President Barack Obama turns his attention on Thursday from Afghanistan to the battle against unemployment which has sapped his popularity and may shape his political future.
U.S. stock index futures rose on Thursday after Bank of America Corp said it would repay $45 billion in taxpayer bailout funds.
Several U.S. retailers posted weaker-than-expected sales for November, getting the key holiday season off to a sluggish start as consumers worried about the economy and double-digit unemployment.
Japan's Sony Corp said it is enjoying robust demand for its PlayStation 3 game console and other electronic products so far in this holiday shopping season in the key U.S. market.
U.S. stock index futures rose on Thursday after Bank of America Corp said it would repay $45 billion in taxpayer bailout funds.
Comcast Corp struck a deal to buy a majority stake in NBC Universal from General Electric Co, creating a media superpower that would control not just how TV shows and movies are made, but how they are delivered to the home.
Comcast Corp struck a deal to buy a majority stake in NBC Universal from General Electric Co, creating a media superpower that would control not just how TV shows and movies are made, but how they are delivered to the home.
U.S. credit card companies are targeting affluent consumers in a resurgence of marketing campaigns, as they recover from massive defaults by subprime borrowers in the past year.
American Airlines said it and other members of the Oneworld airline alliance along with private equity fund TPG are willing to invest $1.1 billion in Japan Airlines to prevent it defecting to Delta Air Lines and the rival Skyteam group.
U.S. stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500 up 0.62 percent, Dow Jones futures up 0.47 percent and Nasdaq 100 futures up 0.52 percent at 0900 GMT (4 a.m. EST).
U.S. crude futures edged higher Thursday after slipping 2.3 percent a day earlier on a larger-than-expected build in U.S. crude inventories.
Costco Wholesale Corp reported a six percent rise in November same-store sales, helped by an increase in gasoline prices and a weaker U.S. dollar, but missed market estimates.
Bankruptcy courts cleared on Wednesday Ciena Corp's acquisition of a unit of bankrupt Nortel Networks Inc for $769 million after fighting off a legal challenge by Nokia Siemens Networks.
Gold struck its third straight peak in as many days on Thursday because of its investor appeal as a safe asset while Asian stocks advanced as the appetite for risky assets remained strong despite Wall Street's dip.
A group led by former Ford Motor Co executives has submitted a revised bid this week for Ford's Volvo unit and hopes to beat the offer by Chinese carmaker Zhejiang Geely Holding Group, the Wall Street Journal reported citing people familiar with the situation.
American Airlines said it, Oneworld alliance members and private equity fund TPG would be willing to invest $1.1 billion in Japan Airlines to match a similar bid from rival Delta and the SkyTeam alliance.
American Airlines said it, Oneworld alliance members and private equity fund TPG would be willing to invest $1.1 billion in Japan Airlines to bolster the airline's finances and prevent it from defecting to a rival alliance.
Federal Reserve officials sounded a relatively upbeat note on the U.S. economy on Wednesday, but warned timing withdrawal of the bank's extraordinary support for the economy will prove difficult.
Governor Arnold Schwarzenegger and Google unveiled a map of California's climate-changed future on Wednesday, part of the most populous U.S. state's first steps in planning to adapt to inevitable global warming.
The U.S. government has identified flaws in equipment from four companies, including Cisco Systems Inc , that hackers can exploit to break into corporate computer networks.
National Beef Inc, a holding company that intends to buy a minority stake in the fourth largest U.S. beef company, said it will have an initial public offering of 17.25 million shares of common stock, according to a Securities and Exchange Commission filing on Wednesday.
The Delaware Supreme Court upheld the dismissal of appeals in a case over ownership rights at The Chicago Board Options Exchange, removing an obstacle to the CBOE's plan to turn itself into a for-profit shareholder company, the exchange said on Wednesday.
