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Republican rebels force new delay in debt crisis

Urgent efforts to avoid an unprecedented U.S. debt default suffered a new blow on Thursday when some fiscally hardline Republicans blocked a budget deficit plan proposed by their own congressional leaders.

James Murdoch confirmed as BSkyB chairman

James Murdoch was unanimously confirmed as chairman by BSkyB's board, winning a reprieve from a phone-hacking scandal that threatens to draw him into multiple investigations, two sources briefed on the board meeting told Reuters.

Community Health profit tops forecasts, stock up

Community Health Systems Inc (CYH.N), the second-largest U.S. hospital operator, beat analysts' second-quarter earnings expectations on higher operating revenue, sending its shares up more than 6 percent in after-hours trading.

Fortune tenders for $1 bln in debt

Fortune Brands Inc (FO.N) announced a tender offer on Thursday for up to $1 billion of debt using funds from the company's planned sale of its Acushnet golf business.

Latin America helps Colgate, Avon during U.S. slump

Big gains in Latin America covered up U.S. declines at Colgate-Palmolive Co (CL.N) and Avon Products Inc (AVP.N), with the world's largest direct seller of cosmetics seen as having a harder road to recovery.

Muni issuers put on notice that fate tied to U.S.

Scores of issuers in the U.S. municipal bond market, including cities, counties and school districts, were put on notice on Thursday by Moody's Investors Service that their top ratings could be cut if the United States' Aaa rating falls.

China pork buying talk lifts hogs

U.S. hog futures advanced on Thursday on renewed talk China may be seeking more U.S. pork, record high wholesale pork prices and higher live cash hog markets in the U.S. Midwest.

House Republicans challenge Senate Democrats

House of Representatives Republican leader Eric Cantor Thursday challenged the Democratic-led Senate to accept a House-passed bill raising the debt limit or suffer the consequences of default.

Boehner: has no control over possible downgrade

House of Representatives Speaker John Boehner, the top Republican in Congress who has put forward a deficit reduction plan to be voted on later Thursday, said he had no control over whether his bill would avert a credit downgrade.

Flu "super antibody" may bring universal shot closer

Scientists have found a flu "super antibody" called FI6 that can fight all types of influenza A viruses that cause disease in humans and animals and say their discovery may be a turning point in the development of new flu treatments.

Norway attacks boost political parties' membership

Membership of Norway's political parties has surged in response to calls to counter last week's massacre with more democracy and political participation, and some warn that the debate must shed traces of xenophobia.

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