Who was the biggest buyer of U.S. commercial real estate in the past 12 months? It wasn't a big private equity firm or luxury developer. Rather, it was the estate of Lehman Brothers, which is still making deals nearly four years after its demise.
British Standard Chartered Bank, which had been accused by New York state's top banking regulator of engaging in illegal money-laundering on behalf of the Iranian regime in an explosive legal filing last week, id settling charges for a fine of $340 million.
Japan and North Korea are to hold their first governmental-level talk for the first time in four years on Aug. 29, the Japanese government announced.
Mitt Romney couldn’t have made a better selection for his vice presidential nominee than Paul Ryan, or a better foil to highlight President Barack Obama’s shortcomings.
Walcott’s accomplishments presents some good news for a country desperately in need of some.
Michelle Obama teased U.S. Olympic gold medalist, Gabby Douglas during her appearance on the Jay leno Show, for eating fast food from McDonald's.
Gamescom 2012 is officially under way, with press conferences from two of the biggest names in the video game industry already finished. Capcom and Electronic Arts have showcased their current projects in the works, but there are still two days left of the European interactive entertainment trade fair
Saks Inc. (NYSE: SKS) and Michael Kors Holdings Ltd. (NYSE: KORS) are both benefitting from wealthy consumers, offsetting global economic turmoil and an uncertain U.S. economy, the companies said Tuesday.
The cost of the 2009 bailout of the U.S. automotive industry by the federal government will cost the country $3.4 billion more than was previously estimated, reports said Tuesday.
Shares of Google (Nasdaq: GOOG), the No. 1 search engine, set a new record high of $672.23 Tuesday, a day after the Mountain View, Calif., announced it would take a $275 million charge for firing 4,000 employees of its new Motorola division.
The Obama campaign is warning that newly-minted vice presidential candidate Paul Ryan's Medicare proposal will "end Medicare as we know it." Mitt Romney has vowed to shield Medicare from what he calls a ruinous cutbacks imposed by the Affordable Care Act. Which campaign is being accurate?
After the U.S. men’s basketball team won the gold at the 2012 Olympics, the American hockey team has a good chance to do the same in Russia in 2014. Here’s a look at the potential Team USA roster.
Taiwan and Japan have an awkward relationship that is compromised and complicated by various intractable issues - namely, Mainland China, which claims Taiwan as its own territory and has compelled most nations of the earth to deny diplomatic recognition of the island.
While most eyes have been on Robert Pattinson post Kristen Stewart Rupert Sanders cheating scandal, another party was involved - Liberty Ross, Sanders wife. The mother of his two young children, Ross has kept relatively low key since photos of her husband's affair leaked. Now, reports are surfacing that the scandal may end in a divorce.
As Microsoft takes on the well-entrenched Apple in the tablets market with the launch of Surface, Windows 8 tablet, an inopportune knife appears directed at its long time hardware partner, Nokia as well.
Retail sales in the U.S. rose in July for the first time in four months and topped economists' forecast as demand rose across the board from cars to building materials, suggesting that the biggest driver of the economy is gaining momentum.
Peter Sands is set to negotiate directly with prosecutor Benjamin Lawsky of New York's Department of Financial Services (DFS), in a bid save its state banking license from being revoked.
Women are still judged and evaluated primarily on their looks.
The Hong Kong occupation protest movement known as Occupy Central is likely to be evicted from its headquarters following a Monday court decision.
Mitt Romney's close ties with Benjamin Netanyahu and his trip to Israel were supposed to attract more Jewish-American votes this fall. But Paul Ryan's proposed budget cuts to Social Security and Medicare might push some senior citizen Jewish-American Florida residents back into the Obama column.
U.S. stock index futures point to a higher open Tuesday amid hopes that central banks around the world will announce stimulus measures to boost the economy and regain the growth momentum.
As India gets ready to celebrate its 66th Independence Day August 15, it appears to be no time to rejoice with its economy faltering as a result of the global economic slowdown and weak governance.