Black market currency traders in Sudan put their business on hold on Sunday to assess the impact of new government measures aimed at closing a wide gap between the official and unofficial forex rates.

From Monday, official foreign exchange bureaus will be allowed to buy and sell dollars based on the unofficial market rate [...]

By Stephen A. Yoder

(The Birmingham News illustration/Jody Potter)

The hostile takeover battle between Martin Marietta Materials and Vulcan Materials so far has been mainly a clash of legal issues, but buried in the crushed stone of the recent 138-page opinion of the Delaware Chancery Court on the battle is a little gem that [...]

Camp David, [...]

So the hysterically hyped public offering of Facebook disappointed millions on Friday who’d anticipated a blast-off to the moon.

But millions more were thrilled by its ho-hum debut, including me.

Why do we revel in this momentary setback for the $19 billion man, Mark Zuckerberg, even if it’s but a blip in his sea of [...]

CAMP DAVID, Md. — In a significant political victory for President Obama, the leaders of Germany and other European nations endorsed a policy of economic growth over austerity and emphasized that Greece, which is trying to battle its way out of a [...]

As early as 2010, the senior banker who has been blamed for the debacle, Ina Drew, began to lose her grip on the bank’s chief investment office, according to current and former traders. She had guided the bank through some of the most rugged moments of the 2008 financial crisis, earning the trust of [...]

CHICAGO — Three activists who traveled to Chicago for a NATO summit were accused Saturday of manufacturing Molotov cocktails in a plot to attack President Obama‘s campaign headquarters, Mayor Rahm Emanuel‘s home and other targets.

But defense lawyers [...]