Business - Top Stories latest news

AMD's dream deflated by billions of dollars of losses and a hefty pile of debt

Google and Microsoft post disappointing results as slump widens; AMD's CEO steps down

Faced with rising costs and pickier customers, processed foodmakers find ways to boost their products' appeal—and make price hikes stick

UK shoppers spent 17 pence in every pound online in the first half of the year, claims a retail report.

Chinese oil giant Sinopec says its first-half profit will fall more than 50 percent from the same period last year due to government controls that limit its ability to pass on record-high crude costs to consumers. A Sinopec statement, dated Thursday, gave no...

Qantas Airways Ltd., Australia's flagship carrier, said Friday it will slash 1,500 jobs worldwide and abandon plans to create 1,200 more as it tries to deal with skyrocketing fuel costs. Chief executive Geoff Dixon said the cuts represent 4 percent of the...

Philippine President Gloria Macapagal Arroyo's public support rating plunged last month to a record low, making her the country's most unpopular president since democracy was restored in 1986, a survey showed Friday. The independent Social Weather Stations...

Proposals a sign of just how far the banking system strayed from basic principles of monitoring and controlling risk

Faced with a federal investigation into its private banking practices, the Swiss banking giant said that it would stop offering offshore banking services to clients in the United States.

During the past 12 months, Merrill, known for its "Thundering Herd" of stockbrokers, has lost about $19.2 billion, which works out to about $52 million a day.