The state attorney general said he would not appeal the dismissal of the remaining claims against Richard A. Grasso, the former New York Stock Exchange chief.

Starbucks now plans to close a total of 600 stores and eliminate as many as 12,000 full- and part-time positions.

The International Energy Agency said that demand for oil should continue to climb, despite the doubling of oil prices and the weakening economic growth.

A judge ordered the release of the names of clients suspected of evading taxes through secret accounts.

Microsoft said it had agreed to buy Powerset, a start-up that is working on a new class of Web search that relies on insights from linguistics rather than simple keyword strings.

June was the worst month yet in a miserable year for the automobile industry, as Ford, G.M. and Toyota posted double-digit declines in their sales.

Oil closed at a new record near $141 a barrel Tuesday on worries about tight supply and mounting tensions in the Middle East.

A New York appeals court has ordered the remaining claims dismissed against the former chief of the New York Stock Exchange, Richard A. Grasso, over his $187.5 million compensation package.

With both sides of the Atlantic suffering from sagging growth, soaring inflation and shaky banks, the Treasury secretary tries to reassure Europe that the U.S. will right its economy.

Already under intense scrutiny for its role in the credit crisis, the Moody’s Corporation said that some employees violated its code of conduct in rating some complex European securities.