THE EXETER CONSULTING GROUP

Nine banks that received government aid during the financial crisis paid out bonuses of nearly $33 billion last year, New York Attorney General Cuomo revealed.

Nine banks that received government aid during the financial crisis paid out bonuses of nearly $33 billion last year, New York Attorney General Cuomo revealed.

Mining giant Anglo American sought to bolster its defenses against rival Xstrata’s unwelcome advance by disclosing progress on cutting costs and operational goals across the group.

With its first Manhattan store, J.C. Penney CEO Myron Ullman is squaring off against Macy’s on its home turf.

Japan’s banks showed signs of recovery in their fiscal first-quarter results, but while the nation’s biggest lender reported profit gains, other bank results showed a difficult operating environment persists.

Tension is escalating between the U.S and Israel. The problem: The administration views the Israeli-Palestinian issue as the root of all problems, while Israel is focused on Iran’s nuclear threat, says Elliott Abrams.

Federal aviation regulators are investigating whether American Airlines failed to promptly alert them about potential safety problems affecting some Boeing 737 jets.

Federal aviation regulators are investigating whether American Airlines failed to promptly alert them about potential safety problems affecting some Boeing 737 jets.

A shift in an investigation by Namibian prosecutors into kickbacks on government contracts signals that they suspect a pattern of corruption on deals with China.

Europe’s antitrust commissioner, Neelie Kroes, said she would approve Lufthansa’s bid for Austrian Airlines with conditions.

The FCC launched an inquiry into why Apple rejected Google’s Internet-telephony software for the popular iPhone.

Corazon Aquino, who helped bring down a dictator as leader of the “People Power” revolution and became president of the Philippines in 1986, died Saturday in Manila at age 76.

The House approved legislation that would give shareholders a greater say over executive pay, the first step in Democrats’ planned regulatory overhaul of the U.S. financial system.

The world’s largest retailer asked a court in Quebec to stop a union Web site from using the company’s name.

U.S. state and federal regulators shuttered four small banks, as the financial crisis and recession continued to batter the banking sector.