Democrats pushing for a drastic overhaul of the $2.5 trillion U.S. healthcare system prepared for fresh battles on Thursday after President Barack Obama set out new details on his top policy priority.
Asian stocks rose on Thursday as hopes for global economic recovery prompted investors to shift into riskier assets, while oil found support above $71 a barrel following OPEC's decision to keep output steady.
Six companies are scheduled to price and begin trading the week of Sept. 21, which could become the busiest for U.S. initial public offerings since December 2007.
North American companies are flocking to sell shares this week, signaling to some investors the U.S. stock market may be close to sputtering after a long rally.
Polo Ralph Lauren Corp, the fashion company behind the Polo and Club Monaco brands, said on Thursday its smaller Rugby brand is launching an iPhone application that lets users design their own shirts.
Japanese brewer Suntory Holdings is in talks to buy soft drinks maker Orangina from private equity funds Blackstone Group and Lion Capital, as it pushes for growth outside a shrinking beer market at home.
U.S. private equity firm Blackstone is in talks to buy a 63 percent stake in an Indian agro-chemicals and veterinary drugs maker for about 6.3 billion rupees ($130 million), the Economic Times reported on Thursday, citing an unnamed person with knowledge of the matter.
U.S. oil firm Chevron has agreed to sell nearly 3 million tonnes a year of liquefied natural gas from its Gorgon project in Australia, paving the way for a final investment decision in coming weeks.
Oil prices rallied for a fourth day running on Thursday, edging above $71.50 a barrel after bullish inventory data and soothing words from OPEC whetted investor appetite for crude.
President Barack Obama told Congress on Wednesday the time for bickering is over and called for quick action on a broad healthcare overhaul that would dramatically transform the U.S. health system and insurance market.
President Barack Obama will tell Congress on Wednesday the time for bickering is over and call for quick action on a comprehensive healthcare overhaul that would dramatically transform the U.S. insurance market and health system.
The Aussie dollar faltered at attempts to reach 87 cents in local trade yesterday running into some strong intraday selling around 0.8650 following worse than expected economic data.
General Motors Co shook up its management and dispatched a negotiator on the sale of its Opel unit to Berlin after a watershed two-day board meeting under the direction of Chairman Ed Whitacre, people familiar with the proceedings said.
General Motors Co's board concluded a two-day meeting in Detroit on Wednesday and dispatched the automaker's negotiator on the sale of its Opel unit to Berlin ahead of announcements scheduled for Thursday in Germany, people familiar with the proceedings said.
A frail-looking Steve Jobs stepped back into the spotlight for the first time in nearly a year on Wednesday, unveiling new and cheaper iPods for Apple Inc and drawing a standing ovation.
An Iraqi journalist known by the world as the shoe-thrower to US former president George W. Bush will be released next Monday, according to his lawyer.
OPEC was set to keep output targets steady at a meeting late on Wednesday after top exporter Saudi Arabia looked to economic strength to bolster the oil price and dismissed bulging inventories.
The Aussie dollar faltered at attempts to reach 87 cents in local trade yesterday running into some strong intraday selling around 0.8650 following worse than expected economic data. With Retail Sales dropping 1% in July, Home Loans and Investment lending also falling the AUD traded below 86 cents to finally find support at 0.8565 during European trading. Risk sentiment once again improved in U.S trade following the Federal Reserve Banks Beige Book report taking the Australian dollar back above ...
Bank of America Corp and the U.S. Securities and Exchange Commission on Wednesday made a third attempt to persuade a skeptical judge to approve their settlement over Merrill Lynch & Co bonuses. But experts said they may not have done enough.
President Barack Obama's drive to overhaul the U.S. healthcare system has created opportunities and risks for members of both political parties in the Democratic-led U.S. Congress.
President Barack Obama prepared a high-stakes plea for healthcare reform on Wednesday as a key Senate Democrat said he was ready to end bipartisan negotiations and move ahead without Republican support.
A newborn baby boy was born Wednesday morning to Nicole Richie and Joel Madden according to reports.
