Blockbuster wins 3-month restructuring extension
Blockbuster Inc. on Thursday received three more months to negotiate store leases with its landlords -- its second restructuring extension this week -- giving the video rental chain more time to try to reorganize its business.
Key Piece Of Laser Weapon Built
Scientists at Los Alamos National Lab have built a key component to battlefield lasers that could arm U.S. navy ships by the end of the decade.
Cisco: Windows Not The Only Hacker Target Anymore
Cybercrime has evolved beyond targeting Windows as it moves into smartphones, tablets and mobile platforms.
Mary Tyler Moore to star in “Hot In Cleveland” with Betty White
Mary Tyler Moore,74 years old and primarily known for her roles in television sitcoms, will reunite with her former co-star Betty white, 89, on the comedy series Hot in Cleveland. Both starred on the Mary Tyler Moore Show in the 1970s.
U.S. mafia is a national burden, says FBI director
Organized crime - as embodied by the U.S. mafia - hasn't gone away and is a nationwide concern for businesses and consumers, the head of the FBI said on Thursday after over 100 mafia members and associates were arrested and charged with a wide-range of crimes.
SEC approves asset-backed securities disclosures
U.S. securities regulators gave investors a closer look before they buy asset-backed securities with the adoption of two new rules on Thursday.
Gold Slumps to 2-Month Low as Dollar Rallies, Stocks Fall with Oil & Bonds
Reports that some financial institutions have started to exit their gold positions have been circulating this week, says French bank and London bullion dealer Natixis in its latest commodity analysis. Physically-backed ETF trust funds shrank almost 1% this week on Natixis' data - the sharpest weekly drop since we started keeping records in 2008.
Vatican letter to Tucson reveals cover-up mentality
Another Vatican letter instructing non-cooperation with civil authorities has come to light, this one from 1984 and addressed to the Bishop of Tucson, Arizona.
TerreStar Creditors Sue Bond Trustee
TerreStar Networks bankruptcy still has issues to untangle before a buyer comes in.
Google to ride busy holidays, faces growth question
Google Inc is expected to report a 22 percent jump in fourth-quarter revenue thanks to a busy holiday season, though it will face questions about long-term growth when it unveils results on Thursday.
Intel seen winning EU approval for McAfee deal: sources
Intel Corp is set to win EU approval next week for its $7.68 billion purchase of security software maker McAfee Inc after offering more concessions to ease antitrust concerns, two sources with direct knowledge of the matter said on Thursday.
Existing home sales surged in December
Home resales jumped more than expected in December despite bad weather as sellers cut prices, offering some hope for a sector that has been struggling to recover from its worst slump in modern history.
Arby's restaurant chain put up for sale
Wendy's/Arby's Group plans to sell its struggling Arby's roast beef sandwich chain to focus on the Wendy's hamburger business, undoing a 2008 deal engineered by billionaire investor Nelson Peltz.
Dow, S&P flat; Nasdaq falls after F5 results
The Dow and S&P were flat on Thursday while the Nasdaq slipped as investors paused to digest corporate earnings against raised expectations in a market many analysts viewed as extended.
Blockbuster wins more time to restructure
A bankruptcy judge on Thursday gave Blockbuster Inc three more months to negotiate leases, giving it a new lifeline as the video rental chain tries to reorganize its business.
NEC and Lenovo in PC joint venture talks: report
Japan's NEC Corp and China's Lenovo Group Ltd are in the final stages of talks for a tie-up in the personal computer business, the Nikkei business daily said.
Sex abuse scandals line John Paul's road to sainthood
The leadership of the Roman Catholic Church is embroiled, once again, in a sexual abuse scandal or, more properly speaking, another aspect of the same sexual abuse scandal that has haunted the Church for over 20 years.
SEC OKs asset-backed securities disclosure rules
U.S. securities regulators adopted new rules on Thursday that aim to give investors better information before they decide to invest in asset-backed securities, a market still struggling to recover from the financial crisis.
UnitedHealth quarterly profit tops Wall St views
UnitedHealth Group Inc posted a higher-than-expected fourth-quarter profit, helped by moderating use of medical services by its members and enrollment growth across its health insurance plans.
Obama to speak today at Kennedy anniversary
President Barack Obama will deliver remarks at the 50th Anniversary of John F. Kennedy's Inauguration on Thursday
SEC sets asset-backed securities disclosure rules
U.S. regulators adopted new rules Thursday that seek to give investors better information before they decide to invest in asset-backed securities, a market that's still struggling to recover from the financial crisis.
Instant view: Weekly jobless claims fall to 404k
U.S. initial jobless claims fell more than expected last week and showed their biggest decline since February, in a hopeful sign for the U.S. labor market.
Wall St drops as earnings miss high hopes
Wall Street fell for a second day on Thursday as earnings failed to live up to lofty expectations and investors booked profits in a market extended by weeks of gains.
Housing and jobs numbers signal firmer economy
U.S. home resales jumped more than expected in December and claims for new jobless claims last week posted their biggest decline in nearly a year, showing two key economic trouble spots on the mend.
More Young Kids Can Use Technology Than Tie Shoes
A new survey reveals kids aged 2-5 are more likely to know how to use a smartphone app than tie their shoelaces.
Wall St falls for 2nd day as materials, tech weigh
Stocks fell on Thursday as upbeat economic data on jobs and housing failed to offset a selloff in the technology and materials sectors.
Network-gear makers fall on F5 Networks weak outlook
Shares of network-gear makers fell in Thursday morning trade, a day after a leading company forecast weak second quarter, raising concerns about the pace of growth in internet traffic.
Quantum Computing Gets One Step Closer
A quantum computer could be one step closer as scientists at Oxford University have generated billions of quantum bits in silicon.
Instant view: Morgan Stanley quarterly profit up 60 percent
Morgan Stanley posted a 60 percent increase in fourth-quarter shareholder profit, helped by rising revenue in its retail brokerage business.
F.B.I arrest close to 130 mobsters
The FBI has arrested more than 100 suspected mobsters on Thursday.This FBI Mafia bust is the largest ever in New York's organized crime history.