08/06/2013 12:58amGerman reinsurer Munich Re saw its first-quarter net profit fall 33 percent to 543 million euros ($722 million) as losses from floods in central Europe weighed on earnings.
08/06/2013 2:42amAustralia's central bank cut its benchmark interest rate to a record low 2.5 percent Tuesday because of slower growth and weakening commodity prices.
08/06/2013 4:35amAmericans are keeping their cars and trucks longer than ever, and even with new car sales increasing, the average age will continue to rise, an industry research firm says.
08/06/2013 5:28amCarl Icahn's stake in Dell now stands at close to 9 percent, buttressing his claims that the fight for the embattled computer maker is not over.
08/06/2013 7:06amMail, express delivery and freight company Deutsche Post DHL said stronger revenue from online shopping deliveries and smaller one-time expenses helped its profits more than double in the second quarter.
08/06/2013 8:31amJetBlue Airways will cut one inch of legroom from its coach seats on transcontinental flights to make room for a new first-class cabin that will feature lie-flat beds.
08/06/2013 8:51amWarren Buffett's company's longtime stake in the Washington Post newspaper will end when the publication is sold to Amazon.com founder Jeff Bezos.
08/06/2013 12:03pmA Federal Reserve voting member said Tuesday the central bank is "quite likely" to start reducing its bond purchases later this year but that any change hinges on the economy showing improvement.
08/06/2013 12:14pmA sharp decline in the trade deficit with other nations suggests the U.S. economy grew this spring at a faster pace than previously estimated, helped by a record level of exports.
08/06/2013 2:16pmGeneral Motors plans to spend another $167 million at its Tennessee factory so it can build two new midsize vehicles.
08/06/2013 2:19pmGeneral Motors is knocking 13 percent off the sticker price of the Chevrolet Volt electric car as it tries to keep pace with rivals in the market for plug-in vehicles.
08/06/2013 2:30pmShares of the longtime owner of The Washington Post briefly hit five-year highs after announcing the sale of the paper to Amazon.com Inc. founder Jeff Bezos for $250 million.
08/06/2013 3:50pmFirst Solar Inc. said Tuesday that it's buying a competing thin-film solar panel technology from General Electric Co in exchange for a stake in the company.
08/06/2013 4:35pmThe auto industry says people under 34 are gradually starting to buy cars again as their economic circumstances improve.
08/06/2013 5:11pmThe U.S. government has accused Bank of America Corp. of civil fraud, saying the company failed to disclose risks and misled investors in its sale of $850 million of mortgage bonds during 2008.
08/06/2013 5:57pmSwitzerland's biggest bank, UBS, has agreed to pay about $50 million to settle federal civil charges of misleading investors in its sale of risky mortgage bonds ahead of the 2008 financial crisis.
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