Moody's Investors Service yesterday cut Puerto Rico's ratings one notch further into junk territory, citing the US territory's declaration that it cannot pay its debt.
HOUSTON BP Plc will pay up to $18.7 billion in penalties to the U.S. government and five states to resolve nearly all claims from its deadly Gulf of Mexico oil spill five years ago in the largest corporate settlement in U.S.
Greece will need an extra 50bn euros ($55bn) over the next three years to stabilise its finances even under the existing, disputed bailout plans, the International Monetary Fund (IMF) says.
News that the large Medicaid health plan Centene Centene (CNC) has agreed to buy Health Net Health Net (HNT) for $6.3 billion is the latest sign insurance carriers known for contracting with states to cover poor Americans are making a bigger push into ...
Following a trading halt around 12:50 p.m. ET, the stock fell more than 10 percent after it reopened approximately 10 minutes later.