Central bankers are approaching a deal to set an explicit inflation target, a top Federal Reserve official said, part of a campaign to boost the economy by guiding expectations on interest rate policy.
Employment growth accelerated last month and the jobless rate dropped to a near three-year low of 8.5 percent, the strongest evidence yet the economic recovery is gaining steam.
BeachMint, a 14-month old social commerce focused fashion retailer, began shipping to Canada just a few weeks ago. The move was the beginning of a meticulously planned international expansion to come.
Apple shares neared their all-time high of $426.70 Friday after reports the computer giant might bid for TV rights for the English Premier League. The league includes the U.K.’s biggest football, or soccer clubs.
A few months before MF Global collapsed in bankruptcy, some top executives at the futures firm were talking about a plan code-named "Project Honeydew" as a way of freeing-up badly needed capital and cash.
A few months before MF Global collapsed in bankruptcy, some top executives at the futures firm were talking about a plan code-named Project Honeydew as a way of freeing-up badly needed capital and cash.
Two top Federal Reserve officials on Friday pushed the case for more stimulus from the U.S. central bank to help the economic recovery, each zeroing in on the country's weak housing market.
The futures regulator has been investigating whether the CME Group did enough to safeguard customer money before the collapse of MF Global last year, sources said on Friday.
The FDA's highly praised announcement only applies to a drug that is barely used by the agricultural industry.
Friday's stronger-than-expected December U.S. jobs growth figures drew a sharp contrast with European numbers, but staffing executives who track labor demand on both sides of the Atlantic caution Europe's impact on jobs in the United States may yet prove deeper than it has so far.
JAN 6 - Coca-Cola Co and Nestle SA said on Friday that Coke's license for the Nestea ready-to-drink tea brand would expire at the end of this year and that the companies' tea joint venture would now focus on Europe and Canada.
Japan's Sony Corp will promote its consumer business chief Kazuo Hirai to the role of president as early as April, taking the title away from Howard Stringer, who is expected to remain chairman and CEO, the Nikkei newspaper reported
European shares ended little changed on Friday, with many investors happy to cash in on three weeks of gains ahead of the start of the U.S. fourth-quarter earnings season on Monday.
American Airlines, US Airways, and United Continental have all joined Delta in adding a $3 surcharge to fares purchased in the United States for flights to Europe in response to the EU's new Emissions Trading Scheme (ETS).
European film subscription service Lovefilm has signed deals to give its members access to past BBC and ITV television shows including Doctor Who and Prime Suspect, it said ahead of an expected imminent launch of rival Netflix in Britain.
The new Savannah Smiles Girl Scout cookie flavor, launched for the organization's annual cookie sale getting underway and in conjunction with the Girl Scouts 100th anniversay, is a lemony delight.
General Motors said on Thursday that it has enhanced the vehicle structure and battery coolant system in its maligned battery-powered Chevrolet Volt, in an attempt to prevent the battery from catching on fire days or weeks after a serious crash.
Stocks were slightly lower on Friday as investors were pulled in a tug-of-war between strong domestic data and continued concerns about Europe's debt crisis.
The estate of Lehman Brothers is battling Bank of America and Barclays in court over the sale of Archstone, the large multifamily housing landlord that real estate mogul Sam Zell's Equity Residential is seeking to buy.
Friday's stronger-than-expected December U.S. jobs growth figures drew a sharp contrast with European numbers, but staffing executives who track labor demand on both sides of the Atlantic caution Europe's impact on jobs in the United States may yet prove deeper than it has so far.
The husband of jailed former Ukrainian Prime Minister Yulia Tymoshenko won political asylum in the Czech Republic Friday, as he and Tymoshenko's party said the government launched a criminal investigation against him, the Associated Press reported.
The Navy rescued Iranian fishermen being held hostage by suspected Somali pirates for more than 40 days in the Gulf of Oman, U.S. officials said.
