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Bayer CropScience LP must pay about $2 million for losses sustained by two Missouri farmers when an experimental variety of rice the company was testing cross-bred with their crops, a federal jury ruled.
Friday’s verdict in St. Louis came in the first trial in what is intended to be a series of test […]

China’s automakers may dominate their home market, now the world’s largest, but the collapse of the sale of Saab to a Chinese-backed group shows it will be a bumpy ride for them to build a global profile.
Beijing Automotive Industry Holding Corp (BAIC) ranks 10th among China’s automakers, who are looking for a short cut […]

A wave of consolidation may sweep through U.S. small business lenders as the beleaguered industry seeks to take advantage of low valuations to combine with rivals or other large companies in a bid to survive.
Once a dominant player in the business development companies (BDC) industry, American Capital Ltd, which recently restructured its debt, may […]

After weeks of partisan debate, the Senate voted on Wednesday to lengthen unemployment benefits by up to 20 weeks and to extend the $8,000 homebuyer tax credit.
The closely watched legislation would extend jobless benefits in all states by 14 weeks. Those that live in states with unemployment greater than 8.5% would receive an additional […]

China’s vast manufacturing sector expanded in October at the fastest rate in 18 months, a survey showed on Sunday, and economists said they expected the momentum to be sustained in the coming months.
The purchasing managers’ index (PMI) issued by the China Federation of Logistics and Purchasing rose to 55.2 last month, the highest level […]

Millions of lottery players will be able to double their bets because of a deal announced Wednesday by the two powerhouses of the business.
Mega Millions and Powerball, the country’s largest lotteries, will allow stores in many states to sell both lotteries.
"We have reached an agreement to see if we can work together and cross-sell […]

Latvia will seek to strike a last- minute agreement on budget cuts today to satisfy bailout terms in the latest round of brinkmanship that has tested the patience of the country’s international loan donors.
Prime Minister Valdis Dombrovskis has signaled his Cabinet will agree on an additional 175 million lati ($362 million) in cuts […]

Employers cut more jobs from their payrolls in September and the unemployment rate hit another 26-year high, as the long-battered U.S. labor market took an unexpected turn for the worse, according to a government report Friday.
The Labor Department said there was a net loss of 263,000 jobs in the month, up from a revised […]

The number of U.S. metropolitan areas with jobless rates above 10% decreased in August, according to government figures released Wednesday.
The Labor Department said 129 of 372 metropolitan areas surveyed suffered unemployment rates of at least 10% last month. That was down from 139 metro areas in July.
The number of urban centers with unemployment […]

A top executive for Chrysler Group, the carmaker that recently went through a government-sponsored bankruptcy, is having more than $1.4 milliion of his own financial headaches.
Jim Press, Chrysler’s deputy chief executive, has had a lien for $947,409 placed on his home by the Internal Revenue Service, according to records from Oakland County, Mich., […]