U.S criticized over Chrysler Financial settlement
The U.S. Treasury may not have fully vetted the settlement of its interest in Chrysler Financial last year and not gotten a strong enough return for taxpayers, a bailout watchdog said in a report on Thursday.
Gap gets active in young market with Athleta store
Gap Inc's Athleta brand of athletic wear for women will open a flagship store on Thursday in San Francisco to connect with brick-and-mortar shoppers after booking double-digit sales growth through its catalogs and website.
Treasury's Geithner says China needs faster yuan rise
U.S. Treasury Secretary Timothy Geithner said on Wednesday that China needs to raise the value of the yuan more quickly and faster progress could pave the way for greater access to U.S. high-tech goods.
News Corp says looking at spinout or sale of MySpace
News Corp is exploring strategic options for its MySpace Web site including a sale or a spinout, the company said on Wednesday, a day after the former social networking high-flyer slashed nearly half of its staff.
CBS renews 'Big Bang' for three seasons
'The Big Bang Theory', the hit sitcom produced by Warner Bros, gets a three year nod from CBS.
Tsotsobe leads South Africa to emphatic win
Lonwabo Tsotsobe received the man of the match award after his four wickets led South Africa to a crushing 135-run win over India in the first one-day international at Kingsmead on Wednesday.
Rupee hits 1-½ week peak; retreats on share fall
The rupee touched one-and-half-week highs early on Thursday, boosted by overnight losses in the dollar, but soon retreated tracking weak domestic shares, which added to worries of more foreign fund withdrawals.
James Bond is back in action
The 23rd Bond movie will be released in November 2012
Infosys Q3 disappoints, economic worries hit outlook
Infosys Technologies' weaker-than-expected results sparked concerns over growth rates of India's showpiece outsourcing sector as the company flagged a sluggish global economic recovery and currency volatility.
India to ban exports of wheat products - report
The government may ban wheat product exports in a series of measures to tame spiralling food prices that have fuelled rapid inflation and increased pressure on an embattled ruling Congress party, local media said.
IOC not hit by Iran crude payments row - chairman
Indian Oil Corp has so far been unaffected by an oil payments row with Iran but could turn to the spot market if there is any disruption to imports, the company's chairman said on Thursday.
Euro dips before more debt auctions, oil edges up
The euro dipped on Thursday but could head higher if Spain and Italy, like Portugal, also find decent demand for their debt, while U.S. oil prices crept up to $92 a barrel, potentially straining consumers who are already watching food prices climb.
Euro steady before more debt auctions, oil advances
The euro was stable on Thursday and could head higher if Spain and Italy like Portugal also find decent demand for their debt, while U.S. oil prices marched above $92 a barrel, potentially straining consumers watching food prices climb.
Obama pays tribute to Arizona victims
President Barack Obama paid tribute on Wednesday to the victims and survivors of a mass shooting in Arizona which killed 6 and injured 14, including Rep. Gabrielle Giffords, whom the President said opened her eyes for the first time since the shooting.
Obama's Arizona memorial speech (FULL TEXT)
The following are remarks by President Barack Obama as prepared for delivery on January 12, 2010 at memorial service for the victims of the shooting in Tucson, Arizona at the University of Arizona's McKale Memorial Center in Tucson.
ITT to break itself up, fueling share rally
U.S. manufacturer ITT Corp plans to split itself into three publicly traded companies to take advantage of growing water management and industrial markets as its defense unit braces for U.S. military spending cuts.
Spending cuts just getting started, says House Republican
A Republican lawmaker says his party's push last week to cut the Congressional budget and match new spending with spending cuts elsewhere was just the beginning of a push to keep cutting.
PC shipment growth lackluster in Q4
Global personal computer shipments crept up only slightly in the fourth quarter, a pair of industry trackers said on Wednesday, hurt by weak consumer holiday demand and competition from Apple's iPad tablet.
AOL partners with reality tv powerhouse Endemol
LOS ANGELES - AOL and Endemol USA announced a partnership Wednesday to co-develop and co-produce new web programing aimed at AOL's growing women's audience.
SEC charges government website maker over CEO perks
NIC Inc, which builds websites and provides various services to more than 3,000 government agencies, agreed to settle Securities and Exchange Commission charges that it hid more than $1.18 million of perks awarded to its former chief executive.
Ultimate Software looks at selling itself: sources
Ultimate Software Group Inc has hired an investment bank to review a possible sale of the cloud-computing company, said three sources familiar with the situation.
Toyota comeback in U.S. could trigger share rebound
The public isn't cutting Toyota Motor <7203.T> much slack, but the world's top automaker is looking to shake off the recall crisis and at least match the growth in its key U.S. market this year in what could bode well for its lusterless shares.
Sudan's referendum is valid, officials say
More than enough registered voters in Sudan will cross a key participation threshold, making valid the referendum to decide whether or not the nation splits into two, officials said Wednesday.
As China moves to free up yuan, investors want more
State-owned Bank of China Ltd's move to offer limited deposit services in the renminbi to U.S. customers represents a tiny step in what will be a long journey for the Chinese unit to become a widely-traded international currency.
Corrected: Wikipedia, 10 years old, targets India
(Wikipedia corrects its unique visitors figure to 410 million from 440 million in paragraph 3)
U.S. public strongly opposes debt level increase: Reuters/Ipsos
The U.S. public overwhelmingly opposes raising the country's debt limit even though failure to do so could hurt America's international standing and push up borrowing costs, according to a Reuters/Ipsos poll released on Wednesday.
Mortgage applications increased last week: MBA
Applications for U.S. home mortgages increased last week as lending rates eased from recent highs, an industry group said on Wednesday.
Investors bet on Nvidia's new mobile chips
Nvidia shares soared 15 percent on Wednesday, their biggest one-day rise in over two years, as investors bet the company's new chips would win it a major stake in future tablets and smartphones.
ITT Corp to break itself up, shares rise 18 percent
U.S. manufacturer ITT Corp plans to split itself into three companies to take advantage of growing water and industrial markets as its defense unit braces for U.S. military spending cuts.
Housing prices to hit bottom this spring: economist
U.S. housing prices overall are expected to hit bottom by spring 2011 and begin a gradual rise in 2012, Frank Nothaft, chief economist and vice president of housing lender Freddie Mac said on Wednesday.