Gates to tour Lockheed F-35 fighter plant
U.S. Defense Secretary Robert Gates will visit a Lockheed Martin Corp production plant for the F-35 fighter aircraft, the Pentagon's costliest arms purchase program, and an L-3 aircraft facility, highlighting their importance to the U.S. Defense Department, a Pentagon spokesman said on Thursday.
Vale has no iron ore talks with China now, CEO says
Brazilian miner Vale is not not talking with Chinese steelmakers about the iron ore benchmark price for 2009, now and it will go on supplying iron ore to China at a temporary price, which is 60% to 80 % of the 2008 price, company CEO Roger Agnelli said on Wednesday.
VW Portugal shelves some layoffs as sales improve
Volkswagen's (VOWG.DE) Portuguese unit said on Thursday it was cautiously optimistic about a recovery trend in car sales in Europe and cancelled planned temporary layoffs of several days over the next two months.
U.S. dollar bulls may be hobbled by economy
The U.S. economy has been improving, and dollar investors are starting to take notice. But punters who bet on more greenback gains from stronger U.S. economic data and interest rate hikes could be disappointed.
Volvo truck shipments down 54 pct in July
World number two truck maker Volvo AB (VOLVb.ST) said its truck shipments fell 54 percent year-on-year in July as the economic downturn weighed on demand for commercial vehicles across the globe.
US STOCKS-Wall St gains on oil rebound; Boeing, financials up
NEW YORK - U.S. stocks closed higher on Thursday as investors turned back an early sell-off, thanks to a rebound in oil prices.
Connecticut to scrutinize UBS clients on taxes
Connecticut Attorney General Richard Blumenthal is investigating whether any state residents were among the thousands of U.S. customers of Swiss bank UBS AG who may have evaded income taxes.
Opel liquid to about January: German official
Opel has the liquidity to operate until next year, a senior German government official said on Thursday as a rift appeared to develop in the ruling party over whether the General Motors Co unit should be sold to Canada's Magna International (MGa.TO).
Dell profit down 23 pct, sees stronger second half
Dell Inc.'s second-quarter profit was plunged 23 percent as the personal-computer industry's slump dragged on this summer.
Wall Street gains on oil rebound; Boeing, financials up
U.S. stocks closed higher on Thursday as investors turned back an early sell-off, thanks to a rebound in oil prices.
Moody's reviews Sallie Mae for possible downgrade
NEW YORK - Moody's Investors Service is reviewing debt of Sallie Mae (SLM.N), the largest U.S. student loan provider, for a possible ratings downgrade due to concerns about future earnings and cash flow, the rating firm said on Thursday.
CVC fails to pay loan, loses Skylark stake - Nikkei
PHILADELPHIA - CVC Capital Partners failed to repay a loan owed to Chuo Mitsui Capital Co and lost its stake in restaurant chain Skylark Co, The Nikkei reported in its Friday morning edition.
Toyota to pull out of California plant: sources
Toyota Motor Corp has decided to end production at a California plant it has shared with General Motors for 25 years, industry sources said on Thursday.
Black Eyed Peas, Miley Cyrus lead U.S. singles chart
The Black Eyed Peas extended their unprecedented run at the top of Billboard's Hot 100 singles chart to 21 weeks on Thursday, while Miley Cyrus kept partying at No. 2.
TV pitchman Trudeau has FTC fine, ban thrown out
A federal appeals court has thrown out a $37.6 million fine and three-year infomercial ban against Kevin Trudeau, who has long battled regulators over his marketing of
Death Cab For Cutie scores lead
Death Cab For Cutie has scored the lead-single spot on the soundtrack for
Healthcare stocks coming out of intensive care - Analysis
Vital signs for healthcare stocks are improving at the expense of what is shaping up to be a watered down government health reform initiative.
Celebrity mugshots
Actress Lindsay Lohan is pictured in this police booking photograph released July 24, 2007. California officials, on August 23, 2007, charged Lohan with seven misdemeanor counts of cocaine possession, drunken driving and reckless driving stemming from two arrests.
Economy shrinks less, jobless claims fall
The U.S. economy shrank less than expected in the second quarter, despite a record drop in inventories, and fewer workers filed new claims for jobless benefits last week, a sign the economy was starting to heal.
Stocks end higher; Boeing boosts Dow
U.S. stocks ended higher on Thursday as aircraft maker Boeing Co rose after it said it expects the first flight of its long-delayed 787 Dreamliner by the end of 2009, boosting the Dow, and financial shares' strength helped lift the broad market.
Kazakhmys first-half earnings beat expectations
Kazakh copper producer Kazakhmys Plc posted better-than-expected first-half earnings on Thursday, helped by cost cutting and the sale of stockpiled inventories to China, lifting its shares more than 4 percent.
Connecticut to scrutizine UBS clients on taxes
Connecticut Attorney General Richard Blumenthal is investigating whether any state residents were among the thousands of U.S. customers of Swiss bank UBS AG who may have evaded income taxes.
Oil falls on rising U.S. stockpiles
Oil slipped on Wednesday, extending hefty losses from the previous session as rising stockpiles of U.S. crude outweighed positive economic data.
AIG shares soar as Greenberg set to help new CEO
Shares of insurance giant American International Group Inc rose as much as 33, buoyed by the company's improving relations with former long-time CEO Maurice Hank Greenberg.
Jaycee Lee Dugard found alive after abduction 18 years ago
Jaycee Lee Dugard, who was kidnapped 18 years ago at age 11, was found alive and well and police has contacted her family to arrange a meeting.
Regulators open inquiry into wireless industry
U.S. regulators launched an inquiry on Thursday into competition in the wireless industry, a step that could lead to probes of other sectors.
Apple First: Adding Anti-Malware to 'Snow Leopard'
On Wednesday, it was discovered that the latest version of Apple's OS X has clear built-in malware protection, which Apple confirmed.
PetroChina denies scandal of buying houses with privilege
PetroChina, the nation's largest oil company, has denied a recent scandal that their employees were involved in purchasing over 1,000 apartments with preferential treatment in Beijing, CCTV reports.
Wall Street gains on Boeing, oil
Stocks rose on Thursday, reversing earlier losses, as Boeing Co surged on encouraging news about its long-delayed 787 jetliner and oil prices rebounded.
Jaycee Lee Dugard, Kidnapped in 1991 returns alive (video + pictures)
A little girl kidnapped in 1991 from South Lake Tahoe has been found alive and in good health in Concord, California, according to the CBS News report.
