IBT Staff Reporter

American International Group Chairman Steve Miller said on Thursday the bailed-out insurance giant may eventually want to buy a life insurer outside the United States, including possibly a larger stake in the spun-off subsidiary AIA Group , as confidence in its turnaround grows.

Since the start of the year, one phrase has tripped off the lips of European leaders more than any other: jobs and growth. After two years of debt crisis and budget austerity, there is a strong desire to shift the narrative on.

Samsung Electronics Co, the world's top technology firm by revenue, will report record quarterly profit on Friday, powered by strong sales of its smartphones, but most interest will be in its 2012 spending plans and mobile sales numbers as it vies with Apple Inc for smartphone supremacy.

German Chancellor Angela Merkel said on Thursday talks between the Greek government and its private creditors were on track but next Monday's EU summit would focus on how to boost growth and employment in Europe rather than Greece's predicament.

German Chancellor Angela Merkel said on Thursday talks between the Greek government and its private creditors were on track but next Monday's EU summit would focus on how to boost growth and employment in Europe rather than Greece's predicament.

Online recruitment firm Monster Worldwide Inc forecast a weak start to the year and said it will cut jobs, as it does not expect the global job market to improve drastically in the near term.

Nokia Oyj reported a 73 percent fall in fourth-quarter earnings as sales of its new Windows Phones failed to dent the dominance of Apple Inc's iPhone or compensate for diving sales of its own old smartphones.

AT&T Inc posted a $6.7 billion quarterly loss as it was weighed down by a hefty break-up fee for its failed T-Mobile USA merger and other big charges on top of costly subsidies for smartphones such as Apple Inc's popular iPhone.

Wall Street edged loweron Thursday as housing and financial stocks lost ground after weaker-than-expected housing data gave investors reason to pause after a recent rally.

In just five years , Twitter has evolved from a 140-character punch line into a universal, all-purpose newswire, free and open to almost anyone, throbbing with the pulse of the planet in real time. It's where Newt Gingrich announced his presidential run, Prince William announced his engagement, and where the killing of Osama bin Laden was old news by the time President Obama announced it on telev...

With the British economy flat on its back, the Jaguar Land Rover factory in Birmingham, the second largest city in England, is doing something unusual: hiring. The company is doing well. With exports to China and other big emerging economies rising strongly, Britain's largest automotive manufacturer recently said it would hire another thousand workers and build a new engine plant, creating a fur...

AT&T Inc posted a $6.7 billion quarterly loss due to a hefty break-up fee for its failed T-Mobile USA merger and other charges on top of costly subsidies for smartphones such as Apple Inc's popular iPhone.

Online recruitment firm Monster Worldwide Inc said it will reduce its global workforce by about 7 percent and forecast a first-quarter profit below analysts' estimates amid a weak job market in the United States.

New orders for U.S. manufactured goods rose in December and a gauge of future business investment rebounded, showing the U.S. economy ended the year with more momentum than previously thought.

New orders for U.S. manufactured goods rose in December and a gauge of future business investment rebounded, showing the U.S. economy ended the year with more momentum than previously thought.

New single-family home sales unexpectedly fell in December for the first time in four months and the median home price dropped, dampening some of the hopes the housing sector will boost the economy this year.

3M Co reported higher-than-expected quarterly earnings on Thursday as demand from industrial and transport markets offset weak sales to makers of consumer electronics.

New U.S. claims for unemployment benefits rose last week, a government report showed on Thursday, but the underlying trend continued to point to improving labor market conditions.

Online recruitment firm Monster Worldwide Inc said it will reduce its global workforce by about 7 percent and forecast a first-quarter profit below analysts' estimates amid a weak job market in the United States.

Caterpillar Inc reported a 58 percent rise in quarterly earnings on Thursday that blew away Wall Street expectations and it projected strong growth for 2012 despite global economic uncertainly.

Apple CEO Tim Cook has a problem, a $98 billion problem.

Nintendo Co Ltd posted a sharp drop in quarterly profit and forecast a bigger-than-expected full-year loss, its first at an operating level, as it battles a strong yen and its games devices lose ground to gadgets such as Apple's iPhone.

JPMorgan Chase & Co. Chief Executive Jamie Dimon said President Barack Obama's decision to expand investigations into home lending and sales of mortgage securities could stop settlement talks with the states over foreclosure practices.

Wall Street rose modestly on Thursday on a combination of an extended easy monetary policy from the Federal Reserve, strong earnings from Caterpillar Inc and 3M Corp, as well as solid U.S. economic data.

Greece's tortuous negotiations over a debt swap with private creditors entered a new phase on Thursday with focus on how much the European Central Bank and other public creditors may need to contribute.

New orders for manufactured goods rose in December and a gauge of future business investment rebounded, while new claims for jobless benefits rose only moderately last week, suggesting the labor market was still healing.

Caterpillar Inc reported a 58 percent rise in quarterly earnings that far exceeded Wall Street expectations on Thursday due to increased global demand for construction machinery and mining equipment.

AT&T Inc posted a massive quarterly loss due to a break-up fee for its failed T-Mobile USA merger and a pension-related charge on top of costly subsidies for smartphones such as Apple Inc's popular iPhone.

Stock index futures rose on Thursday, adding to gains from the previous session when the Federal Reserve boosted equities by saying it was likely to keep interest rates near zero until at least late 2014.