Fitch Warns of Credit Downgrades for China and Japan
Fitch Ratings warned on Thursday that it might downgrade the credit rating of China within two years and there was a greater than even chance of a downgrade of Japan's credit status.
Bernanke unlikely to show his hand on Fed easing
Anyone expecting Federal Reserve Chairman Ben Bernanke to outline bold new measures to boost flagging U.S. growth on Thursday is likely to come away disappointed.
How Pippa Middleton Celebrated Her 28th Birthday
Pippa Middleton, the sister of Kate Middleton (aka the Duchess Cambridge), who turned 28 on Sept. 6, couldn't celebrate her birthday in style.
Instant View: German Court Rejects Suits Against Euro Bailout
Germany's Constitutional Court rejected on Wednesday a series of lawsuits aimed at blocking German participation in bailout packages for Greece and other euro zone countries, but said parliament must have a bigger say in future rescues.
Amazon's Selipsky bullish on AWS profitability
Ever since Amazon Web Services emerged as the next big thing for e-commerce giant Amazon.com Inc a few years ago, Wall Street has debated whether the business mints money or just breaks even.
Nancy Pelosi Blasts Republican Decision Not to Respond to Obama's Jobs Speech
Nancy Pelosi said that Republican leaders' decision not to deliver a televised rebuttal to President Obama's jobs plan would speak volumes about their lack of commitment to creating jobs.
On Facebook, Jesus More Popular Than Bieber, Gaga
According to a website called All Facebook, an independent site which measures Facebook traffic, a page called Jesus Daily has, for at least 18 weeks in a row, been labeled as the most engaging Facebook page.
End Deep-Sea Fishing to Preserve Scarce Life: Scientists Urge
Nearly all deep-sea fisheries were found to be unsustainable, and marine scientists have called for putting an end to commercial fishing in the Earth's largest ecosystem.
Reese Witherspoon Hit By Car While Jogging in Santa Monica, Suffers Minor Injuries
Reese Witherspoon was hit by a car while jogging in Santa Monica on Wednesday. She was rushed to the hospital, but released with only minor injuries.
Japan machinery orders slump, signal weak investment
Japan's core machinery orders tumbled in July at twice the pace economists' had expected in a sign that companies are delaying investment due to worries about a strong yen, slackening global growth and slow progress in reconstruction from the March earthquake.
7-Ton NASA Satellite to Come Hurtling Back to Earth
A 20-year-old NASA satellite is set to plunge back to Earth between late September and early October and is expected to rain debris over a wide area.
Several Republicans to Skip Obama Job Speech
Despite President Obama rescheduling his jobs speech to Congress at the request of Republicans, several Republicans have announced they won't be attending.
Exclusive: GM, UAW chiefs meet, talks heat up
Contract talks between General Motors Co and the United Auto Workers union have intensified and shifted to consideration of the scope and terms of a profit-sharing deal for some 49,000 workers at the top American automaker, people with knowledge of the talks said.
Michele Bachmann: Is Her Campaign for President Finished?
Before Rick Perry entered the race for the Republican nomination, Michele Bachmann was a major player. Now, she’s barely part of the conversation.
Why Would Anyone Want to be Yahoo's CEO?
There are few surer ways for an executive to lose a good reputation than to be CEO of Yahoo Inc. Just ask Carol Bartz or Terry Semel.
Verizon Sets Launch for Delayed Motorola Bionic
Verizon Wireless said it will start selling the high-speed Bionic phone from Motorola Mobility on Sept 8, months after the device had been expected to launch.
GM CEO, UAW chief meet; contract talks intensify: sources
Contract talks between General Motors Co and the United Auto Workers union have intensified and shifted to consideration of the scope and terms of a profit-sharing deal for some 49,000 workers at the top American automaker, people with knowledge of the talks said.
Microsoft Lines up its Big Swing at Tablets
Next week a high-ranking Microsoft Corp executive will stand on stage and show off a new version of Windows on a tablet computer.
Exclusive: Facebook doubles first-half revenue
Facebook's revenue doubled to $1.6 billion in 2011's first half, a source with knowledge of its financials told Reuters, underscoring its appeal to advertisers while it grapples with intensifying competition from the likes of Google Inc.
U.S. judge rejects an HSBC settlement in Madoff case
A Manhattan federal judge rejected HSBC Holdings Plc's proposed $62.5 million settlement with investors in an Irish fund that lost money in Bernard Madoff's Ponzi scheme.
Brightest Supernova Peaks This Week: How to Watch Its Final Glint [VIDEO]
An astronomically significant supernova, or exploding star, is expected to reach its peak of brightness in the sky Thursday and Friday, visible starting Wednesday night.
Analysts' view: What Obama should propose on job creation
President Barack Obama on Thursday is expected to offer a plan to jump-start flagging U.S. job growth that relies on a package of tax cuts and government spending that could cost upward of $200 billion.
Gundlach tells jurors of recruiting by PIMCO
Pacific Investment Management Company did not try to directly recruit star bond fund manager Jeffrey Gundlach while he was still employed at Trust Company of the West.
Cerberus-owned NewPage files for Chapter 11
NewPage Corp , the biggest maker of magazine paper in North America, filed for bankruptcy on Wednesday, succumbing to falling demand as advertisers and readers move online.
Analysis: BofA Shake-up a Crucial Test for CEO Moynihan
Bank of America Corp Chief Executive Brian Moynihan is running out of time to fix the largest U.S. bank.
Droid Bionic's Release Imminent, Costco to Offer Discount and Bonus Pack
The Motorola Droid Bionic is rolling out on Thursday as an iPhone killer, and the new Android beast is available at Verizon with the price tag of $299.99.
Wall Street jumps as Europe debt concerns ease
Wall Street bounced more than 2 percent on Wednesday, reversing three days of losses after Germany's top court smoothed the way for Berlin's participation in bailouts that could ease Europe's debt crisis.
Rick Perry: College Transcript Reveals Countless Cs, Multiple Ds
Presidential contender Rick Perry received 28 Cs and 10 Ds while a student at Texas A&M.
Iridium to sell new phone, other services
Iridium Communications Inc unveiled what it called the world's most rugged satellite handset on Wednesday as part of a new suite of services designed to run off its 66-satellite global network.
Best Buy unveils new third-party Marketplace
Best Buy Co said on Wednesday it will offer products online from other sellers through a new third-party Marketplace as the electronics retailer tries to better compete with Internet rivals Amazon.com and eBay Inc.