Reuters - Alaska Governor Frank Murkowski on Wednesday suggested that BP Plc misled the state with satisfactory maintenance reports and launched an investigation into the oil giant's handling of its pipeline corrosion.

Reuters - Google Inc. has warned investors that a sharp rise in spending on its data centers and increased cash compensation could crimp its finances, the Web search company said in a quarterly financial report filed on Wednesday.

The iconic Covent Garden market and piazza sells for $802 million to Capital and Counties, a subsidiary of property firm Liberty International. The Covent Garden Market Partnership has agreed to include the market, as well as properties on Floral Street, James Street, Long Acre, Tavistock, in the...

AFP - More than three million customers of global banking giant HSBC have been left vulnerable while banking over the internet for more than two years because of a security flaw, a newspaper reported.

Investor's Business Daily - Congress reformed 401(k) plans with a set of relatively small tweaks on Aug. 3.

Delta Air Lines Inc. reports a loss of $2.21 billion in the second quarter, despite an increase in passengers and higher ticket prices. The net loss equaled $11.18 per share in the three-month period. This compares to a loss of $388 million, or $2.64 per share, in the same quarter a year prior....

Reuters - American International Group Inc., said on Wednesday earnings fell 29 percent as revenues declined, realized losses on investments widened, and business in Asia trailed off.

Reuters - A federal judge on Wednesday delayed a decision on whether flight attendants at bankrupt Northwest Airlines have a right to strike as a means to pressure the company back into contract negotiations.

Reuters - Delta Air Lines Inc. on Wednesday reported a wider quarterly loss as it paid out more than $2 billion in bankruptcy related costs.

U.S. stocks fell at the middle of the week, as investors continue to worry about American economic strength and the rising cost of oil. The Dow Jones Industrial Average lost 97.41 points to 11,076.18. The Nasdaq Composite Index was virtually unchanged, losing 0.57 of a point lower to close at...

Reuters - Media conglomerate Viacom Inc. on Wednesday posted a 27 percent rise in second-quarter profit, beating Wall Street estimates, on advertising sales growth at its MTV Networks, boosting its shares nearly 4 percent.

AP - The 401(k) retirement savings plan is getting the biggest overhaul in its 25 year history.

MTV Networks announces it will acquire Atom Entertainment Inc for $200 million. Viacom Inc., which owns MTV, says it expects the deal to be completed in the third quarter. Atom Entertainment is a privately held online video and game company....

Reuters - Two former executives of Comverse Technology Inc. surrendered to FBI agents on Wednesday as authorities brought fraud charges against them, as well as the software group's co-founder, in a widening U.S. investigation of corporate stock option manipulation.

Reuters - Cisco Systems Inc.'s strong quarterly results and upbeat outlook pushed up tech shares on Wednesday, cheering investors who had beaten down the sector after weak results from other tech heavyweights.

The Motley Fool - The last of our gang of online-banking software providers straggled in with its earnings report on Tuesday, and I must say that the earnings looked a bit -- what rhymes with "straggled?" -- ah, bedraggled.

The Motley Fool - The last of our gang of online-banking software providers straggled in with its earnings report on Tuesday, and I must say that the earnings looked a bit -- what rhymes with "straggled?" -- ah, bedraggled.

Reuters - H.J. Heinz Co. , locked in a proxy battle over board seats, on Wednesday said sales in its just-ended fiscal quarter rose more than 7 percent, driven by new products and strong marketing.

Philippine Energy Secretary Raphael Lotilla revealed on Wednesday that oil giant Petron Corp. has committed itself to sign any deal with a company or group that will produce ethanol from sugarcane. Lotilla, who is visiting Bacolod City, Negros Occidental in the Philippines to discuss the...

Reuters - The U.S. Securities and Exchange Commission has brought fraud charges against three former officers of software group Comverse Technology Inc. alleging manipulation of stock option grant dates, according to court documents released by the SEC on Wednesday.