U.S. economic activity increased in October and November, but lower oil prices were raising alarm in the Gulf of Mexico and Texas, according to a summary of economic conditions released Wednesday.
GlaxoSmithKline said on Wednesday it would shed "several hundred" U.S. commercial jobs and research positions as it restructures operations in its biggest market, as drug sales lag.
In its anecdotal Beige Book, the Fed said the economy continued to expand over the last two months, with lower gas prices boosting consumer spending.
The death toll from the Ebola epidemic has risen to 6,070 out of 17,145 cases as of Nov. 30, and the virus continues to spread intensely across Sierra Leone, the World Health Organization (WHO) said on Wednesday.
Attorneys for a former BP executive facing an obstruction charge in the 2010 Gulf oil spill asked a federal judge Wednesday to dismiss the two criminal counts as his trial approaches in March.
The world is watching how China deals with Hong Kong and its commitments to preserve freedoms there amid continuing tensions over prodemocracy protests, the United States' top diplomat for East Asia said Wednesday.
Speedy passage of a sweeping defense policy bill has hit a snag over public lands.
Country musicians Reba McEntire and Brooks & Dunn are joining forces to become the newest headliners on the Las Vegas Strip.
Media organizations aren't entitled to see documents that detail how PPL crews responded to an October 2011 snowstorm that left hundreds of thousands without power, a state appeals court ruled Wednesday.
Facing a new political landscape, President Barack Obama and Sen. Mitch McConnell had a Wednesday appointment to size up prospects for cooperation between Democrats and Republicans who have shown little zest for political deal-making in the more than five years since Obama's first inauguration.
Another Egyptian has died of H5N1 bird flu, bringing the total number of deaths in Egypt from the virus to seven this year out of 14 identified cases, the health ministry said on Wednesday.
A look at the 10 biggest percentage gainers on New York Stock Exchange at 1 p.m.: GasLog Ltd. rose 16.7 percent to $18.62.
Shares of some top restaurant companies are mixed at 1 p.m.: Brinker International Inc. rose $.53 or 1.0 percent, to $56.23.
A look at the 10 biggest percentage decliners on Nasdaq at 1 p.m.: Proteon Therapeutics fell 13.2 percent to $8.72.
A look at New York Stock Exchange 10 most-active stocks at 1 p.m.: AT&T Inc. fell .5 percent to $34.13 with 15,596,200 shares traded.
Shares of some top pharmaceuticals companies are mixed at 1 p.m.: Baxter International Inc. rose $.42 or .6 percent, to $73.59.