When it comes to making our kids happy, it can be easy for parents to overspend.

Energy producers have shut in nearly 9% of the U.S. Gulf of Mexico's oil production as a strengthening Tropical Storm Isaac continues its approach over Cuba.

Car-rental company Hertz Global Holdings Inc. is close to sealing a deal to acquire Dollar Thrifty Automative Group Inc. , the Wall Street Journal and other news services reported Saturday.

Florida on Saturday declared a state of emergency due to Tropical Storm Isaac, which was forecast to make landfall as a hurricane Sunday or Sunday night.

LA ROCHELLE, France--The French government has asked European Union authorities to put South Korean car maker Hyundai Motor Co. (005380.SE, HYMLY) under surveillance for dumping on the French market.

Canada's Rogers Media Inc. (RCI) said Saturday it has agreed to buy all of Score Media (SCRFF, SCR.T) and a 10% equity interest in Score Digital for 167 million Canadian dollars ($167 million).

Aside from a tough job market, new college graduates also face a challenging credit landscape this year.

French retailer Carrefour (CA.FR) will inform its works council Aug. 29 that it plans to eliminate between 500 and 600 jobs at its French headquarters that currently employ 7,500, according to a report in Saturday's edition of Le Figaro.

Former billionaire Madeleine Schickedanz and her creditors are close to reaching an out-of-court settlement, German daily newspaper Sueddeutsche Zeitung reports Saturday, citing people close to the matter.

U.K. retail giant Tesco PLC (TSCO.LN) may be poised for a further slowdown of its expansion in China after it closed four provincial hypermarkets, the Times in London reported Saturday.