Lufthansa subsidiary Germanwings could face liabilities well above the typical ceiling in airline crashes for the passengers who died on Tuesday when one of its jets was flown into an Alpine mountain, some aviation lawyers said.
MIDLAND, Mich. - Dow Chemical Co. is breaking off a significant part of its chlorine operations in a deal with Olin Corp. valued at $5 billion.
BlackBerry posted its lowest quarterly sales in more than eight years on Friday, as the Canadian smartphone maker struggled to find new revenue sources to offset dwindling sales of its handsets.
Janet Yellen, chair of the U.S. Federal Reserve, said Friday at a conference in San Francisco that she expects the Fed to raise interest rates this year, and that subsequent increases will be gradual without following a predictable path.
US economic growth decelerated in the fourth quarter of 2014 and is likely to slow further in the first quarter of 2015 despite robust consumer spending, the US Commerce Department said on Friday, a media report said on Saturday.