President Barack Obama said on Tuesday he had seen hopeful signs that Congress would pass a payroll tax cut extension for the full year, as he kept pressure on lawmakers to take action he said was needed to keep the U.S. recovery on track.
Avon Products Inc reported weaker-than-expected fourth-quarter results as sales slid in every market except Latin America and the company saw a sharp drop in the number of representatives essential to selling its cosmetics directly to consumers.
Amazon.Com Inc, which has been spending heavily on expansion, said it will spend more than $90 million to open a fulfillment center at Middletown in Delaware.
President Barack Obama said on Tuesday he had seen hopeful signs that Congress would pass a payroll tax cut extension for the full year, as he kept pressure on lawmakers to take action he said was needed to keep the U.S. recovery on track.
The decision that freed Amanda Knox may be overturned. On Tuesday, Italian prosecutors appealed to the country's highest criminal court against overturned convictions of murder against American Amanda Knox and her former boyfriend Raffaele Sollecito. The two allegedly brutally murdered a British student, Meredith Kercher.
The S&P 500 index retreated on Tuesday from near a seven-month high after weaker-than-expected January U.S. retail sales data curbed investors' appetite for risky assets.
Avon Products Inc reported weaker-than-expected fourth-quarter results as sales slid in every market except Latin America and the company saw a 3 percent drop in the number of representatives who sell its cosmetics directly to consumers.
President Barack Obama said on Tuesday he had seen some hopeful signs that Congress would pass a payroll tax cut extension for the entire year, as he maintained pressure on lawmakers to take action he said was needed to keep the U.S. recovery on track.
The Bank of Japan said Tuesday it increased its asset buying program by $130 billion and set an inflation target of one percent to stimulate economic growth and combat deflation.
Retail sales rose less than expected in January, hurt by discounting in the auto sector, but a rebound in an underlying measure of sales suggested a solid underpinning for the economy's recovery.
Menswear, the perennial poor relation of women's high fashion, is staking a larger claim on the lucrative fashion stage, as retailers tap a growing men's clothing market and runways in New York reflect American men's rising interest in high fashion.
Retail sales rose less than expected in January as consumers cut back on car purchases and did less online shopping.
Just one day after a 5.6-magnitude earthquake hit northern California, two other earthquakes hit nearby early Valentine's Day: a 5.1-magnitude quake in northwest Mexico and a 3-magnitude earthquake in southern California.
Governments in developed countries provide a wealth of information on international business. This is especially true for U.S. businesses looking for help from the U.S. government.
In the United States, it is often said that there is an obesity epidemic and that the Europeans are known for eating healthier than their neighbors across the pond. However, someone needs to tell that to Keith Martin.
Treasury Secretary Timothy Geithner warned on Tuesday that Europe's debt problems along with the slowdown in other major economies present potential impediments to U.S. growth.
The robbery of Supreme Court Justice Stephen Breyer on the island of Nevis highlights a growing concern for vacationers about the safety of the Caribbean Islands.
Millions of Iranians have suffered serious disruption recently in accessing email and Internet social networking sites, raising concerns authorities are stepping up censorship of opposition supporters ahead of parliamentary elections next month.
A Chinese tech firm that says it owns the iPad trademark, plans to seek a ban on exports of Apple Inc's computer tablets from China, a lawyer for the company said.
Wynn Resorts Chief Executive Officer Steve Wynn played down a U.S. regulatory inquiry into a company donation at the heart of a bitter legal battle embroiling his $15 billion casino empire, hitting back at his largest shareholder and accuser in a memo to employees.
India's determination to pursue trade with Iran despite Western sanctions could be undermined as wary exporters back away from fresh deals following a bomb attack in New Delhi blamed on Tehran, a trade association chief said on Tuesday.
Wall Street was set for a lower open Tuesday after weaker-than-expected January U.S. retail sales data curbed investors' appetite for risky assets.
