Blank-check company Orbit Acquisition Corp withdrew its filing for an initial public offering on Friday, citing market conditions in a letter to U.S. regulators.
The World Trade Organization ruled on Friday that European loans for Airbus were illegal subsidies under world trade rules, U.S. lawmakers said, but European sources said Washington did not win a sweeping victory.
U.S. job losses fell to their lowest level in a year last month, but the unemployment rate jumped to a 26-year high, painting a mixed picture of an economic recovery hindered by weakness in the labor market.
The Associated Press's decision to release a photo of a dying U.S. Mariner taken in Afghanistan drew lots of controversies in the United States.
California solar company Solyndra Inc said on Friday that it started construction on its second solar panel manufacturing plant, putting into action the first loan guarantee awarded under a long-delayed U.S. program for advanced clean energy.
New data from the Boston mutual fund giant shows a rise in how often it voted against management proposals in the just-concluded proxy season. It also opposed company pay plans and the election of company directors more frequently.
The World Trade Organization ruled on Friday that European loans for Airbus were illegal subsidies under world trade rules, U.S. lawmakers said, but European sources said Washington did not win a sweeping victory.
U.S. stocks closed higher on Friday as investors focused on the bright side of a mixed payrolls report that showed smaller-than-expected job cuts in August, although the unemployment rate hit a 26-year high.
The famous couple in the entertainment industry was praised in Vanity Fair's
U.S. stocks ended higher on Friday as investors focused on the bright side of a mixed payrolls report that showed smaller-than-expected job cuts in August, even though the unemployment rate hit a 26-year high.
The number of rigs drilling for natural gas in the United States rose two this week to 701, the seventh straight weekly gain after sinking in mid-July to the lowest level in more than seven years, according to a report on Friday by Baker Hughes in Houston.
The world should widen a fight against global warming by curbing a string of pollutants other than carbon dioxide, the main greenhouse gas, the U.N. Environment Programme said on Friday.
U.S. temporary staffing -- historically one of the first areas to show evidence of a jobs recovery -- appears to have hit bottom, but questions remain how long it will stay there.
A U.S. district court awarded TiVo Inc, a maker of DVR boxes, nearly $200 million in damages in its long-running patent case with DISH Network Corp and EchoStar Corp.
A U.S. district court awarded TiVo Inc, a maker of DVR boxes, nearly $200 million in damages in its long-running patent case with DISH Network Corp and EchoStar Corp.
Most major U.S. airlines reported another month of declining traffic in August as rising unemployment hurt leisure demand and corporate cost cuts continued to hamper business travel.
Deep in the heart of Texas, a Chevy dealership is almost empty of super-sized trucks and full of promise for the battered U.S. auto industry.
Oil prices were little changed on Friday as stronger equities boosted hopes for economic recovery, outweighing U.S. jobs data that showed the unemployment rate at a 26-year high.
Finance leaders clashed on Friday over how to stop banks plunging the world into another crisis.
Recession Worries Persist; Escalating Pressure at GM; Pivotal Trade Decision
Comments that the World Trade Organization on Friday backed a U.S. complaint against European Union aid to plane maker Airbus are wrong and misleading, EU sources with knowledge of the WTO ruling said.
The World Trade Organization ruled on Friday that billions of dollars in European loans to help Airbus develop civilian aircraft are an illegal subsidy under world trade rules, a person familiar with case said.
