NEW YORK - With a $73 billion debt burden that Gov. Alejandro Garc�a Padilla recently called inconvertible, Puerto Rico is now being giving advice by hedge funds: improve tax collection and cut education spending to reduce mounting debt.
DETROIT Ford Motor Co's chief executive, Mark Fields, said on Tuesday he wants the company to act "like a startup" as it prepares for an evolution of the auto industry, after it posted second-quarter profit that handily beat expectations.
US stocks snapped a five-day losing streak as strong earnings and a rebound in European equity indices buoyed investor confidence.
French drugmaker Sanofi (SASY.PA) said on Tuesday it was committing up to $2.17 billion to a collaboration with its long-time partner Regeneron Pharmaceuticals (REGN.
US Consumer confidence slumped in July by the most in almost four years. Ed Bailey. by Erin Roman. Americans are growing concerned that this is about as good as it gets.