Hurricane Bill gains speed
Hurricane Bill gained speed and is expected to become the first hurricane of the season as it makes its way toward Bermuda later this week. Ana may dissipate today in the Caribbean according to reports from the National Hurricane Center.
iPhone gets MIIT approval, certified for sale in China (Photos)
Apple's iPhone has passed the entry-net test, signaling that it's a step closer to the huge Chinese market, Sina Tech said on Monday.
Fed, Treasury extend TALF to mid-2010 for CMBS
The U.S. Federal Reserve said on Monday it will extend to mid-2010 an emergency program aimed at boosting lending in the ailing commercial real estate market.
Battered consumers still need Fed support
Consumers, the cornerstone of U.S. economic activity, are still in disarray, data and central bank measures signaled on Monday, as households struggle amid the worst recession since the Great Depression.
U.S. August home-builder sentiment highest in year
U.S. homebuilder sentiment in August rose to its highest level in over a year, a private survey showed on Monday, adding to mounting evidence that the housing market and economic recession were leveling out.
Oil falls nearly $2 on recovery jitters
Oil fell nearly $2 to below $66 a barrel on Monday as investors became more cautious about the pace of global economic recovery and a potential revival in energy demand.
Euro dips vs Dollar; yen up broadly on risk aversion
The euro hit a two-week low against the dollar and neared a one-month trough against the yen on Monday as world stock markets fell and doubts about a U.S. recovery prompted investors to cut exposure to risk.
China cut U.S. Treasury holdings in June
China reduced its holdings of U.S. Treasury debt in June by the biggest percentage in nearly nine years, according to Reuters historical data and a Treasury Department report issued on Monday.
Full list of Dancing With the Stars Season 9 unveiled
ABC unveiled Monday the full cast for the ninth season of its TV Show Dancing With the Stars on Good Morning America.
Wall St falls on recovery concerns
U.S. stocks slid on Monday, dropping after a bleak outlook from home improvement giant Lowe's and weak economic figures from Japan reignited concerns about world demand.
Porsche, VW might merge before 2011: report
German carmakers Porsche (PSHG_p.DE) and Volkswagen (VOWG.DE) might merge in 2010 already instead of 2011 as currently planned, German newspaper Die Welt reported, citing VW's finance chief.
BB&T making $750 million stock offering
Southeast regional bank BB&T Corp , which on Friday agreed to buy assets of lender Colonial Bank, said it is making an offering of $750 million of its common stock.
Yang upstages Woods with Hazeltine win
South Korean Yang Yong-eun became Asia's first male major winner after overhauling Tiger Woods in stunning fashion to clinch the U.S. PGA Championship by three shots on Sunday.
Toyota denies plan to build hybrid car in France
Toyota Motor Corp said on Monday it has no plans to build a hybrid car at its Valenciennes factory in northern France, denying a report in La Tribune.
Mid-Day Minute - August 17
Wall Street tumbles on global recovery concerns, Fed, Treasury extend TALF to mid-2010 for CMBS; CIT completes debt tender, buys time to restructure
Telecom operators hurt selling iPhones
Heavy subsidies shelled out by telecom operators around the world to lure consumers to buy an Apple iPhone have done nothing to increase profits, and have even dented them in some cases, a research report showed on Monday.
Oil falls 3 percent on recovery jitters
Oil fell over 3 percent to below $66 a barrel on Monday, its lowest this month, as investors became more cautious about the pace of global economic recovery and a potential revival in energy demand.
N.Y. manufacturing growth emerges in August
A gauge of the New York state factory sector showed growth for the first time since April 2008, signaling manufacturers could lead the U.S. economy out of the worst downturn in 70 years.
Full list of “Dancing With The Stars 2009†Season 9 Cast
The competitors of Dancing With The Stars were announced on Good Morning America earlier on Monday.
Wall Street tumbles on global recovery concerns
Stocks fell broadly on Monday as ongoing concerns about the speed of a global economic recovery were compounded by data from Japan, which showed that while the world's No.2 economy returned to growth, the recovery may be shaky.
CIT completes debt tender, buys time to restructure
CIT Group Inc said on Monday it completed its tender offer for $1 billion in debt maturing today, buying the company more time to attempt to restructure its debt and stave off bankruptcy.
WHO chief urges swine flu vigilance
The world must remain on its guard against H1N1 influenza, which has been mild so far but could become more serious as the northern hemisphere heads into winter, the head of the World Health Organization said on Sunday.
Public insurance plan not essential: Sebelius
The government-run health insurance option favored by President Barack Obama is not essential to a healthcare overhaul as long as the final measure boosts competition, a top U.S. health official said on Sunday.
Russia says finds missing ship and crew alive
Russia has found a missing merchant ship, whose disappearance baffled European maritime authorities, near the Cape Verde islands and the crew are alive, Defence Minister Anatoly Serdyukov said on Monday.
Thai red shirts rally, seek pardon for Thaksin
More than 20,000 supporters of former Thai premier Thaksin Shinawatra rallied in the historic heart of Bangkok on Monday, seeking a royal pardon for the fugitive billionaire and illustrating a deep political divide.
Quitting smoking causes quick drop in inflammation
Just weeks after quitting smoking, women show major reductions in several markers of inflammation associated with heart disease risk, new research shows.
Suicide truck bomber kills 20 in Russia's Ingushetia
A suicide bomber rammed a truckload of explosives into the local police headquarters in Russia's Ingushetia region on Monday killing 20 people, the deadliest attack in the North Caucasus region since 2005.
Lowe's gives dismal quarterly outlook
Lowe's Cos posted a 19 percent drop in quarterly profit on Monday and forecast current-quarter earnings below Wall Street estimates as consumers put off big home projects, sending its shares down more than 8 percent.
More evidence that fish is brain food
Older adults in developing countries who regularly eat fish seem to have a lower risk of dementia, a new study suggests.
Rosetta Stone cuts outlook; shares sink
Language training software maker Rosetta Stone Inc cut its third-quarter earnings outlook and scrapped a proposed stock offering barely a week after announcing it, sending shares down more than 25 percent.
