UNITED STATES

General Motors Corp needs to exit from bankruptcy quickly in order to avoid a fatal blow to many of its suppliers and the loss of thousands of jobs, Chief Executive Fritz Henderson said in a court filing on Thursday.

Microsoft rolled out prices for its new operating system, which will be officially available in October this year. Prices for upgrades vary from different Windows 7 versions.

Microsoft Windows 7 pre order will start tomorrow until July 11th in the United States and Canada. Japan is also included on the list for tomorrow’s pre order release but will end earlier on July 5TH or while supplies last.

Micron Technology Inc , the largest U.S. maker of computer memory chips, reported its tenth consecutive quarterly loss on Thursday as revenue fell, sending its shares down nearly 5 percent.

In the semi final match of the Confederations Cup 2009, Brazil beat South Africa 1-0, scoring the winning goal in the 87th minute.

Next Monday, Wall Street's biggest and most brazen crook, Bernard Madoff, will leave his jail cell to hear his punishment. But for his victims, even a lifetime in prison may not be enough.

A bipartisan panel armed with subpoena power to investigate causes of the Wall Street meltdown is on the brink of being launched, as Congress embarks on an ambitious effort to reform policing of the financial sector.

A bipartisan panel armed with subpoena power to investigate causes of the Wall Street meltdown is on the brink of being launched, as Congress embarks on an ambitious effort to reform policing of the financial sector.

Some small and medium-sized U.S. manufacturers, once skeptical about conservation efforts, say they're seeing benefits to installing equipment and implementing practices that curb energy use and save money.

Oil prices rose sharply to above $70 a barrel on Thursday on renewed rebel attacks against oil facilities in Nigeria and worries that a glitch at the largest U.S. oil refinery could tighten gasoline stockpiles this summer driving season.

Microsoft Corp will sell the standard home-user version of its new Windows 7 operating system for 8 percent less than the comparable version of its Vista system, as the global downturn hits spending on technology.

Federal Reserve Chairman Ben Bernanke, facing his toughest grilling yet by U.S. lawmakers, said on Thursday he had never threatened to fire Bank of America's management if they pulled the plug on a planned merger with Merrill Lynch.

Federal Reserve Chairman Ben Bernanke, facing one of his toughest grillings yet by U.S. lawmakers on Thursday, denied he had ever threatened to fire Bank of America management if they pulled the plug on a planned merger with Merrill Lynch.

After spending a week in jail, Texas financier Allen Stanford pleaded not guilty on Thursday to 21 criminal charges that he ran a $7 billion Ponzi scheme.

Bank of America Corp was sued on Thursday in a federal lawsuit in New York, accusing the largest U.S. bank of discriminating against female brokers at the former Merrill Lynch & Co by offering them lower retention bonuses than their male counterparts.

Duke Energy Corp Chief Executive Jim Rogers sees Areva and Toshiba's Westinghouse emerging as front-runners in the design of reactors for a much-anticipated U.S. nuclear revival.

Oil prices rose more than $2 to near $70 a barrel on Thursday after Nigerian rebels attacked a Royal Dutch Shell pipeline, raising worries about supply from the OPEC-member nation.

Oil prices rose more than a dollar to above $70 a barrel on Thursday after Nigeria's main militant group shut down one of Royal Dutch Shell's pipelines, raising concerns about supplies from the region.

A top Iranian cleric warned on Thursday that continued crackdown of opposition protests could destabilize the government and threaten the very basic of the Islamic republic.

U.S. stocks rallied on Thursday on investors' relief that Federal Reserve Chairman Ben Bernanke was weathering a tough grilling in Congress relatively well.

U.S. homebuilder Lennar Corp posted a wider year-over-year quarterly net loss, but saw a sequential rise in new home sales and orders, sending its shares up as much as 18 percent.