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Mariner Energy, Inc. shares dropped more than 4 percent Thursday following news that one of its production platforms exploded in the Gulf of Mexico.

Ferrari says it is recalling 1,248 of its “458 Italia” supercars after reports of fires breaking out in five of the luxury vehicles in several countries.

Fed chief Bernanke told a panel investigating the financial crisis Thursday that regulators must be ready to shut large institutions if they threaten to bring down the financial system.

Baby carrot farmers are launching a campaign that pitches the little, orange, crunchy snacks as daring, fun and naughty — just like junk food.

Dell walked away from a bidding contest with rival Hewlett-Packard for data-storage maker 3Par. Dell said it won't match HP's offer to pay $33 per share for 3Par.

It was a glass-half-full day for economic data on Thursday ...

The exotic acai berry has been the superstar in the world of diet supplements. But the federal government is cracking down on false advertising claims and unlawful payment practices

The number of buyers who signed contracts to purchase previously occupied homes increased in July but remained well below last year's levels, a sign that demand for housing remains weak.

The plunge in interest rates has put the nation’s public and private pension funds badly underfunded, leaving pension fund managers with a giant hole to fill.

Automaker General Motors Co plans to begin courting investors for its initial public offering immediately after the November 2 U.S.