The marriage of British oil giant BP and a group of Russian-bred tycoons in a joint venture in 2003 was strained from the start.

A days-long rally in the U.S. stock market came to an abrupt halt yesterday after the release of disappointing home sales and joblessness figures reignited worries about the economy, particularly financial services.

Typically, you might expect hotel owner Robert L. Johnson to leave the spiel about bed linens and room decor to his marketing types.

New York Attorney General Andrew M. Cuomo filed a securities fraud lawsuit yesterday against UBS, alleging that the Zurich investment bank marketed billions of dollars in unconventional bonds to investors around the country while improperly claiming they were as safe and liquid as cash.

Here's a bit of irony: At a time when the financial system is drowning in a sea of mortgage foreclosures, the organization that has developed the most effective system for getting bankers to restructure troubled loans is a self-described "bank terrorist" who routinely refers to bankers as financial...

XM Satellite Radio and Sirius Satellite Radio yesterday agreed to pay nearly $20 million in fines for past technical violations, paving the way for federal approval of a merger between the nation's only satellite radio providers.

Average prices per gallon SOURCE: AAA

Ford yesterday reported an $8.7 billion second-quarter loss, the worst quarterly performance in the company's history, and announced a series of changes aimed at ramping up production of small cars as drivers bristle at the rising cost of gasoline.

Microsoft plans to spend at least $2.5 billion a year for the foreseeable future to compete with Google because the opportunity in online advertising is too big to ignore, Microsoft chief executive Steve Ballmer said yesterday.

Regional Internet company Embarq told lawmakers this week that it notified 26,000 high-speed Internet customers in Kansas that it was conducting a targeted advertising test based on their "anonymous" Web-surfing behavior and offered them the ability to opt out.

The chairman of the House Financial Services Committee called on lenders to stop filing foreclosures until a new foreclosure-prevention program takes effect.

Your boss may prize your problem-solving skills, but it's the ability to manage stress that will make you happy on the job, one career-training firm argues.

The agency that regulates commodity trading yesterday charged a Dutch firm, Optiver Holding, and its U.S. subsidiary with manipulating the price of crude oil, heating oil and gasoline, marking the first case to arise from the body's investigation into the energy markets.

A group of the world's biggest agribusiness companies announced it will use lobbyists on Capitol Hill and national ads to build the case for fuels such as ethanol and biodiesel, even as grain prices climb worldwide.

NEW YORK, July 24 -- Wall Street abruptly ended an earnings-driven rally and closed sharply lower Thursday after a steeper-than-expected decline in existing-home sales and worries about the financial sector chilled the market's recent optimism. The major indicators fell about 2 percent, including...

Europe's economic outlook blackened, raising questions about its ability to help prop up the United States' own feeble economy by buying its goods.