BP (BP) may have ignored potential risks related to the Deepwater Horizon drilling rig and the company suffered from a “lack of operating discipline” according to an interim report.
The report from the National Academy of Engineering and National Res…
In a Senate hearing Tuesday, Bank of America vowed to improve its foreclosure operations to avoid more “robo-signing” documentation problems. The bank halted foreclosures in October amid allegations of faulty paperwork and did …
The Dow tumbled Tuesday as part of a global sell-off in stocks fueled by further speculation that China will hike interest rates to fight inflation and renewed worries over the wobbly finances of Ireland, Portugal and Greece.
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As UPS gears up for its busiest time of year by hiring about 50,000 temporary workers, the world’s largest package-delivery service said it expects to ship about 7.5% more packages this holiday season than it did a year ago.
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Forbes Media is reaching outside the family ranks for the first time to name a new CEO, the company announced Tuesday. Veteran venture capitalist and media executive Mike Perlis will assume his new post Dec. 1, replacing longti…