Goldman Sachs Group Inc rattled investors with earnings that fell far short of expectations because of sharp declines in bond trading revenue, long a key source of profits for the investment bank.
An Apple iPhone 4 which fell from a height of 13,500 feet miraculously survived and was found good enough to make calls with.
Shares of major U.S. airlines fell to one-year lows on Monday on uncertainty over the economy and expectations that travel will slow down in the fall.
James Murdoch's future as chairman of British Sky Broadcasting was thrown into doubt on Monday after minority investors called for a corporate governance health-check of its board in the wake of the News Corp phone hacking scandal.
Earlier reports that Max died were discredited by Coronado law enforcement
World stocks and the euro fell while gold hit record highs on Monday as disappointment over financial health checks on European banks and escalating U.S. and euro zone debt problems sent investors scrambling for safe haven assets.
U.S. consumer prices fell 0.2 percent in June, the first monthly fall in a year, with the annual inflation rate unchanged at 3.6 percent, still the highest the Labor Department said.
The economy may not see a strong pick-up in growth in the second half of 2011 as the number of Americans filing for first-time jobless benefits remained high last week and retail sales barely rose in June.
The number of Americans claiming initial unemployment benefits dropped last week, but remained elevated and retail sales barely rose, suggesting the economy would struggle to regain speed in the second half.
U.S. retail sales edged up 0.1 percent in June, after dipping 0.1 percent in May, as a rebound in receipts from auto dealers offset the biggest drop in gasoline sales in a year, the Commerce Dept said.
President Barack Obama and top lawmakers fell short on Monday of finding enough spending cuts for a deal to avoid an August 2 debt default and Republicans came under fresh pressure to agree to tax hikes.
A fan dies while trying to catch a baseball in the stands.
Stock index futures fell on Monday as renewed jitters about Europe's debt crisis and the global economy overshadowed the start of earnings season.
The official release date is still in the fall
Les Hinton was adamant. Asked in 2007 by a British parliamentary committee whether the News of the World had carried out a full, rigorous internal inquiry into the use of illegal phone hacking by the newspaper and was absolutely convinced it was limited to a single reporter, Hinton did not hesitate.
A Texas Rangers fan has died after trying to catch a ball thrown to him from an outfielder
The latest economic data showed marked improvement over the course of one month, as applications for unemployment benefits fell and private sector employment increased.
U.S. private employers stepped up hiring in June and the number of Americans filing for jobless benefits fell last week, strengthening views the economy is positioned for a pick-up in the second half.
New U.S. claims for unemployment benefits fell more than expected last week, government data showed on Thursday, but distortions associated with the holiday weekend and a government shutdown in one state made it difficult to get a clear view of the labor market.
The fashion industry's most famous celebrities, including Karl Lagerfeld and Giorgio Armani, showcased their talent at the ongoing during Haute Couture Fall-Winter 2011/2012 fashion show in Paris this week.
Chinese banking shares fell for a second day on Wednesday, while the euro clawed back losses but was still seen at risk after Moody's slashed Portugal's credit rating to junk status, reigniting fears that it may need a second rescue package.
There are conflicting reports about iPhone 5’s release date. However, a whole lot of possible iPhone 5 features have been revealed through several sources, image leaks and estimates by analysts and industry experts. Following is detailed look at what your spanking new iPhone 5 will look and feel like when it hits shelves in September, as some experts say, or sometime in 2012: