US Consumer Spending Rebounds For Holiday Season
Retail sales slowed in September and October, but better income prospects are helping to revive consumer sentiment.
AstraZeneca In Talks To Buy Cancer Drugmaker Acerta For $5B: Report
Acerta, based in the Netherlands, is developing cancer drugs that use the body's own defenses against the disease.
Trump Maintains Lead In First Poll Of GOP Voters Since Muslim Comments
Many Republican voters said they were not bothered by the candidate's remarks, though some said the comments could still hurt his chances of becoming president.
Video: Oil Dips to 7-Year Low On Glut Gloom
As crude oil prices dip to seven-year lows, it appears global oil markets will remain oversupplied at least until the end of 2016 as demand growth slows and OPEC output booms. Grace Pascoe reports the warning from the International Energy Agency comes after a bad week for markets.
Video: Fear, Anger At New York Anti-Trump Rally
Human rights activists gather to protest against Donald Trump's recent comments on banning Muslims from entering the U.S. Natasha Howitt reports.
FanDuel, DraftKings Fantasy Sports Sites Shut Down By New York Judge
Attorney General Eric Schneiderman won an injunction Friday against the sites, which he argued amount to illegal games of chance. DraftKings promised to appeal.
Video: China's Smog Boom For Electric Cars?
After China's first pollution "red alert" this week, the government is regulating the number of cars on roads. But there are no restrictions on electric cars. This could prove to be a boost for an already booming electric car industry, as China is already poised to overtake the United States at the largest market for electric cars.
Chinese Tech Giant Alibaba To Buy South China Morning Post Newspaper
The purchase of Hong Kong's largest English-language newspaper also includes licenses to a range of other media properties in the region.
Beijing May Ease Household Residence Rules
All Chinese citizens have a residence registration account that determines their access to education and other social welfare services.
Activist Pressure Helps Reshape US Corporations, From Yahoo To Dow
Activists have played a direct role in half of the 10 largest U.S. mergers and acquisitions announced this year.
Connecticut To Ban Gun Sales To People On Watch Lists: Governor
The executive order, which Gov. Dannel Malloy said requires federal approval, follows a call by President Barack Obama for Congress to take similar action.
Armed Suspect Arrested At Arkansas State University
The campus was on lockdown Thursday as police engaged in a standoff with the man for about an hour, authorities said.
Video: VW Chairman Says Company Is "Fighting For Every Customer"
Volkswagen has agreed on steps to improve oversight of engine-software development to avoid future manipulations after its admission of cheating U.S. diesel-emissions tests caused the biggest scandal in the German carmaker's corporate history. Correspondent Grace Pascoe reports.
GM’s Ignition-Switch Fund Offers $595 Million To Victims As Defect’s Cost Tops $2 Billion
Costs related to the ignition switch defects have now topped $2 billion.
Video: Bank Of England Leaves Rates On Hold
Nearly seven years after the Bank of England cut rates to a record low, the Bank has left them unchanged once again.
Video: Madonna Does Impromptu Street Concert For Paris Attacks Victims
Madonna gives impromptu concert at Place de la Republique makeshift memorial for victims of November 13 attacks in Paris.
Nobel Laureates To Collect Awards Amid Heightened Security
The chief of staff for Oslo police told Reuters that there were no specific threats the police were aware of in Norway.
US Air Force To Work On Alternative GPS Ground System
The move is prompted by problems with a system being developed under a $1.5 billion contract with Raytheon Corp.
Former US State Dept. Employee Pleads Guilty To ‘Sextortion’
An Atlanta man used hacked data to reach out to victims and engage in cyberstalking to demand sexually explicit material.
Clinton Aims To Stop 'Earnings Stripping' To Curb Inversion Deals
Earnings stripping covers a range of deals that shrink the taxable U.S. profits of multinational corporations, while allowing them to take some U.S. tax deductions.
Citigroup To Take $300M 'Repositioning Charge' In Q4
Citi will also add up to $400 million in loan reserves from the third quarter for energy loans, based on the expectation that oil prices will remain low.
US House To Vote Friday On Bill To Avoid Government Shutdown
Lawmakers are negotiating a $1.15 trillion funding bill to pay for government operations through September, with the deadline for action Friday at midnight.
US Ready To Send Advisers, Helicopters To Help Retake Ramadi, Iraq
Retaking Ramadi, a provincial capital just a short drive west of Baghdad, would be a major victory for Iraqi Prime Minister Haider al-Abadi.
FMC Technologies In Acquisition Talks With French Oilfield Services Company Technip: Sources
A deal would illustrate how lower energy prices are driving consolidation in the oil services sector, as companies seek savings and synergies to boost profits.
Morgan Stanley Begins Layoffs In Credit Division
The decision to downsize followed one of the company's slowest quarters for bond trading since the global credit crunch.
Fiat Chrysler To Pay $70M US Auto Safety Fine: Sources
The settlement is expected to be announced by the National Highway Traffic Safety Administration as early as Thursday, sources said.
Video: Google Patents Needle-Free Blood-Drawing Watch
Speculation that Google’s next piece of wearable technology will be a blood-sucking smart watchthat helps diabetics monitor blood-sugar levels is growing after the tech giant filed a patentapplication for the device.
Video: Bitcoin's Creator Finally Unmasked?
Australian Federal Police have raided what witnesses say is the Sydney home of a man named by Wired magazine as the probable creator of cryptocurrency bitcoin. As correspondent Ivor Bennett reports, his identity has long been a mystery.
People Exit Rebel-Held Area In Syrian Peace Deal: Monitor
Around 750 people, including scores of fighters and civilians, were expected to leave during the day.
Exclusive: Australian Police Raid Sydney Home Of Reported Bitcoin Creator
The police raid in Australia came hours after reports that Craig Steven Wright was probably the secretive bitcoin creator.