Defense contractors General Dynamics, Northrop Grumman see profit, revenue rise

Numbers rise for companies in third quarter as both brace for a slowdown in defnse spending.

Satisfied with Google's promise to restrain Street View, FTC drops privacy-breach probe

The federal government has ended an inquiry into a privacy breach involving Google's Street View service, satisfied with the company's pledge to stop gathering e-mail, passwords and other information from residential WiFi networks as it rolls through neighborhoods.

Convicted corporate executive arrested in Mexico after 2 years on the lam

Rebecca S. Parrett was convicted in a $2.8 billion fraud that led to the collapse of one of the nation's largest health-care financing companies, a debacle that forced a hospital in the District and hundreds of other health-care providers into bankruptcy.

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Economic reports: Aircraft sales boost durable-goods orders; new-home sales up

A surge in demand for commercial aircraft lifted orders for big-ticket manufactured goods in September, but businesses spent less on products that would signal expansion.

Credit card companies cash in on students by pushing plastic on campuses

Wells Fargo acknowledges problems in foreclosure paperwork

NEW YORK - Wells Fargo, which has stood by its foreclosure paperwork for weeks as other major lenders discovered errors and halted sales, conceded Wednesday it had discovered some flaws in its documents as well.

Federal bailout oversight panel raises alarms over foreclosure crisis

Members of a panel charged with monitoring the government's bailout programs expressed alarm and frustration over the potential repercussions of the escalating home foreclosure crisis during a hearing Wednesday on Capitol Hill.

Most Americans worry about ability to pay mortgage or rent, poll finds

A majority of Americans now say they are worried about making their mortgage or rent payments, underscoring the extent of economic anxiety in the country heading into midterm elections.

Constellation clinches deal with EDF, exits nuclear venture

Constellation Energy settled its dispute with French utility giant Electricite de France on Tuesday, selling its half of a joint venture to develop new nuclear power plants and dropping its threat to exercise an option to force EDF to buy a dozen aging fossil fuel plants.

Mortgage scandal boosts investors' campaign to get banks to buy back securities

Since the financial crisis broke out two years ago, unhappy investors in mortgage securities have struggled to organize themselves and achieve a common goal - force big banks to buy back loans that went bad because of shoddy lending practices.