Hundreds of computer geeks, most of them students putting themselves through college, crammed into three floors of an office building in an industrial section of Ukraine's capital Kiev, churning out code at a frenzied pace. They were creating some of the world's most pernicious, and profitable, computer viruses.
Lara Lewis used to be a stressed-out single mother whose teaching job left her little time for her young daughter, but now she works from home, selling an estimated $60,000 a year worth of jewelry online.
Stocks climbed on Wednesday, pushing the Dow to a recovery high, after a benign February inflation reading buttressed the Fed's renewed vow of low interest rates.
U.S. housing starts fell last month as winter storms disrupted construction, and another drop in building permits suggested the weakness would linger.
U.S. housing starts fell last month as winter storms disrupted construction and another drop in building permits suggested the weakness would linger.
U.S. housing starts fell last month as winter storms in some parts of the country disrupted home construction, and another drop in building permits pointed to underlying weakness in the near-term.
Consol Energy Inc agreed to buy Dominion Resources Inc's Appalachian natural gas properties for $3.48 billion in cash, giving Consol a leading position in the growing Marcellus Shale field.
Authorities in Ireland are investigating whether a second American woman was involved in a suspected international plot to kill a Swedish cartoonist for mocking the Prophet Mohammad, The Wall Street Journal reported on Friday.
Mixed consumer and retail data kept stocks near break even on Friday, but major indexes edged higher for a second straight week.
Hitting the road to rally support in the final push for healthcare reform, Obama used a campaign-style speech to urge Democrats to approve a bill and quickly end the political wrangling that has consumed Washington since July.
A Delaware court declined on Friday to disqualify a law firm that Air Products and Chemicals Inc is using in its $5.1 billion bid to acquire rival Airgas Inc .
Four Democratic senators entered into the clean energy vs. jobs fray, charging that too much federal stimulus money for wind energy projects is going to foreign suppliers and creating jobs abroad instead of in the U.S. The administration and the domestic wind energy industry immediately rejected the lawmakers' charges, as the political pressure to reduce unemployment continued to fuel the economic debate in Washington.
U.S. stocks rose on Friday as data showed U.S. employers cut a smaller number of jobs than expected last month, signaling a continued recovery in the economy.
The number of U.S. workers filing for jobless benefits fell last week, but a surprise drop in pending home sales to a 10-month low in January underscored the uneven nature of the economic recovery.
The number of U.S. workers filing for jobless benefits fell last week, but a surprise decline in January pending home sales contracts to a 10-month low underscored the slow nature of the economic recovery.
Stocks pared early gains on Thursday, hurt as weaker-than-expected energy demand hit the oil and gas sector, offsetting solid February retail sales figures.
An air-traffic controler at New York's JFK airport and a supervisor were suspended and are likely to be fired after allowing two 9-year old kids to direct planes at the airport, the New York Daily News reports.
Warren Buffett has said the hundreds of billions of dollars of taxpayer-funded bailouts of corporate America will eventually pay off.
Demand for a wide range of U.S. manufactured goods unexpectedly fell in January, while new applications for jobless benefits rose again last week, the latest data to suggest a step back in the economy's recovery.
Demand for a wide range of U.S. manufactured goods unexpectedly fell in January, while new applications for jobless benefits rose again last week, the latest data to suggest a step back in the economy's recovery.
Demand for a wide range of U.S. manufactured goods unexpectedly fell in January, while new applications for jobless benefits rose again last week, suggesting a step back in the economic recovery.
President Akio Toyoda apologized to lawmakers probing the automaker's safety record but ended the day in tears, worried his message went lost in translation.