The Arctic Circle holds enough recoverable oil supplies to meet current world demand for nearly three years, according to a new U.S. Geological Survey forecast.


EMC, the world’s biggest maker of corporate storage equipment, posted higher profit as international sales grew 27 percent and U.S. sales rose 10 percent.


The fall of one of Russia’s most prominent foreign investors points to the official corruption that afflicts the country.


Sigma develops a compact camera with a huge sensor. Let the euphoria begin? Not so fast…


The online retailer Amazon.com reported that net income for the second quarter more than doubled on strong sales.


Nonprofit groups that aim to boost local development are bubbling up around the country and are often the biggest sources of start-up financing for tech ventures in their regions.


The German auto parts giant Continental warily embraced a takeover approach from the Schaeffler Group, but it rejected the current offer as inadequate.


The Fed’s “beige book” report showed that the country slogged through slower economic growth and rising prices during the summer.


The company, which has agreed to be sold to InBev, the Belgium-based brewer, said it had stronger sales of its main brands and said it would soon raise prices.


In a move that makes him the emperor of designer cool, Renzo Rosso, the owner of Diesel and of hip young denim brands, has taken a controlling stake in Viktor & Rolf, the label of the Dutchmen Viktor Horsting and Rolf Snoeren.


 
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