The oil producer says it will not pay any money on the Gulf spill cleanup. BP caused the spill and should be pay all the expenses, the company says.
Late buying pushes the Dow up 59 points. Google will get a license renewal in China. Best Buy and chip stocks are downgraded. Earnings season starts Monday with Alcoa.
Private employment isn't growing. The average workweek and weekly wages are slipping.
The Financial Times says Immelt worries about Chinese protectionism and Obama's anti-business mentality. GE says he was misquoted. You decide.
The not-for-profit builder of affordable housing was the eighth-largest in the United States in 2009.
Turns out the problem was not the antenna. A software fix is in the works.
Stocks finish the week lower, with the Dow off 46. Investors must ponder what to do next over a long weekend. Tuesday could be volatile. Private job creation is less than expected. Apple concedes an iPhone software glitch.
Diageo, the maker of Johnnie Walker whiskey, will put millions of barrels of scotch into a trust to ensure pension assets will be in place if the company defaults.
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