If you thought that Americans as a whole were unprepared for a secure retirement, you should see the ones who have lost their job.A report from the Transamerica Center for Retirement Studies finds many unemployed and underemployed workers have been dipping into their retirement accounts to fund

The right names in corporates took advantage of a supportive financial climate Thursday and turned to the European bond market, as the cost of insuring European corporate debt against default fell amid the summer recess in crisis hit Europe.

Goldman Sachs Group Inc. (GS) reported six days of trading losses in the second quarter, up from one loss day in the first quarter, according to its quarterly regulatory filing.

Kinross Gold Corp. (KGC) said early Thursday it has named Chief Operating Officer Brant Hinze to the additional role of president as the gold miner turns its focus to cutting costs across its operations.

Tata Motors Ltd. (TTM) Thursday posted a 12% rise in its fiscal-first-quarter consolidated net profit, but missed market estimates as an eightfold increase in foreign-exchange losses offset most of the gains from higher vehicle sales at its U.K. unit Jaguar Land Rover Plc.

HSBC Thursday cut its outlook on platinum and palladium prices through 2014, although it expects production cutbacks to eventually lend support to prices.

Infosys Ltd. (500209.BY) said Thursday a former employee has sued the outsourcing-services provider in the U.S. over alleged abuse of visa rules, deepening the Indian company's legal troubles in a market that accounts for most of its revenue.

India is likely to commence the next round of stake sales in state-run companies with an initial public offering in Rashtriya Ispat Nigam Ltd. in September, as New Delhi seeks to take advantage of recent stability in the stock market to bolster revenue and rein in its budget deficit.

Oil futures climbed mildly, buoyed by supply disruptions in the Gulf of Mexico and hopes that disappointing Chinese data will prompt the country to unleash more stimulus measures.

Continental Resources Inc.'s (CLR) second-quarter earnings surged 70% as the oil and natural-gas producer benefited from gains on derivatives and also recorded strong oil and natural-gas sales.