The U.S. economy shrank less in the second quarter than first thought but negative news on jobs and on manufacturing in the country's Midwest in September pointed to a patchy recovery from recession.
Whoopi Goldberg thinks film director Roman Polanski, who was arrested in Switzerland and may be extradited to the U.S.- did not rape a 13-year old girl in the 1970's.
Ford Motor Co has room for steady growth in its share of the North American and European auto markets, Chief Executive Alan Mulally said on Wednesday.
Farm equipment maker Agco Corp has agreed to pay $20 million to settle charges it made inappropriate payments to the former Iraqi government under the United Nation's Oil-for-Food Program, U.S. officials said on Wednesday.
Bank of America Corp's deal to sell part of its Columbia Management business for about $1 billion is a boost for its effort to unload unwanted assets and raise capital, but the low price suggests it is still facing a buyers' market.
Verizon Wireless, the No. 1 U.S. mobile service, quietly stopped selling the Verizon Hub on Tuesday, just eight months after it launched the experimental device which combined a home telephone and Web applications.
One of the critical factors energy analysts focus on each fall, ahead of the rise in demand for heating fuels, is the pre-winter build-up of fuel inventories. This year, inventories are unusually high for all winter fuels, including distillates (which includes heating oil), natural gas, propane, and coal used for electricity generation.
Oil prices surged more than 5 percent to settle above $70 a barrel on Wednesday, buoyed by a drop in U.S. gasoline inventories last week that hinted at rising demand in the world's largest energy consumer.
The Federal Reserve may need to begin to pull back its extensive support for the weak U.S. economy before it has healed enough to substantially lower the jobless rate and get factories working again, Fed Vice Chairman Donald Kohn said on Wednesday.
After a very tough first three months of the year, U.S. economic output rebounded sharply in the April through June period, according to a third gross domestic product estimate released today.
Actress Jessica Biel, 27 and singer Justin Timberlake, 28 have split up after a relationship of three years, according to several reports from celebrity news websites, including US Magazine and Perezhilton.com.
U.S. payroll employment will turn positive in the early months of 2010 but the jobless rate is still likely to hit 10 percent before the cutting spree ends, Joel Prakken, chairman of Macroeconomic Advisers, said on Wednesday.
The greenback advanced against its major rivals in the Wednesday trading session, edging higher against the euro toward the 1.46-level, while pushing the pound sterling to beneath the 1.60-figure and briefly dragging the Swiss franc to a 3-week low at 1.0447. The catalyst for the dollar's gains was a sharply weaker than forecast report on Chicago PMI.
New York Daily News owner Mort Zuckerman told BusinessWeek magazine on Wednesday that he is one of the bidders for McGraw-Hill Companies Inc's money-losing entity.
Relief workers in American and Western Samoa on Thursday searched for survivors after a series of tsunamis smashed into the tiny Pacific islands, killing possibly more than 100 people and flattening villages.
Clean technology has for the first time become the top category in U.S. venture capital investment, eclipsing biotech and software, as private money follows the government's lead, the Cleantech group reported.
A U.S. congressional panel is expanding its probe of credit rating agencies to look at why securities regulators ignored warnings from former Moody's Corp executives about the company's weak compliance department and ratings process.
Daimler (DAIGn.DE) will hire 800 more staff for its Brazilian commercial vehicles business and keep open a U.S. truck plant as the two key markets show signs of reviving, the world's biggest truckmaker said.
If you've ever read the book Gulliver's Travels, and wondered how Gulliver felt when he was washed ashore from his shipwreck and woke up in a land of tiny people called Lilliput, here's your opportunity to find out.
Transportation Secretary Ray LaHood Wednesday called distracted driving a serious epidemic with more than 5,800 annual U.S. traffic deaths tied to motorists who failed to keep their eyes on the road.
Chevron Corp said on Wednesday David O'Reilly would retire as chairman and chief executive of the second-largest U.S. oil company at the end of the year and be replaced by Vice Chairman John Watson.
U.S. stocks were mostly flat on Wednesday, on a volatile last day of a strong third quarter, as a disappointing report on Midwest business activity was offset by gains in commodities and tech.
