XML US Business News

Pain Worsens for Oil Giants

published about 4 hours ago
Pain Worsens for Oil Giants
Exxon Mobil and Chevron reported their worst profits from pumping oil and natural gas in more than a decade as low crude prices lopped off billions of dollars from their quarterly haul.

Former FAA Consultant Claims Agency Failed to Act on SpaceShip Two Warnings

published about 4 hours ago
Former FAA Consultant Claims Agency Failed to Act on SpaceShip Two Warnings
FAA officials repeatedly failed to act on safety warnings about an experimental rocket ship backed by billionaire British entrepreneur Richard Branson that crashed in 2014, according to a former agency consultant.

Dairy Dispute Disrupts Pacific Trade Talks

published about 5 hours ago
Dairy Dispute Disrupts Pacific Trade Talks
A bitter fight over the dairy industry is souring high-level talks aimed at concluding a sweeping trade agreement among 12 Pacific nations, according to people involved in the negotiations.

After losing its biggest contract, this Va. tech company is trying to go global

published about 6 hours ago
Neustar, the Sterling-based company best known for operating the system that enables U.S. consumers to keep their numbers when they switch cellphones, on Thursday bought Australian information-technology company Bombora for $86.9 million.Read full article >>

Verizon in Union Negotiations to Avert a Strike

published about 6 hours ago
Verizon Communications Inc. is in negotiations with unions covering more than 37,000 of its employees to reach a new contract ahead of a Saturday night deadline and avert a strike.