Venture Capital Magazine

A vast discovery in the Gulf of Mexico is the latest sign of success in a high-risk, high-reward strategy

EU regulators launched an antitrust probe into Oracle’s takeover of Sun Microsystems, saying they wanted to make sure Oracle wouldn’t hinder Sun’s open-source database software.

More than 1.3 million Americans will have their unemployment insurance benefits run out by the end of the year, placing extra strain on an economy that is just starting to recover.

Federal prosecutors hit Pfizer with a record-breaking .3 billion in fines and called the drug giant a repeating corporate cheat for illegal drug promotions that plied doctors with massages and resort junkets.

Worker productivity grew at the fastest pace in nearly six years in the spring, while labor costs fell by the most in nine years. Orders to U.S. factories rose less than expected in July.

The watchdog of the Securities and Exchange Commission has found that the agency consistently mishandled its investigations of Bernard Madoff’s business.

Stocks ended a back-and-forth day down a day after a big slide as investors worried that a weak job market will trip up a recovery in the economy.

A new survey finds 90 percent of employees plan to keep or increase work benefits as their company’s open enrollment season approaches.

As shares of bailed-out banks bottomed out earlier this year, stock options were awarded to their top executives, setting them up for millions of dollars in profit as prices rebounded, according to a report released on Wednesday.

At package delivery behemoths FedEx and UPS, last fall’s meltdown and the worst recession in a generation has meant a sharp drop-off in the number of documents and packages sent overnight.