 16 July at 1800 (BST) to talk about the iPhone 4 as the clamour for the company to resolve antenna problems with the new device intensified.
China AgBank share trading gets off to a slow start
Shares in the Agricultural Bank of China ended their first day of trading almost flat. They had been expected to gain as much as 5%.
NTT buys South Africa's Dimension Data
Nippon Telegraph and Telephone (NTT) says it will buy the South African IT firm Dimension Data in £2.12bn ($3.24bn) deal.
Nigeria denies state oil firm NNPC bankrupt
The Nigerian government has strongly denied claims that the state oil company is bankrupt, shortly after a junior minister said it was insolvent.
Gulf spill: BP prepares for key oil well test
Adm Thad Allen: "When BP is ready, we will start to increase the pressure in the capping stack"
UK unemployment falls to 2.47 million
The number of people unemployed in the UK fell by 34,000 to 2.47m in the three months to May, official figures show.
Nigeria state oil firm NNPC insolvent, says minister
Nigeria's state oil firm is insolvent, unable to pay debts of $5bn (£3.3bn), a government minister has said.
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Apple plans surprise briefing on iPhone 4 antenna issue
