GM Profit Nearly Doubles on Stronger Pricing
General Motors Co.'s quarterly profit nearly doubled, beating expectations, as the top U.S. automaker took a larger share of sales globally and raised prices on its vehicles.
Stock futures point to drop ahead of jobless data
Wall Street equity futures fell on Thursday, indicating the market may resume its downturn after snapping a seven-day losing streak ahead of a report on the labor market that will give clues on economic health.
Key quotes by Japan policymakers on FX action, BOJ easing
Japan intervened in the currency market and the central bank eased monetary policy on Thursday, joining Switzerland in efforts to tame currencies buoyed by safe-haven demand from investors fretting about the health of the global economy.
Multitasking Abilities Landed Me in 'Spy Kids' Role: Jessica Alba
While shooting for "Machete", the director was mighty impressed with her multitasking skills and that inspired him to create Jessica Alba's role in the movie Spy Kids. Jessica Alba plays the step mother of the new faces Rowan Blanchard and Mason Cook in the franchise. The movie kicks into action when the kids discover that Jessica Alba is a former spy and she is called back into action.
Hutchison H1 profit up over 600 percent, lags forecasts
Hutchison Whampoa Ltd <0013.HK>, Hong Kong billionaire Li Ka-shing's flagship ports-to-telecommunications company, posted a 632 percent rise in first-half net profit, helped by hefty one-off gain from the spin-off of its port assets, but lagging market forecasts.
Baby Born During a Traffic Jam
A baby was born during a traffic jam caused by a fatal accident that claimed another person's life in Washington D.C.
Google to Revive Realtime Search; Google+ to Have Own Search Engine
Google Realtime Search, which was disabled for the launch of Google+ is being revived once again to feature data from Google+, Facebook, Twitter and other social sources.
Hollywood's Highest Paid Actresses
Hollywood's highest paid Actresses
Results show strong European consumer goods demand
Some of Europe's biggest consumer goods groups defied high input costs and tepid demand to report higher sales.
Kraft Foods to split, raises full-year outlook
Kraft Foods Inc said it would split itself into two listed companies, a global snacks business and a North American grocery business, and raised its full-year outlook on better-than-expected quarterly results.
Japan acts to tame yen, follows Swiss move
Japan sold one trillion yen ($12.5 billion) and loosened its monetary reins on Thursday, joining Switzerland in efforts to tame currencies buoyed by safe-haven demand from investors fretting about the deteriorating health of the global economy.
Placebook? Hang-outs could predict new online friends
A method of predicting which individuals may become friends on social networking sites based on the places they visit out in the real world has been developed by researchers at Cambridge University in Britain.
Deutsche Telekom holds to targets despite profit drop
Deutsche Telekom is on track to meet its 2011 targets, it said on Thursday, despite a poor performance in the United States, continued economic weakness in southeastern Europe and sluggish growth in Germany.
Kraft Foods to split into two separate units
Food maker Kraft Foods Inc said it would split itself into two listed companies, comprising its global snacks business and its North American grocery business.
Euro Zone Bonds Steady on Possibility of ECB Action
Euro zone sovereign bond markets steadied on Thursday ahead of a crucial European Central Bank policy-setting meeting that investors hope will signal a more aggressive approach to fighting the currency area's debt crisis.
ECB to halt rate hike cycle, pressured on bond buys
An economic slowdown and debt market turmoil mean the European Central Bank will probably hit 'pause' on its interest rate raising cycle for several months and may even signal on Thursday a readiness to buy bonds again.
Stock futures signal lower open; data eyed
Stock index futures pointed to a slightly weaker open on Wall Street on Thursday after a late recovery in the previous session, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 all down 0.1 percent.
Spain passes tough debt test, but at a cost
Spain paid sharply higher yields to sell 3.3 billion euros ($4.70 billion) of bonds on Thursday after a renewed market attack that has driven its costs of borrowing close to unsustainable levels.
Randi Zuckerberg Leaves Facebook with a Note: 'You Don't Have to be an Engineer to be a Hacker'
As Facebook's recently launched competitor Google+ is raging ahead with 25 million unique visitors, Randi Zuckerberg, Director of Marketing Facebook, has decided to leave.
Retail sales seen rising in July
Deep discounts and the warmest July weather in decades should help retail chains report a rise in monthly sales, with many expecting warehouse clubs and high-end chains to lead the way.
Miner Rio Tinto's profit jumps 35 percent, expands buyback
Global miner Rio Tinto reported a 35 percent jump in first-half profit on Thursday, but it missed market expectations and sweetened the result with a $2 billion expansion of its existing share buyback program.
Instant view: BOJ eases policy after Japan forex intervention
The Bank of Japan eased monetary policy by boosting its asset buying scheme in a rate review that was cut short by one day in the wake of Tokyo's solo intervention to weaken the yen.
North Korean hackers hired to attack South Korea game network
More than 30 North Korean hackers were hired to work in China by a South Korean crime ring to steal the personal data of South Korean gamers, and channeled $5 million to their impoverished country in compensation, South Korea's police said on Thursday.
'Police Academy' Actor Bubba Smith Dead at 66
Charles "Bubba" Smith, former American Football star turned actor, was found dead in his Los Angeles home on Wednesday. He was 66.
Euro markets steady ahead of Spain auction, ECB
Euro zone sovereign bond markets steadied Thursday ahead of a crucial European Central Bank policy-setting meeting that investors hope will signal a more aggressive approach to fighting the currency area's debt crisis.
Yen sinks after intervention; stocks near lows
The yen tumbled from near record highs on Monday after Japan intervened to curb the currency's export-damaging strength, while world stocks held above 2011 lows as expectations grew for more policy action in developed countries.
Lloyds pushed $5.3 billion into red by insurance mis-selling
Compensating customers who were mis-sold insurance pushed Lloyds 3.25 billion pounds ($5.3 billion) into the red in the first half but the loss was broadly as expected and the British bank reiterated its full-year guidance.
Sarah Palin?s Hair Salon Gets Reality Show on TLC
The salon which gave her the signature beehive hair style will feature on TLC
Sex and Shoes, Both Lose to Smartphones
Continuous growth of smartphone market in the U.S. clearly reflects how people are attached to their cellphones, but a report from TeleNav shows how willing Americans are to compromise on other things in their life so that they can cling on to the handset.
Babysitter Sexually Assaulted 14-Year-Old Boy
A woman from Clinton, Connecticut was accused of having sex with a 14-year-old boy she was babysitting, after she got him drunk.