Gushers highlight potential of Pa. gas field

Two unexpected gushers in northeastern Pennsylvania are helping to illustrate the enormous potential of the Marcellus Shale natural gas field.
Each of the Cabot Oil & […]

Asian shares slump on Greek default fears

Positive economic data out of the U.S. failed to provide a boost to stocks in Asia on Friday, as worries mounted that Greece will be […]

Pandora’s stock retreats to below IPO price

Buyer’s remorse already may be setting in for some investors in Internet radio station Pandora Media.
After intense demand drove up the price of Pandora’s initial […]

China’s May imports accelerate, exports weaken

China’s import growth accelerated in May despite government efforts to cool an overheated economy, while exports weakened.
Imports rose 28.4 percent, up from April’s 21.8 percent […]

Steve Jobs makes rare appearance to unveil Apple

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Durable-Goods Orders in U.S. Dropped 3.6% in April, the Most in Six Months - Bloomberg

Orders for U.S. durable goods dropped more than forecast in April, reflecting a slump in aircraft demand and disruptions in supplies of auto parts stemming […]

New general strike over Greek austerity program

Most public services in Greece ground to a halt Wednesday and transport was disrupted as labor unions held a new general strike to protest the […]

Chrysler to repay $7.5B of its government bailout

Chrysler will soon repay $7.5 billion in bailout money from the U.S. and Canadian governments, another sign that the company is recovering from its near […]

ECB’s Weber Says Tighter Monetary Policy Can Be Expected - Bloomberg

Bundesbank President Axel Weber said today that European price pressures have increased significantly and that tighter monetary policy can be expected.
Weber, who is a […]

Stocks fall after Japan lifts nuclear crisis level

The Dow Jones industrial average fell more than 100 points Tuesday after Japan raised the alert level on its nuclear crisis and Alcoa Inc. reported […]