UPS said it will raise rates an average of 4.9% for packages shipping by ground and air, including packages sent overseas.

Richard Anderson, chief executive at Delta Air Lines Inc., said the SkyTeam alliance of global carriers would be willing to invest more than its proposed $1.02 billion into ailing Japan Airlines Corp. as it tries to cement a trans-Pacific partnership.

The charitable trust that controls Hershey is pushing the chocolate maker to launch a rival $17 billion bid for Cadbury, which is also being stalked by Kraft.

Sen. Nelson said he will vote to advance the Senate health-care bill in a crucial procedural vote, the first of three Democratic holdouts to back the measure.

Stocks fell for a third straight day and the dollar rose as investors sought to remove some risk from their portfolios, pushing some short-term interest rates to near zero.

J.P. Morgan Chase agreed to drop arbitration clauses from its credit-card agreements as it reached a tentative settlement of a lawsuit over cardholder disputes.

The Army tapped its top officer in Europe, Gen. Carter Ham, to lead an intensive 45-day probe into whether it could have done more to prevent the Fort Hood shootings.

Crews are racing to finish James Cameron's ambitious, effects-heavy sci-fi tale before its scheduled Dec. 18 release.

Morgan Stanley closed the chapter on its disastrous $6.5 billion acquisition of Crescent Real Estate Equities by handing the keys to lender Barclays.

The Bank of Japan faces mounting pressure to loosen its policy as deflation tightens its grip on the nation's economy.

Some of Goldman Sachs's largest shareholders have urged the firm to reduce its bonus pool, arguing the company should pass along more of its blockbuster earnings to investors.

The European Central Bank announced its first active step to unwind the stimulus measures it has used to support the financial sector since the global crisis last year.

Political frustration over Wall Street's rescue and high unemployment erupted in Congress, with one panel threatening tighter scrutiny on the Fed and another excoriating Geithner.