Business

WASHINGTON (AP) -- A top White House economic adviser says the Obama administration's proposed overhaul of financial rules preserves the policy of "too big to fail," and could lead to future bailouts....

WASHINGTON (AP) -- The number of newly laid-off workers seeking unemployment benefits fell for the third straight week, evidence that layoffs are continuing to ease in the earliest stages of an economic recovery....

NEW YORK (AP) -- Rite Aid Corp. on Thursday reported a smaller second-quarter loss than a year ago as it cut expenses, but the nation's third-largest drugstore operator lowered its expectations for the fiscal year due to the weak economy and high unemployment....

Some small firms' pension schemes will be at risk from 2012 when a new government system comes in, a survey finds.

Jaguar Land Rover says it will close one of its plants in the West Midlands after 2014, but there will be no net job losses.