National Business News
US crude oil supplies grew by 300,000 barrels
The nation's crude oil supplies increased last week, the government said Wednesday.
National Business News
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NATIONAL BUSINESS NEWS
Men's Wearhouse ousts founder, pitchman Zimmer
Apparently, Men's Wearhouse Inc. doesn't like the way its founder looks anymore.
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NATIONAL BUSINESS NEWS
Clark and Thunell join board of Blackstone company
The Blackstone Group LP said Wednesday that General Wesley Clark and Lars Thunell have joined the board of its newly formed power development company Fisterra Energy.
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NATIONAL BUSINESS NEWS
Investors look for answers on economy from Fed
Worry and speculation have consumed investors since Chairman Ben Bernanke spoke to Congress last month about the Federal Reserve's drive to keep long-term interest rates at record lows.
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NATIONAL BUSINESS NEWS
Stocks edge lower as investors wait on Fed
Stocks edged lower in early trading on Wall Street Wednesday as investors waited for word from the Federal Reserve.
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NATIONAL BUSINESS NEWS
Cyprus okays gas plant deal with Noble, Delek
Cyprus' deputy government spokesman says the Cabinet has ratified a preliminary agreement with U.S. firm Noble Energy and its Israeli partners Delek Drilling and Avner Oil Exploration on their participation in the development of a planned natural gas processing facility.
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NATIONAL BUSINESS NEWS
Stocks edge lower as investors wait for the Fed
Stocks are edging lower in early trading on Wall Street as investors hold back ahead of a policy announcement from the Federal Reserve.
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NATIONAL BUSINESS NEWS
US futures waver in light trading
U.S. stock futures are mixed in light trading with investors holding back before the Federal Reserve reveals its stance on the economy.
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NATIONAL BUSINESS NEWS
Oil rises near $99 a barrel before Bernanke speaks
The price of oil rose to near $99 a barrel on Wednesday, driven by a report of falling U.S. stockpiles of crude and ahead of the conclusion of a meeting of the Federal Reserve.
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NATIONAL BUSINESS NEWS
Japan's trade deficit climbs to $10.5B in May
Japan's trade deficit rose nearly 10 percent in May to 993.9 billion yen (nearly $10.5 billion), highlighting the challenge Prime Minister Shinzo Abe faces in revitalizing manufacturing as industries increasingly shift production offshore.
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NATIONAL BUSINESS NEWS
Dish won't submit revised bid for Sprint
Satellite TV operator Dish Network Corp. said Tuesday it would not submit a revised bid for Sprint, leaving the path open for the wireless carrier to accept what it already considers a superior offer from Japan's Softbank.
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