Dell to Start Paying a Dividend

Dell said it plans to pay a stock dividend beginning in its fiscal third quarter, as the computer maker looks to increase shareholder value.

This Moody's Man Is Giving Banks the Blues

Not many people have heard of Gregory Winans Bauer. But he could cost U.S. banks billions.

Broad Rally in U.S. Stocks

BP Starts Galapagos Oil, Gas Project

BP said it began the start-up process of Galapagos, one of its major oil-and-gas projects in the deep-water Gulf of Mexico and first big project start-up in the area since 2009.

ING to Pay $619 Million Over Cuba, Iran Dealings

The Dutch bank illegally moved billions of dollars through the U.S. banking system on behalf of Cuban and Iranian clients and threatened to fire employees if they failed to conceal the origin of the money.

Gupta Defense Rests in Insider Trial

Former Goldman Sachs director Rajat Gupta didn't testify in his own defense. The jury could begin deliberations in the insider-trading case late Wednesday.

A123 Discloses New Battery Advance

Battery maker A123 Systems said it had made an advance in battery chemistry that will allow its cells to be used in extreme hot or cold without costly heating or cooling gear.

Mortgage Malaise Goes On as PNC Boosts Its Reserves

PNC Financial Services Group will set aside an additional $350 million in second-quarter reserves to cover demands to repurchase bad mortgages as questionably originated home loans continue to plague lenders.

Starbucks Struggles in Europe

Starbucks said its business in Europe is struggling "more than expected" in the current quarter, due to broader economic challenges and store-management issues.

India Data Add Pressure for Rate Cut

India's industrial output was flat in April, deepening worries of an economic slowdown in Asia's third-largest economy and upping the pressure on the central bank to cut interest rates next week.

TiVo, PayPal to Enable Shopping Through Ads

TiVo is working with advertisers and agencies to develop PayPal-enabled commercials, allowing people to make instant purchases through interactive ads on their video recorders.

Europe Fails to Hold Back Michael Kors Profit

Michael Kors continued to post strong growth in its most recent quarter, even in crisis-weary Europe, where it had trouble getting enough of its luxury apparel and accessories to customers.

Insurers Stand Firm on Benefits

Three of the biggest U.S. health insurers said they plan to keep offering some benefits now required under the federal health overhaul legislation, even if the Supreme Court strikes down the entire law.

Google Settles French Lawsuits

Google's effort to digitize the world's books inched forward as the search giant struck deals with French authors and publishers for them to withdraw lawsuits over the program.

BMW, Audi Post Sales Records

BMW and Volkswagen's Audi brand said their monthly sales rose to records in May, putting the two best-selling luxury-car makers on course for another bumper year.

Pay Packages Stir Unrest for Mining Deal

The investor revolt sweeping the U.K. could claim an even bigger casualty: commodities giant Glencore's proposed merger with miner Xstrata.

China Metals Output Softens

Growth in China's production of industrial metals including bellwether crude steel mildly slowed in May from the previous month as broader macroeconomic demand weakened.

Saudi Arabia Defends Oil Output Jump

Saudi Oil Minister Ali al-Naimi vowed to pump oil as needed and implied that he favors a higher production ceiling for OPEC ahead of a meeting of the organization.

Spain's Bailout Boost Turns to Global Rout

Investors gave a thumbs down to Spain's planned bank bailout, setting off a global market rout that puts the country and the euro zone in a dire position.

Foreign Buyers Binge on U.S. Homes

Foreign buyers are snapping up U.S. residential real estate, drawn by bargains and the dollar's weakness against some currencies.