The Federal Reserve unanimously approved Capital One Financial (COF)'s $9.2 billion purchase of ING Groep NV (INGA)'s online banking unit in the United States, sealing the biggest merger since the Dodd-Frank law enacted stricter reviews of such deals.
The winner of Saturday's $336.4 million Powerball jackpot in Rhode Island has yet to claim his or her prize, leaving many to wonder if the lucky winner is even aware of the lottery win. Find out what the winning numbers were, why the jackpot was so big, and what will happen to the money if the winner doesn't step forward here.
A massive fire swept through an overcrowded prison in Honduras and killed more than 350 inmates, including many trapped inside their cells, officials said on Wednesday.
Prosecutors have appealed the acquittal of U.S. student Amanda Knox, who was on trial in Italy for the murder of her British roommate, Meredith Kercher, in the university town of Perugia about four years ago.
China will continue to invest in euro zone government debt and it remains confident in the euro, the country's central bank governor said on Wednesday, while calling on Europeans to produce more attractive investment products for China.
Applications for home mortgages slipped last week, pulled lower by a steep drop in demand for home purchases, an industry group said on Wednesday.
Iran President President Mahmoud Ahmadinejad has already asserted that Iran will never halt its uranium enrichment program.
Many of the victims suffocated or were burned to death in the blaze that began late on Tuesday night at the prison in Comayagua, about 75 kilometers (45 miles) north of the capital Tegucigalpa.
Deere & Co., the world's largest maker of farm tractors and combines, reported a 3.7 percent fiscal first quarter earnings increase that topped analysts' estimates, as U.S. farmers flush with cash update aging fleets.
People registered to vote in multiple states; people remaining on official voting rolls after they have died; people denied access to the ballot box because of a misspelled name or mismatched address. These are a few of the implications of widespread flaws in voter registration identified in a new study by the Pew Center on the States.
The euro zone economy's shrunk at the end of 2011 as the sovereign debt crisis crushed a recovery and looked set to push the bloc into mild recession, but a north-south divide was evident as France grew while Italy slumped.
Comcast Corp (CMCSA.O) on Wednesday posted a better-than-expected rise in quarterly profit driven by strong video and Internet subscriber additions, though it was hindered by weak performances at its NBC Universal broadcast and movie units.
Indian parents pressure their children to succeed in academics and to shun 'frivolous' pursuits like sports, arts and music
Kellogg Co. said on Wednesday it will buy the Pringles business from Procter & Gamble Co for $2.7 billion in cash, as it aims to build its position in the global snacks market comparable to its strength in the cereal business.
Stock index futures rose Wednesday, buoyed by comments from China's central bank chief that the country would keep investing in euro zone debt and better-than-expected data from Germany and France.
Two lucky women and two men became the first same-sex couples to wed in the 61st-floor area of the Empire State Building, New York, Tuesday, following the legalization of gay and lesbian marriages by the NYC government in June, 2011.
Thai investigators believe they have found a link between this week's bomb blasts in Bangkok and New Delhi, a senior security official said on Wednesday, two of three botched attacks Israel has blamed on Iran.
Proview Technology, the Chinese firm embroiled in a legal battle with Apple Inc (AAPL.O) over the iPad name, said on Wednesday that Chinese customs authorities had told it that any ban on the import or export of the popular tablet PCs would be difficult to impose due to the sheer size of the market.
Rising costs, an uncertain regulatory environment and intellectual property rights violations are among the top challenges for U.S. companies in China, a survey showed.
AngloGold Ashanti, the world's third-largest gold producer, became the latest South African miner to report a surge in output-disrupting safety stops on Wednesday as it unveiled a sharp fall in fourth-quarter earnings.
Gold gained half a percent on Wednesday, on course for its biggest one-day rise in a week, on hopes Greece would deliver on a commitment to implement tough austerity measures and on China's pledge to keep investing in euro zone government debt.
Warren Buffett's Berkshire Hathaway Inc. has revealed new investments in DaVita Inc. and Liberty Media.
