A New York federal judge on Thursday damped hopes that he would throw out government wire tap evidence in the insider trading trial of Rajat Gupta, a former board member of Goldman Sachs and Procter & Gamble .
PepsiCo Inc is considering cutting about 4,000 jobs and reducing pension contributions in order to boost its earnings, the New York Post said, citing sources close to the situation.
Barclays Capital released its 2012 price outlook for precious metals Thursday. Despite short-term hurdles, a clouded macro-economic environment against a backdrop of low interest rates and political uncertainties continue to stoke investor appetite for a more diversified and less riskier portfolio.
Bank of America Corp shares surged more than 7 percent on Thursday, outpacing other U.S. banks on a day of positive job news.
Stocks rose on Thursday led by bank shares as investors bet a stronger economy will help boost balance sheets of U.S. based lenders.
Silver mining company shares rose Thursday as the price of the gray metal climbed nearly 1 percent and the broader equity markets posted gains.
President Barack Obama unveiled a defense strategy on Thursday that calls for greater U.S. military presence in Asia and envisions cutting troops in Europe as the Pentagon seeks to reduce spending by nearly half a trillion dollars after a decade of war.
Venerable bookseller Barnes & Noble said it will consider spinning off its thriving Nook business – its thriving e-book unit – while determining its own corporate future.
Some mother's give their young daughters Barbies for Christmas as presents. Sarah Burge, a woman known as the Human Barbie, didn't just give her daughter a Barbie doll, she gave her a liposuction voucher to help make her 7-year-old daughter, Poppy, into a Barbie.
Gold was on course for a fifth straight session of gains on Thursday as growing anxiety on Iran boosted its safe-haven appeal and rising seasonal demand in China buoyed sentiment.
Children's Place Retail Stores Inc
lowered its fourth-quarter earnings outlook, hurt by increased discounts to clear inventory, and the kids' clothes retailer said its comparable sales would remain flat.Yahoo named PayPal President Scott Thompson as its chief executive on Wednesday, hoping the well-regarded Internet technology and e-commerce expert will replicate his success at eBay Inc and turn around the struggling company.
Asian shares and the euro eased Thursday as concerns about the ability of euro zone countries to refinance their huge public debt dampened investor risk appetite ahead of a French bond auction later in the day.
2011 proved to be a sterling year for silver, according to recently released figures from the Silver Institute.
Blackstone Group LP will conclude fundraising for its latest buyout fund in January, raising just over $16 billion, three people familiar with the matter said on Wednesday, in a 4-year process challenged by the global financial crisis.
The surprise departure of PayPal President Scott Thompson from eBay Inc could seriously set back any moves to spin-off the payments business as a separate company, investors and analysts said on Wednesday.
Here are all the details on where to buy Kate Middleton's holiday accessories including diamond drop earrings, velvet hat, rain boots and sheepskin shearling jacket.
Securities regulators charged an Illinois-based investment adviser on Wednesday with using LinkedIn and other social media networking websites to lure investors by offering more than $500 billion in fake securities.
Bill Gross, the manager of the world's largest bond fund, is sounding like a Wall Street ghost-hunter in his latest investment letter.
Now that Scott Thomson, 53, has been elected as Yahoo’s new CEO as well as a director, here are a couple of items the technology savvy accountant needs to take care of fast:
WJB Capital Group Inc. announced Tuesday that the Wall Street firm is halting its brokerage operations after a difficult year. The firm now also faces a lawsuit by an investor, James McNally, alleging fraud.
Yahoo elected Scott Thompson, president of PayPal, as its new CEO, four months after ousting Carol Bartz as CEO and hiring investment bankers for a turnaround.
