Chrysler says it will add nearly 900 jobs early next year at a factory in suburban Detroit that makes midsized cars.

A lobbyist for Rupert Murdoch's News Corp. testified Thursday that he thought a U.K. government minister knew that one of his aides was providing Murdoch's company with information on its bid to take over the British Sky Broadcasting satellite network.

U.S. bank earnings rose in the first three months of the year to the highest level in nearly five years. The number of troubled banks fell for the fourth straight quarter.

Spanish oil company Repsol says an offshore block near Brazil's coast contains at least 1.2 billion barrels of oil equivalent, one of the globe's largest finds this year.

European stocks recovered Thursday from heavy losses the previous day, while the euro touched a 22-month low after the continent's leaders failed to reach a breakthrough in their crisis resolution efforts.

(Reuters) - Kuwait's state-run chemical company must pay Dow Chemical Co $2.16 billion under an arbitrator's ruling for wrongly cancelling a planned plastics joint venture in 2008, Dow said on Thursday. The ruling against Petrochemical Industries Co (PIC) of Kuwait by the International Chamber of Commerce's International Court is final ...

WASHINGTON (Reuters) - New claims for unemployment benefits fell slightly last week, while two reports on manufacturing suggested the economy continued to expand moderately. Initial claims for state unemployment benefits slipped 2,000 to a seasonally adjusted 370,000, the Labor Department said on Thursday. The four-week moving average, considered a better ...

Stock indexes are little changed in early trading after a European economic summit delivered no concrete solutions for the region's debt troubles.