The Department of Justice said Wednesday it's investigating several U.S. airlines for possible collusion, a probe that could have a deep impact on domestic carriers' seat availability and airfares.
The U.S. government is seeking to stop Electrolux from buying General Electric's appliance division, saying the combined company would dominate sales of ovens and other cooking-related kitchen appliances, especially to customers like home builders, ...
The chief executive officers of Fannie Mae and Freddie Mac may see more than a sixfold increase in their compensation to $4 million in spite of objections from President Barack Obama's administration and some lawmakers.
Californians reduced their water use by a whopping 29% in May, by far the largest savings since Gov. Jerry Brown called for voluntary 20% cutbacks amid a growing drought emergency last year.
U.S. stocks rose on Wednesday afternoon but pared earlier gains as energy stocks declined and Greece's debt crisis showed no signs of resolution.