Crabtree & Evelyn, a specialty retailer known for its soaps and other personal care products, filed for Chapter 11 bankruptcy as the tough economy led to falling sales and rising losses.

For Facebook's employees and early investors, the big payday is coming. But it will not follow the standard Silicon Valley script.

Bank of America's primary investment management unit is drawing lower than expected bids after its likeliest suitor, BlackRock, inked a blockbuster deal to buy Barclays Global Investor, the Financial Times reported, citing people close to the matter.

Gannett, which owns top-selling newspaper USA Today, is laying off more than 1,000 staff to try and combat persistent declines in revenue, the Wall Street Journal reported on Tuesday.

American International Group got a new slate of government-backed directors at a subdued annual meeting Tuesday, effectively revamping its board after the insurer's $180 billion taxpayer bailout.

As investors continually look for an edge, social media sites like Twitter have become a popular tool for raw information—and rumors.

A unit of Johnson & Johnson said Monday that a federal jury has ordered Abbott Laboratories to pay $1.67 billion in a patent infringement suit over the companies' rheumatoid arthritis drugs.

Michigan has snatched back a few of its fast-disappearing auto jobs, winning a high-stakes competition with two other states to build General Motors' next-generation subcompact car.

The Standard & Poor's 500 index is likely to see a correction to between 830 and 875 through September, given its virtually uninterrupted rise since its March lows, J.P. Morgan Securities said, and urged investors to use the correction to build positions in cyclical stocks.

Jefferies Group, an investment bank focused on mid-sized companies, on Wednesday projected second-quarter net profit and revenue well in excess of analyst forecasts, and its shares rose 8.8 percent in after-hours trading.

Office Depot says that private equity firm BC Partners has made a $350 million investment through a preferred stock purchase, giving it a stake in the office supplies chain of approximately 20 percent.

Boston Scientific said on Tuesday that a large clinical trial showed early intervention with implantable devices called cardiac resynchronization therapy can slow the progression of heart failure.

Boeing Tuesday said the first test flight of its long-delayed 787 Dreamliner would be postponed again, a move sure to disappoint investors and customers who have ordered the revolutionary carbon-composite aircraft. 

Bankrupt U.S. regional carrier Frontier Airlines Holdings has reached a deal to sell itself to Republic Airways Holdings for $108.75 million so that it can exit bankruptcy protection.

Women's apparel manufacturer and retailer Liz Claiborne Inc Thursday projected a wider second-quarter loss than analysts forecast, and its shares plummeted 13 percent.