Herman Cain Announces '9-9-9' Bus Tour on Hannity Show
Herman Cain wants you to know he's not dead yet -- and in the coming months, he will be embarking on a bus tour to promote the catchy 9-9-9 tax plan that drew many voters to his presidential campaign before a series of sexual harassment allegations brought it down.
Barnes & Noble Shares Fall Briskly Following Forecast Reduction, Spinoff Talk
The New York-based retailer said it expects 2012 consolidated sales between $7.0 billion and $7.2 billion. The company expects full year losses to total $1.10 and $1.40 per share.
Cordray: Consumer agency to target shadow banks
In his first speech as head of the Consumer Financial Protection Bureau, Richard Cordray said his agency will immediately begin overseeing lenders outside the banking industry, and will take a tough stance against any financial players that break the law.
Instant view: Private sector jobs up 325,000; claims fall
Private employers added 325,000 jobs in December, easily beating economists' expectations, a report by a payrolls processor showed on Thursday.
Lilly projects sharp drop in 2012 profit
Eli Lilly & Co forecast a steeper-than-expected decline in profit for 2012, the first full year without exclusive rights to its big-selling Zyprexa schizophrenia treatment.
Swiss Central Bank Chief Faces Battle to Keep Job
Switzerland's top central banker is battling for his future as he faces a grilling on Thursday over a controversial currency trade made by his wife three weeks before he oversaw moves to impose a cap on the Swiss franc.
Nokia prospects brighten as chairman search narrows
Struggling phone maker Nokia Oyj basked in brightening prospects for its much-hyped Windows phone on Thursday as it prepared to strengthen the hand of new boss Stephen Elop by replacing its old-guard chairman.
Exclusive: KPMG plans timely return of MF Global assets
MF Global UK administrator KPMG plans to start returning to clients the $1.2 billion of cash and assets frozen at the defunct broker as early as this month in a move that will placate customers ahead of their showdown with KPMG next week.
December sales rise, but discounts hurt profits
Many retailers had to discount more than they wanted to draw customers over the holidays, cutting into profits even as December sales came in slightly better than expected overall.
Wall Street gurus find predictions game getting harder
With every new year come a new round of bold predictions for financial markets.
Woodford in Japan to decide on bid to run Olympus
The former CEO of Japan's disgraced Olympus Corp, Briton Michael Woodford, returned to Japan on Thursday where he said he will decide the future of his bid to return to his old post.
Rick Santorum Blasted by NAACP for Racial Remarks [VIDEO]
At a campaign stop in Sioux City, Iowa, on Sunday, Santorum said of entitlement programs, I don't want to make black people's lives better by giving them somebody else's money. I want to give them the opportunity to go out and earn the money.
Madoff trustee sues California attorney general
The Bernard Madoff bankruptcy trustee has sued California Attorney General Kamala Harris to stop her alleged interference with his efforts to recover money for the swindler's former customers.
Private hiring surges, jobless claims dip
Private-sector hiring surged in December as employers added 325,000 new workers while claims for jobless benefits fell, raising hope that recent labor market improvement would continue in 2012.
Stock futures point to lower open, data may limit losses
Stock index futures pointed to a lower open on Thursday on renewed concerns about the euro zone's financial health, but encouraging employment data was expected to limit the decline.
Same-store sales point to strong holidays
The first batch of December sales results suggests that people were willing and able to shop if retailers made it worth the effort with discounts.
Jobless claims fall 15,000 last week
New claims for unemployment benefits fell by 15,000 last week in the latest sign the labor market was improving and could help the country resist the effects of a likely euro zone recession.
U.S. Jobless Claims Fall 15,000 to 372,000
New claims for unemployment benefits fell by 15,000 last week in the latest sign the labor market was improving and could help the country resist the effects of a likely Eurozone recession.
December Same-Store Sales Point to Strong Holidays
The first batch of December sales results suggests that people were willing and able to shop if U.S. retailers made it worth the effort with discounts.
Exclusive: KPMG plans return of MF Global assets
MF Global UK administrator KPMG plans to start returning to clients the $1.2 billion of cash and assets frozen at the defunct broker as early as this month in a move that will placate customers ahead of their showdown with KPMG next week.
Stock futures fall as euro, European shares drop
Stock index futures fell on Thursday as renewed concerns about the euro zone's financial health pushed down the euro and European shares.
Analysis: Thompson exit puts focus on PayPal spin-off
The surprise departure of PayPal President Scott Thompson from eBay Inc could seriously set back any moves to spin-off the payments business as a separate company, investors and analysts said on Wednesday.
Japan Airlines aims to raise at least $6.5 billion in relisting
Japan Airlines plans to raise more than 500 billion yen ($6.5 billion) ahead of re-listing its shares as early as September, a source with knowledge of the matter said, marking a sharp turnaround for the carrier following its bankruptcy in 2010.
Children's Place cuts Q4 profit outlook
Children's Place Retail Stores Inc lowered its fourth-quarter earnings outlook, hurt by increased discounts to clear inventory, and the kids' clothes retailer said its comparable sales would remain flat.
French costs rise but demand solid at debt sale
French borrowing costs rose slightly when the euro zone's second-largest economy sold debt for the first time this year on Thursday but demand was solid despite concerns the country could lose its AAA credit rating.
French 10-Year Bond Yield Climbs at Auction, Demand Firm
Yields on French long-term OAT bonds rose on Thursday at its first auction of the year as the threat of a cut to the country's AAA credit rating prompted investors to demand higher returns for buying the bonds.
Pepsi mulls 4,000 job cuts: report
PepsiCo Inc is considering cutting about 4,000 jobs and reducing pension contributions in order to boost its earnings, the New York Post said, citing sources close to the situation.
Taiwan's Elan says Apple to pay $5 million in patent settlement
Elan Microelectronics Corp, a Taiwanese touch design company, said on Thursday that Apple Inc will pay $5 million as part of a settlement in a patent infringement case.
Taiwan's Elan says Apple to pay $5 million in patent settlement
Elan Microelectronics Corp, a Taiwanese touch design company, said on Thursday that Apple Inc will pay $5 million as part of a settlement in a patent infringement case.
March EU summit to discuss size of the ESM: French PM
A March summit of European Union leaders will discuss increasing the firepower of the bloc's permanent rescue fund, the European Stability Mechanism, to cope with an upcoming glut of sovereign debt maturities, French Prime Minister Francois Fillon said on Thursday.
