NEW YORK

Papademos’ resume is nothing short of sterling and diverse, with a heavy presence in the United States.

Is the U.S. job market on the mend? Initial jobless claims for unemployment benefits in the U.S. dropped for the second week in a row, to 390,000 -- their lowest level in seven months, according to the U.S. Labor Department.

Gold Fields Ltd.'s third-quarter profit tripled from the year-earlier quarter as surging gold prices and enhanced efficiency offset higher operating costs, the world's fourth-largest gold miner reported Thursday.

Olympus Corp shareholders burned by the Japanese company's accounting scandal are unlikely to recover investment losses in U.S. courts and might not fare much better suing in Japan.

While Wednesday's Victoria Secret Fashion Show which heated the New York State Armory won't be aired on CBS until Nov. 29, the best looks on the pink carpet and behind-the-scene photos of the angels are out.

While Wednesday's Victoria Secret Fashion Show which heated the New York State Armory won't be aired on CBS until Nov. 29, the best looks on the pink carpet and behind-the-scene photos of the angels are out.

Vogue names Olsen twins as best dressed sisters.

UBS is shutting its asset-backed securities business in the United States, Swiss newspaper HandelsZeitung reported on Thursday without citing sources.

The sexual harassment scandal surrounding Herman Cain has become a messy he said, she said affair, with accusers going public and Cain fiercely denying their allegations. What's next for the Georgia businessman who shot from obscurity to the top of the polls last month?

Following are some of the stocks that declined in the extended trading hours on the New York Stock Exchange.

Following are some of the stocks that gained in the extended trading hours on the New York Stock Exchange.

Olympus Corp's use of accounting tricks to hide big losses has raised questions about whether its auditors, the Japanese arms of global giants KPMG and Ernst & Young, should have done more to follow up on red flags.

A group of four paintings by renowned American Abstract Expressionist Clyfford Still has fetched a total of $114.1 million during Sotheby's Contemporary Art sale in New York.

Former MF Global customers like Koch Industries, who pulled billions of dollars out of the stricken broker's accounts weeks or months before its collapse, have counted their blessings in recent days.

Green Mountain Coffee Roasters' weak quarterly revenue raised fears about the company's growth potential, as sales of its Keurig coffee makers did not rise as much as Wall Street had expected, sending its shares down 34 percent.

Alabama's Jefferson County filed for bankruptcy court protection on Wednesday in the biggest municipal bankruptcy in U.S. history.

The Victoria's Secret Fashion Show 2011 in New York late Wednesday combined fashion, lingerie, models, Nicki Minaj and Kanye West.

A $14-million Internet advertising fraud scheme has been brought to a halt by a coalition of American and Estonian authorities, Preet Bharara, U.S. attorney for New York's southern district, said during a Wednesday afternoon press conference in Manhattan.

Perfume ads featuring actress Dakota Fanning have been banned in Britain.

The fight over the AT&T/T-Mobile merger is heating up, and the argument is focused on jobs.

American Express Co. is launching a $100 million fund as a new multi-year program designed to help accelerate the company's digital transformation, as it tries to add consumers in new geographies and attract younger generations.