IBT Staff Reporter

Top U.S. retailers reported better-than-expected sales gains for June after smartly targeted bargains lured shoppers contending with a wobbly economy.

Stocks rose after the open on Thursday after data showed an improvement in the labor market ahead of Friday's key U.S. government monthly payrolls report.

Chelsea and Manchester United have been handed a blow in their pursuit of Tottenham midfielder Luka Modric after the player's agent revealed that the Croatian wouldn't hand in a transfer request.

Google’s new launch Google+ which has become highly popular in a few days and has prompted people to beg for invites by creating Twitter accounts dedicating to getting Google+ invites, is developing a business version of it.

U.S. private employers stepped up hiring in June and the number of Americans filing for jobless benefits fell last week, strengthening views the economy is positioned for a pick-up in the second half.

Broadcast revenues for the period covering the 2014 and 2016 Olympic Games will exceed $4 billion, International Olympic Committee President Jacques Rogge said Thursday.

The European Central Bank raised interest rates for the second time this year on Thursday, tightening policy to address above-target inflation in the euro zone despite the intensifying debt crisis in Greece.

U.S. private employers added far more jobs than expected in June, bouncing back from a surprise slump the month before, a report by payrolls processor ADP showed on Thursday.

The New York Stock Exchange, an icon of American capitalism, took a crucial step toward ceding control to a German company on Thursday, as investors threw their support behind a planned merger.

New U.S. claims for unemployment benefits fell more than expected last week, government data showed on Thursday, but distortions associated with the holiday weekend and a government shutdown in one state made it difficult to get a clear view of the labor market.

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Top U.S. retailers are on pace to report better-than-expected sales gains for June after bargains lured shoppers contending with a wobbly economy.

After weeks of impasse, President Barack Obama and top congressional leaders are aiming for something big as they resume budget talks on Thursday to avert an imminent default.

Stock index futures rose on Thursday before data that may provide investors clues about Friday's key U.S. government monthly payrolls report.

The European Central Bank raised interest rates a quarter of a percentage point to 1.5 percent on Thursday, in an effort to curb inflationary pressures threatening buying power in the common currency region.

HTC is trying to strengthen the grip it has established over the smartphone market in the absence of iPhone 5, tickled by the success of Samsung Galaxy S II which hit 3 million in 55 days in UK.

The European Central Bank is almost certain to raise interest rates later on Thursday and will show no let-up in its insistence that governments solve Greece's debt crisis without triggering a default credit rating.

The Bank of England kept its key interest rate at a record low on Thursday, as expected, and is likely to stay put for the rest of the year as the economy struggles to gain momentum.

International banks will hold a further round of talks on Thursday aimed at finding a way to contribute to Greece's second debt bailout after an earlier French plan ran aground.

Stock index futures advanced on Thursday before data on the labor market, which may provide investors clues about Friday's key payrolls report.

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The Bank of England kept its key interest rate at a record low 0.5 percent on Thursday as worries about Britain's lackluster recovery outweighed any concern about above-target inflation.

Live Nation Entertainment , the world's largest concert and promotions business, would benefit from being taken private, according to the company's largest shareholder.

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More consumers had trouble making payments on credit cards and other debts during the first three months of the year due to higher food and gas prices, an industry report said on Thursday.

LG Electronics Inc, the world's No.3 handset maker, cut its 2011 smartphone and handset targets on Thursday because its Optimus series has failed to stop the runaway success of Apple's iPhone and Samsung's Galaxy S.

It is the most popular subject on China's Internet that no one is allowed to talk about.

President Barack Obama took to Twitter on Wednesday to press his economic agenda, using the popular social media site to tweak Republicans and advocate for a deal to reduce the deficit.

China is well within its rights, legally and morally, to limit rare earth exports, argued an article in Chinese state media on Thursday, days after the World Trade Organization ruled against China on its curbs of raw materials exports.