The Standard & Poor's 500-stock index posted its biggest decline in three weeks on Wednesday after minutes from the latest Federal Reserve policy meeting showed that some officials were open to cutting back on large-scale asset purchases as early as the ...

Hewlett-Packard Co.'s (HPQ) reported another sharp drop in profits but still surpassed market expectations, thanks to cost cuts and better-than-expected results in its printing and services businesses.

Wed May 22, 2013 5:50pm EDT. * Wires $452 million to pay off U.S. DOE loan. * Repays loan using part of almost $1 bln raised in offerings last week.

WASHINGTON�Sales of previously owned homes reached the highest level in more than three years, with the share of foreclosure purchases shrinking, as the housing market continued its rebound last month.

U.S. auto makers are accelerating production lines and, in some cases, even canceling the North American industry's traditional summer factory shutdowns to meet strong demand.

TOKYO�Struggling Japanese conglomerate Sony Corp. said its board of directors has started preliminary discussions on what to do about a proposal from activist hedge-fund investor Daniel Loeb to take part of the company's entertainment business public.

(Corrects date of June FOMC meeting in fifth paragraph.) Yields on Fannie Mae and Freddie Mac mortgage bonds that guide U.S. home-loan rates climbed to the highest in almost a year as Federal Reserve Chairman Ben S. Bernanke told Congress the ...

It pays to be in TV. On the list of 10-best paid CEOs of 2012 - the exclusive club inside an already-exclusive club - half are in the entertainment and media industry, according to executive pay research firm Equilar.

The Florida city of South Miami misled investors by failing to disclose that it had used tax-exempt bond proceeds to help a developer finance a downtown parking and retail project, according to U.S.

Virgin America landed at the top of the latest Consumer Reports ratings of airlines in its first appearance on the list, receiving some of the highest customer satisfaction scores any airline has in years.