A $295 billion trade deficit with China resulted in the loss of 2.7 million U.S. jobs in the past decade, with the biggest impact in California’s Silicon Valley, according to a report from the Economic Policy Institute.
Chris Estrella, a Filipino social worker, says he led a troop of five porters out of a Mindanao jungle in January 2000 with a weather-beaten iron and leather box crammed with $25 billion of U.S. government bearer bonds.
Westinghouse Solar Inc. said it filed a patent-infringement complaint at the U.S. International Trade Commission seeking to block imports of solar-power systems made by Zep Solar and Canadian Solar Inc.
A court-imposed sanction against EchoStar Satellite LLC, for “egregious” conduct in destroying e-mail evidence, may jeopardize the company’s defense of a $2.5 billion Cablevision Systems Corp. contract suit.
Hundreds of people braved below- freezing temperatures to witness a pretrial hearing for Jerry Sandusky, the former Pennsylvania State University assistant football coach accused of sexually abusing boys.
Texas’s Permanent School Fund may hire in-house money managers to oversee its $25 billion in assets because returns are being “eaten alive” by hedge-fund fees, according to Chief Investment Officer Holland Timmins.
Evercore Partners Inc. and Greenhill and Co . will be able to pay employees guaranteed bonuses forbidden at rival deal advisers such as NM Rothschild & Sons Ltd., after escaping scrutiny from the U.K. Financial Services Authority.
Free-trade agreements boost U.S. economic growth by more than $300 billion a year, led by increased commercial business with Canada and Mexico, the U.S. Chamber of Commerce said in a study being released today.