Oil prices fell sharply from 2-year highs to near $112 a barrel Monday after President Barack Obama announced that al-Qaida leader Osama bin Laden had been killed.
The dollar rebounded from three-year lows and US crude slid more than 1 percent on Monday after news al Qaeda leader Osama bin Laden was killed in a firefight with US forces reduced the perception of security risks facing the United States.
Oil prices eased off two-and-a-half-year highs to below $113 a barrel Monday after President Barack Obama announced that al-Qaida leader Osama bid Laden had been killed.
Buffett does not spend his time making stock research recommendations, but he is sure of one thing -- America should have a "strong buy" slapped on it.
Spain's unemployment rate rose to 21.3 percent in the first quarter of this year, data from the National Statistics Institute showed on Friday, its highest level in fourteen years.
Samsung Electronics, the world's largest maker of memory chips, televisions and flat screens, said Friday its first-quarter net profit fell 30 percent from a year earlier due to slowing sales of flat panels and TVs.
Microsoft Corp reported a dip in quarterly sales of its core Windows operating system, mirroring a recent downturn in personal computers and sending its shares down slightly.
Warren Buffett will not limit the scope of questions he is asked at this weekend's annual meeting of his conglomerate Berkshire Hathaway (BRKa.N), the iconic investor told Fox Business on Thursday.
More than half of Americans say the US economy is in a recession or a depression despite official data that show a moderate recovery, according to a poll released on Thursday.
Royal Dutch Shell beat forecasts with a 22 percent rise in first-quarter profit, thanks to higher oil and gas prices and fatter refining margins.
Honda Motor Co. says its quarterly profit dropped 38.3 percent due to a slump in car production following last month's earthquake and tsunami.
Japanese consumer electronics giant Panasonic Corp will slash 40,000 jobs over the next two years in a bid to pare costs and keep up with ever-harsher competition from Asian rivals.