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House passes insider trading bill

The House passed a bill banning Congress and executive branch officials from insider trading, but brushed aside a provision aimed at reining in those who pry

Quarterly loss hits $3.3B at Postal Service

Teetering on the brink of bankruptcy, the U.S. Postal Service's quarterly loss ballooned to $3.3 billion amid declining mail volume and the soaring costs of

Kodak to stop making cameras, digital frames

Eastman Kodak Co. said Thursday that it will stop making digital cameras, pocket video cameras and digital picture frames, marking the end of an era for the

Pepsico to cut 8,700 jobs; 4Q net rises

PepsiCo said it plans to cut 8,700 jobs, or about 3 percent of its workforce, as it tries to offset higher costs for ingredients and increased spending on

Unemployment aid applications near a 4-year low

The number of people seeking unemployment aid neared a four-year low last week, a positive sign that strong hiring could continue in the coming months.

Greece reaches austerity deal

Hours after Greece made the unpopular decision to slash government spending in an attempt to ease its debt crisis, Germany's finance minister questioned

Tassimo coffee makers recalled over burn risk

Home-brewed coffee lovers, take note: More than a million coffee makers are being recalled after dozens of reports of the brewers spraying hot liquid, coffee

States, banks reach foreclosure-abuse settlement

A landmark $25 billion settlement with the nation's top mortgage lenders was hailed by government officials Thursday as long-overdue relief for victims of

Beef prices expected to climb for next 2 years

Experts said retail prices for beef could climb as much as 10 percent a year in 2012 and 2013, and the increase could be even greater if demand from other

US jobs gap between young and old is widest ever

Squeezed by a tight job market, young Americans are especially struggling. They have suffered bigger income losses than other age groups and are less likely to

Oil prices rise after US supply report

Oil prices climbed to near $99 per barrel Wednesday following government reports that U.S. supplies didn't grow as much as expected last week.

European agency orders global check on A380 wings

Europe's air safety authority ordered checks Wednesday on the entire global fleet of Airbus A380 superjumbo jets for cracks on parts inside the wings —

Hundreds of flights canceled in French strike

Air France canceled up to 40 percent of its long-distance flights Wednesday because of a strike by pilots and other personnel over their right to hold

2.1 million viewers watched live stream of Super Bowl online

That's a small fraction of the record 111.3 million viewers that watched NBC's broadcast of the big game. But it was still enough to make it the most-watched

Getting caffeine fix as easy as taking deep breath

Move over, coffee and Red Bull. A Harvard professor thinks the next big thing will be people inhaling their caffeine from a lipstick-sized tube. Critics say

Forget the Happy Meal. 'Lorax' gets green tie-ins

The Lorax, perhaps the most famous anti-industrial crusader from children's literature, is getting support from companies that are willing to go green.

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Timeline: Nationwide Mortgage Deal

$25 billion deal over foreclosure abuses that occurred after the housing bubble …

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