Handing out money is not necessarily a simple thing, Pittsburgh Mayor Bill Peduto discovered after his appearance on the CBS show "Undercover Boss."
Shares of Mondelez International Inc. rose 1.9% in premarket trade after the snacks giant beat fourth-quarter profit expectations.
Oil slipped towards $56 a barrel on Wednesday, under pressure from expectations of persisting oversupply in world markets and an industry report saying U.S. crude stocks rose further from a record high.
A Muslim Brotherhood member who recently was hosted at the State Department along with several of the Islamist group's key allies now claims that a White House official also was present in that meeting, according to recent remarks.
AOL Inc, owner of the Huffington Post news website and the TechCrunch blog, reported a 4.6 percent rise in quarterly revenue, helped by strong advertising sales.
An unmanned Dragon spaceship splashed back to Earth on Tuesday after a successful supply run to the International Space Station but its owners were forced to scrub the launch of an important weather satellite on the other side of the continent.
Tesla Motors Inc. announced that it changed the time of its question and answer webcast on fourth quarter earnings to 4:30 p.m. PST or 7:30 p.m. EST Wednesday.
Medical technology company Stryker Corp. said Wednesday it is raising its quarterly dividend by 13% to 34.5 cents a share.
The Greek finance minister said he was ready for a clash with Germany and its allies over his nation's determination to scrap austerity measures and end cooperation with officials overseeing the bailout program, and demand debt restructuring.
A drop in home entertainment sales at Warner Brothers, the company's studio division, pushed earnings and revenue down slightly to end 2014, even as HBO and Turner continued to be the main engines driving the industry.