Haiti Aid Effort Goes Awry

The story of a U.S. disaster-relief group, blocked by broken-down trucks, miscommunication and epic traffic jams, offers a textbook example of why it's still so tough to deliver aid in Haiti.

Bernanke Wins New Term

Bernanke handily won the backing of the Senate for a second four-year term as Fed chairman, but he still faces formidable political and economic challenges.

IPad Changes App Landscape

Apple's new iPad has the potential to be both a blessing and a curse to the growing ranks of companies that have developed more than 140,000 applications for the iPhone.

AIG Staff Accept Bonus Cuts

Most employees at the financial-products unit of AIG said they would accept cuts in a batch of March retention awards if the bonuses are paid out as early as next week.

Toyota Has a Fix for Stuck Pedals

The Japanese car maker is close to a repair for the sticking gas pedal that caused the company to halt sales on eight models. The recall stemming from the issue spread to Europe and China.

Amazon Net Soars 71%

Amazon said sales jumped 42% during the holiday quarter, and the Internet retailer forecast continued gains this quarter.

Greece Makes Austerity Vows

As speculative pressure intensified against Greece in European financial markets on Thursday, senior figures in the Greek government sought to bolster confidence that it will repay its debts on time.

Burkle Angles for Barneys Stake

Billionaire Ronald Burkle is angling to take a controlling stake in Barneys New York.

BNY Mellon in Talks on PNC Unit

Bank of New York Mellon is in final-stage discussions to acquire a unit of PNC Financial Services Group for close to $2.5 billion.

Windows 7 Boosts Microsoft Profit

Microsoft's quarterly profit jumped 60% as the software giant benefited from strong sales of computers running its new Windows 7.

Lockheed Contract Looms Large

Lockheed is placing a big bet on its future with the F-35 fighter-jet program. It is the Pentagon's biggest weapons contract to date.

Samsung Swings to a Profit

South Korea's Samsung Electronics said that it swung to an operating profit in the fourth quarter and expects profitability to improve in the current quarter due to strong chip prices and lower marketing costs.