China authors says Google violated copyrights
A group representing authors in China has accused Google of violating copyrights with its digital library, a claim that Google denies by saying the service complies with international law.
Stock futures point to lower open
Stock futures were poised for a slightly lower open on Thursday after the government said new jobless claims rose more than expected and a slew of big corporate earnings reports, including UPS, 3M, Dow Chemical and Merck.
McDonald's posts strong profit
McDonald's Corp posted a stronger-than-expected quarterly profit on Thursday, helped by cost controls and rising sales in all regions, and expects same-store sales to remain positive in October even though people eat out less often.
Business urged to protect nature; Unilever a model
Companies must step up efforts to safeguard nature, according to a U.N.-backed study on Thursday that praised consumer foods giant Unilever as among few firms doing enough.
Rise in new jobless claims signals soft labor market
The number of U.S. workers filing new claims for unemployment benefits rose more than expected last week, data showed on Thursday, indicating the labor market remains fragile despite signs of economic revival.
The Big Man on life with and without Springsteen
Saxophonist Clarence The Big Man Clemons knew his life would never be the same when he walked up to a New Jersey bar nearly 40 years ago and the door blew off its hinges and sailed into a storm-battered night.
Manila's Petron aims to raise $500 mln from share sale
Top Philippine refiner Petron Corp said on Thursday it aimed to raise as much as $500 million through a preferred share issue, but it did not give details of timing.
Galleon managers in Asia explore buyout of fund: sources
The managers of Galleon's $500 million Asia fund are exploring a possible buyout of the unit, sources told Reuters on Thursday, as the Singapore-based traders strive to keep investors on board after redemption requests.
Dow Chemical profit spikes, sales drop
Dow Chemical Co said on Thursday that third-quarter net income jumped 78 percent even as sales dropped.
NYC sees economic gold in green jobs
Recession-stricken New York City plans to double its current green work force by creating over 13,000 new jobs in the next decade, partly by competing with London to become the new center for carbon trading, a city official said on Wednesday.
Michael Buble still tops on U.S. album chart
Michael Buble occupied the penthouse of the U.S. pop album chart for a second consecutive week, holding strong against the soundtrack from The Twilight Saga: New Moon, which debuted at No. 2.
Goodrich posts profit, cuts '09 sales view
Goodrich Corp reported a third-quarter profit on Thursday that was helped by cost cuts and strong defense demand, but cut its sales outlook for this year and forecast 2010 earnings below current Wall Street estimates.
Canyon offers gruesome jolts, familiar story
When a young couple decides to leap off the beaten path to explore nature in all its rugged extremes, you know they are heading for the vacation from hell.
Entry-level candidates needs professional résumés too
Dear Rebecca: Thank you for submitting your résumé for my Notes of a Résumé Writer series; I am pleased to be able to provide some guidance to help you create an interview-generating job search tool. Let's touch on a few key areas of your résumé which should be addressed.
Oil falls towards $80 as dollar rises
Oil slipped toward $80 on Thursday as a stronger dollar encouraged investors to lock into profits from a 12-month high hit the previous day.
Nestle speeds ups buyback, may sell Alcon stake
Cash-rich Nestle SA, the world's biggest food group, said it was speeding up a programme to buy back shares and was likely to raise fresh funds from the sale of its stake in eye care firm Alcon.
Top pay at bailed out companies to be cut
Top earners at financial and auto companies bailed out by the U.S. government will see their pay slashed under an Obama administration plan aimed at addressing public outrage over eye-popping paychecks, two sources familiar with the matter said on Wednesday.
McDonald's shares rise on strong profit
McDonald's Corp posted a stronger-than-expected quarterly profit on Thursday, helped by cost controls and rising sales in all regions, and expects same-store sales to remain positive in October even though people eat out less often.
GLOBAL MARKETS-Poor earnings knock stocks, dollar bounces
Disappointing corporate results knocked equities lower on Thursday, set Wall Street up for a poor start and helped the dollar bounce off 14-month lows. Gold and oil both slipped as the dollar rose. Euro zone government debt was stronger.
UPDATE 1-New York Times posts narrower quarterly loss
The New York Times Co's (NYT.N) quarterly loss shrank after taking a writedown last year, the newspaper publisher said on Thursday, while revenue fell on a 27 percent decline in advertising sales.
Stock futures mixed ahead of data, earnings
Stock futures were mixed on Thursday ahead of leading indicator and jobless data and a slew of big corporate earnings reports, including UPS, Amazon.com, 3M, Dow Chemical and Merck.
RPT-Fed's Rosengren: Economy to grow reasonably in Q3, Q4
The U.S. economy will grow reasonably in the second half of this year, but the Federal Reserve needs to see more progress before taking some of its economic support away, Eric Rosengren, the president of the Boston Fed said on Thursday.
Fed's Rosengren: Economy to grow reasonably in Q3, Q4
The U.S. economy will grow reasonably in the second half of this year, but the Federal Reserve needs to see more progress before taking some of its economic support away, Eric Rosengren, the president of the Boston Fed said on Thursday.
UPDATE 1-Huntington posts fourth straight quarterly loss
U.S. Midwest regional bank Huntington Bancshares Inc (HBAN.O) posted its fourth straight quarterly loss, as it had to set aside more money to meet losses from bad loans.
UPDATE 3-Travelers Cos 3rd-qtr profit beats Wall St view
Travelers Cos Inc's (TRV.N) quarterly profit more than quadrupled beating expectations, as underwriting gains surged.
UPDATE 1-Sterling Bancshares posts surprise Q3 loss
Sterling Bancshares Inc (SBIB.O) posted a surprise quarterly loss, hurt by a three-fold increase in provision for loan losses and higher charge-offs.
UPDATE 1-BankAtlantic Q3 loss increases five fold
BankAtlantic Bancorp Inc (BBX.N), a U.S. regional bank, posted a wider-than-expected third-quarter loss, hurt by higher loan loss provisions.
EURO BONDS-Morgan Stanley, Caixa Catalunya, Axis Bank, NRW
News, details on bond issues in the European markets on Thursday:
International Oil Data Gaps
In a supplement to the October 2009 Short-Term Energy Outlook, the Energy Information Administration (EIA) analyzed the inherent volatility of energy prices by looking at the options market. This supplement was the first product under the EIA's Energy and Financial Markets Initiative launched in September. The Initiative is aimed at examining all the variables that affect energy prices and price volatility.
BOJ FOCUS-BOJ leaning towards credit mkt exit, rebuffing govt
The Bank of Japan is leaning towards scrapping some corporate finance support programmes in December, sources with knowledge of the bank's thinking said, rebuffing government pressure to delay an exit from credit markets.