Our Great City
Updated: 40 min 26 sec ago
Whatever the outcome of Greece’s bailout referendum, tensions between Greeks and Germans over the debt crisis have now erupted into open displays of frustration and resentment that won't die down quickly.
Capital controls in Greece don’t appear yet to have significantly curbed the country’s imports, especially of essential items. But for nonessential goods, Greek importers are starting to feel the squeeze.
Toshiba is likely to mark down its past operating profit by at least $814 million as a result of accounting irregularities.
If General Electric sells its appliance business to rival Electrolux, will home builders and property managers have to pay more for stove tops? The Justice Department says they will, but home builders aren’t as sure.
‘Expectations have kind of run away,’ says new Credit Suisse CEO Tidjane Thiam, as he plays down optimism he can quickly lift the Swiss bank out of its recent malaise.
Jockeying among the three other major health insurers—UnitedHealth, Anthem and Cigna—played into the dynamics of Aetna’s $34.1 billion deal to acquire Humana.
Oil pipeline companies like to brag that their advanced testing methods and remote monitoring technology prevent spills. So why was a southern California beach coated in crude?
Business leaders see the island’s debt crisis as a spur to cut government spending, but the dependency on an expansive welfare system is deep.
Private-equity firm Blackstone Group said it has hired Zhang Liping, a senior Credit Suisse Group banker, to head its operations in China.
Aetna agreed to buy Humana for $34.1 billion, following weeks of frenzied merger talks among large health insurers. Deal would add to Aetna’s Medicare business.
Uber Technologies plans to suspend one of its main services in France, days after French prosecutors indicted two top executives on charges of running that service illegally.
Fitch Ratings affirmed its investment-grade rating for Russia, while maintaining its negative outlook for the nation.
The Greek crisis risks taking the steam out of the eurozone economy, just as the currency area was showing signs of recovering from a long period of weak economic growth, the chief economist for the Organization for Economic Cooperation and Development said.
Using an industry technique known as “upgauging,” airlines increase capacity by adding seats on existing jets and replacing smaller planes with larger ones.
The U.S. job market sits at a crossroads six years into a fitful economic expansion: Hiring is strong, but weak wage growth has failed to pull millions of would-be workers off the sidelines while prompting others to drop out of the labor force.
The great project some hoped would eventually create a European superstate faces the biggest challenge of its history Sunday, when Greeks vote in a referendum that could decide whether they crash out of the eurozone.
German salt and fertilizer company K+S AG rejected a takeover approach worth $8.75 billion by rival Potash Corp. of Saskatchewan, saying the proposal undervalued the company.
BP agreed to pay $18.7 billion over 18 years to settle all federal and state claims arising from 2010’s Deepwater Horizon oil spill, including the biggest pollution penalty in U.S. history.
Univision, owner of the dominant Spanish-language broadcaster in the U.S., kicked off the process to go public, as it seeks to attract investors to its influential Hispanic base amid seismic digital shifts that are reshaping the television industry.