U.S. online shoppers spent 5 percent more this Cyber Monday than they did last year as more consumers flocked to the Web for holiday shopping but spent slightly less per person, analytics firm comScore Inc said on Wednesday.
Kalika Moquin has become the third woman to be added on to the list of Tiger Woods' list of alleged affairs joining Rachel Uchitel and Jaimee Grubbs.
NATO Secretary-General Anders Fogh Rasmussen said Wednesday the European and other U.S. allies will send more than 5,000 new troops to Afghanistan, declaring that the war is not America's alone.
No major new refineries have been built in the United States since the 1970s, but that does not mean that U.S. refinery capacity has not grown. Refiners can increase capacity at existing sites by modifying equipment to increase product flow and by adding new distillation units. Consequently, though U.S. crude oil distillation capacity declined in the early 1980s, it has risen since the mid-1990s (Figure 1) due to these kinds of investments. From 1997 to 2009, total U.S. refining capacity increas...
More than one-fourth of U.S. households do not use traditional banking services, according to a study released by federal bank regulators on Wednesday.
The meltdown of the U.S. housing market is not over yet, and home prices will soon start trekking downward again as a flood of foreclosures looms, a well-known economist said on Wednesday.
Sam Zell is resigning as chief executive of Tribune Co after two years at the helm of the bankrupt media company whose $8.2 billion buyout he engineered in 2007.
The Chicago Board Options Exchange could launch an initial public offering by May following a recent settlement of a protracted legal dispute, according to the Wall Street Journal.
A top Democratic lawmaker predicted on Wednesday that the government will be involved in shaping the future for struggling U.S. media organizations.
The first of 30,000 new U.S. troops will arrive in Afghanistan in two to three weeks, top U.S. officials said on Wednesday, even as they made clear plans to start bringing the soldiers home in 18 months could slip.
Kraft Foods is preparing to post its offer documents for Cadbury as Monday's deadline approaches, but interest from Hershey and Ferrero is unlikely to spook the North American food giant into raising its bid in the short-term.
Gold hit a record high at $1,216.75 an ounce in Europe on Wednesday as investors bet on higher prices, with funds lengthening positions on expectations for a fresh leg of dollar weakness and more central bank buying.
The Dow and S&P slipped on Wednesday, pressured by the financial and energy sectors, although the Nasdaq rose on positive news on online retailers such as Amazon.
U.S. Treasury Secretary Timothy Geithner said on Wednesday there was a good case to let some firms use derivatives with little scrutiny for business purposes, but that most trading should face stiffer rules.
Electronic Arts Inc sees a future where its online and mobile games are as critical as Madden NFL and other console games as the company focuses on building core franchises and winnows its number of titles, said Chief Executive John Riccitiello.
AutoNation Inc CEO Mike Jackson said he was surprised and concerned about the dismissal of Fritz Henderson as General Motors Co chief executive
General Motors Co's chief executive Fritz Henderson abruptly resigned on Tuesday, after the company's board decided the automaker needed to push its restructuring faster under new leadership.
The S&P 500 and Nasdaq rose on Wednesday, lifted by positive news on online retailers such as Amazon, while the Dow edged lower with energy and financials following mixed data on the labor market.
Eleven kilometres off the Massachusetts coastline in the North Atlantic Ocean lies Martha's Vineyard, an oasis of protected greenery, exclusive million-dollar homes off dirt trails, pristine beaches, small
General Motors Co's chief executive, Fritz Henderson, abruptly resigned on Tuesday, after the company's board decided it wanted to chart a new course for the restructuring automaker.
President Barack Obama's top deputies on Wednesday defended his plan for a rapid ramp-up in Afghanistan, but some U.S. senators questioned a proposal to set an 18-month timeline for starting to bring troops home
The days of swashbuckling backslappers on the floor of the New York Stock Exchange have given way to an era of trading dominated by analytical technical whizzes whose computers may be running from a town in deepest New Jersey or Texas.
