Oil prices were steady above $79 a barrel on Thursday, as the market awaits U.S. government oil inventory data and watches the dollar, which is flirting with 15-month lows against a basket of currencies.
Costco Wholesale Corp is hoping that consumers are becoming more comfortable making purchases as the No. 1 U.S. warehouse club operator heads into the year-end holiday shopping season.
The slump in the housing market ended around March, and while there is improvement, it will be slow and fitful, U.S. luxury homebuilder Toll Brothers Inc's Chief Executive Robert Toll said on Wednesday.
U.S. President Barack Obama convened his war council on Wednesday for talks considered critical to his deliberations on boosting troop levels in the increasingly unpopular war in Afghanistan.
Black Friday 2009 deals are being unveiled by major retailers in the United States. Target, Kohl's and Best Buy are some of the companies with special deals for this year's Black Friday.
Hewlett-Packard Co struck a deal to buy network equipment maker 3Com Corp for $2.7 billion to step up competition against Cisco Systems Inc and expand into China.
Hewlett-Packard Co struck a deal to buy network equipment maker 3Com Corp for $2.7 billion to step up competition against Cisco Systems Inc and expand into China.
Venerable English stage actor Ian McKellen has played all the great parts from Hamlet to Richard III, but in the twilight of his career, he is finding new roles in mainstream film and TV -- and as a gay icon.
Target, Kohl's, Best Buy and major retailers have unveiled their special deals for Black Friday 2009, according to Gottadeal.com, a self-called official Black Friday deal website.
A radical Muslim preacher linked by U.S. intelligence to a gunman who killed 13 people at a U.S. Army base is an influential voice in English-language Internet forums increasingly used by militants unfamiliar with Arabic.
The president of Calpers urged fellow board members at the biggest U.S. public pension fund on Wednesday to back his plan to require placement agents to be subjected to laws for lobbyists in response to events alleging their undue influence over investment decisions.
A radical Muslim preacher linked by U.S. intelligence to a gunman who killed 13 people at a U.S. Army base is an influential voice in English-language Internet forums increasingly used by militants unfamiliar with Arabic.
American International Group Inc Chief Executive Robert Benmosche said on Wednesday he remains totally committed to staying at the company, countering an earlier report that he was considering stepping down.
Motorola Inc is in the early stages of looking into a potential sale of its $4.5 billion television set-top box and network equipment business, two sources said on Wednesday.
Ford Motor Co posted its best October sales and market share in a dozen years in its main 19 European markets on Wednesday, but warned that European countries and the EU needed to take further action to bolster auto demand in the region next year.
U.S. department store operator Macy's Inc forecast earnings for the fourth quarter, which includes the crucial holiday shopping season, far below Wall Street expectations on Wednesday, sending shares down 8.1 percent.
Walt Disney Co on Wednesday said it restructured its film studio's marketing, distribution, and operations divisions, reflecting a new strategic direction for bringing content to the market.
Oil prices rose slightly on Wednesday as the market weighed a rebound in the dollar against data showing strong demand growth from No. 2 consumer China.
American International Group Inc Chief Executive Robert Benmosche said he and the company's board are frustrated about restrictions on pay and are in discussions with the U.S. government about them, according to an employee letter obtained by Reuters.
President Barack Obama honored fallen troops on Veterans Day Wednesday taking part in the wreath-laying ceremony at Arlington National Cemetery and delivering remarks at the Memorial Amphitheater there.
U.S. stocks edged up on Wednesday as comments by Federal Reserve officials suggested interest rates will stay low for some time, but gains were limited by strength in the U.S. dollar.
U.S. stocks edged up on Wednesday as comments by Federal Reserve officials suggested interest rates will stay low for some time, but gains were limited by strength in the U.S. dollar.
