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Greek political leaders agreed to more austerity measures that could pave the way for a new bailout and debt-restructuring deal, but euro-zone finance ministers hadn't signed off on the deal as talks continued late Thursday evening.
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Lehman Brothers is suing Citigroup in an effort to recover $2.5 billion transferred to Citi in the months before Lehman's September 2008 bankruptcy filing.
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LinkedIn's profit jumped 30% and its revenue more than doubled, providing a lift to the young social-networking industry ahead of Facebook's IPO later this year.
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Ford said finance chief Lewis Booth and Derrick Kuzak, chief of global product development, would retire April 1, ending the tenure of two important architects of the car maker's turnaround.
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Southern Co.'s application for the first new U.S. nuclear reactor in decades received the blessing of the Nuclear Regulatory Commission on Thursday. The agency's chairman was the lone dissenter.
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Idled U.S. workers filed a smaller number of new jobless benefit claims last week, an unexpected decrease that gave further indication the jobs market is improving.
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Oracle agreed to acquire online-software maker Taleo for $1.9 billion, in the latest sign that the software industry's old guard is embracing a newer model.
