Major U.S. airlines have mounted a legal challenge to European Union regulations that would cap allowable jetliner emissions and force carriers to pay up for exceeding limits.
WASHINGTON - U.S. house prices rose in the third quarter, ending a two-year downward trend, and the housing market was now slightly undervalued, an independent survey showed on Friday.
Despite “cash for clunkers” grabbing headlines earlier this year, the biggest used-car dealer in the U.S. reported strong earnings growth in the last three months.
U.S. copper futures ended with sharp losses on Thursday as a stronger tone in the dollar sparked a bearish drag across the broader complex, and analysts said the shift in momentum could pull prices of the red metal back down toward $3.00 a lb.
The trustee for bankrupt U.S. mortgage lender Thornburg Mortgage Inc gained court approval on Friday to auction the company's $11 billion mortgage servicing portfolio early next year.
Ford Motor Co is on track to improve its balance sheet as the auto industry rebounds from a severe downturn and the U.S. economy stages a slow recovery next year, executives said on Friday.
Iraq on Friday demanded that Iran immediately withdraw its soldiers from a disputed oilfield on the two countries' border, but Tehran denied any incursion.
Democratic hopes for passing a broad healthcare overhaul in the Senate took a hit on Thursday when a crucial party holdout, Ben Nelson, rejected a compromise on abortion funding aimed at winning his vote.
A $636 billion military spending bill that would fund wars in Iraq and Afghanistan cleared a procedural hurdle in the U.S. Senate early on Friday.
U.S. President Barack Obama and Russian leader Dmitry Medvedev failed to clinch a landmark pact cutting Cold War stocks of nuclear arms on Friday but pledged to keep working for a deal in the New Year.
As President Barack Obama labored behind closed doors to break a deadlock over efforts to curb greenhouse gas emissions, Republicans from the U.S. Congress were outside those meetings urging him not to bother.
European companies have scooped up the majority of U.S. stimulus money set aside for wind power projects, drawing on their expertise and global reach to tap into Washington's effort to grow the base of renewable energy sources.
European Union carbon emissions futures steadied on Friday, as investors awaited an outcome from a U.N. climate summit in Copenhagen.
The Nasdaq rose on Friday as quarterly results from Oracle and Research In Motion boosted optimism about a recovery in technology spending, but the U.S. dollar's rise weighed on the Dow and S&P 500 as investors pared back risky bets.
The trustee for bankrupt U.S. mortgage lender Thornburg Mortgage Inc (THMRQ.PK) gained court approval on Friday to auction the company's $11 billion mortgage servicing portfolio early next year.
World leaders worked toward a target of halving greenhouse gas emissions on Friday, but a draft text abandoned ambitions for a legally binding climate treaty next year in a sign divisions remain.
Afghan President Hamid Karzai will retain technocrats in key ministries when he unveils his new cabinet, parliamentary officials said on Friday, a move likely to appease Western backers who want him to clamp down on corruption.
Women find sex just as pleasurable with circumcised men as with men who are uncircumcised, a new study suggests.
A U.S. advisory panel on Thursday narrowly backed Photocure ASA's proposed imaging drug to help detect bladder cancer.
A suicide bomber killed up to 10 people in Pakistan Friday, while a suspected U.S. drone killed six militants, as rising political tension threatened to distract the government from its war against the Taliban.
Bargain-hunting shoppers are expected to flood stores on Super Saturday weekend -- the last before Christmas -- and deliver retailers the highest weekend sales so far this holiday season.
Crude oil rose and the U.S. dollar gained in a safe-haven bid on Friday after Iranian soldiers crossed into Iraqi territory and took up positions in a disputed southern oilfield.
