Latest Business Wires

The Obama administration, battling a foreclosure crisis that shows no signs of relenting, will step up pressure on mortgage companies to do more to help people remain in their homes, officials said Saturday.

The chairman of the Federal Reserve is concerned that congressional efforts at financial reform could weaken the central bank's ability to handle future crises and may politicize monetary policy.

Like many home owners, hotels are starting to drown in debt.

As Meg Whitman has been introducing herself to California voters, she retells a line that usually generates a chuckle: "The next governor of California needs to know exactly what SHE believes."

So, you fail to take a deep breath and to count to 10 — and you post something you probably shouldn't on Twitter or Facebook, or somewhere else online.

A mother in Boston tells police her 8-year-old boy was shot to death in their apartment by gunmen in hooded sweat shirts during a home invasion.

Police say a fire has broken out among Christmas trees for sale outside a Walmart on New York's Long Island during a busy holiday shopping weekend.

Leaders of the Commonwealth countries called Saturday for a legally binding international agreement on climate change and a global fund with billions of dollars to help poor countries meet its mandates.

Anti-capitalism protesters smashed the windows of banks, shops and cafes in Geneva, Switzerland, and set cars on fire during a demonstration against the World Trade Organization.

After struggling with an anti-snitching culture that made witnesses too afraid to come forward, police are getting help from text-a-tip programs that allow people to send anonymous tips.

Shoppers who endured long lines and sometimes-frigid temperatures spent only slightly more during their Black Friday shopping sprees than they did last year, according to data released Saturday by a research firm.

As world markets absorbed the shock of Dubai's debt crisis, the ruler of the city-state left town for an important meeting in a desert palace. His hosts: the leaders of neighboring Abu Dhabi.

Maybe you've been reading the health care bill in your spare time. Then perhaps you can answer this question:

General Motors Co. says production at a stamping plant in Ohio is expected to end Jan. 29.

Bailed-out Bank of America amended the salaries of two senior executives after a review by the White House pay czar, according to a regulatory filing.

A South Korean fishing vessel has burned and sunk in the port of Uruguay's capital. Navy officials say all 38 crew members are safe.

For years, Dubai seemed unstoppable, an oasis of excess boasting indoor ski slopes and manmade islands, the world's tallest tower and dreams that reached even higher.

Hyundai Motor Co. said Saturday it will pull out of the Japanese passenger vehicle market amid sluggish sales, and instead focus on commercial vehicle sales there.

A $32.5 million contract to build Spaceport America's terminal and hangar facility has been awarded to a New Mexico firm.

The Supreme Court of Canada said Friday that Wal-Mart Stores Inc. was entitled to close a store in Quebec in 2005, seven months after workers voted to unionize.