Solyndra, a solar panel company that was one of the most well-funded start-ups on record, announced it will file for Chapter 11 bankruptcy next week.
The value of palladium, the least known of the world's four major precious metals, is set to rise this year, perhaps more sharply than its more popular cousins.
It's the automotive world’s version of the popular Tall, Grande and Venti sizes of coffee cups at Starbucks.
Kenya's interbank lending rate tumbled to 19.2515 percent on Tuesday from 27.7299 percent the previous day, central bank data showed on Thursday, as the bank's action last week to bring down interbank rates filters through the market.
North Korea launched a controversial new cruise ship from the northeastern city of Rason to the resort town of Mount Kumgang.
Wednesday, a solar cell manufacturing company Solyndra announced it would seek Chapter 11 bankruptcy protection. The Fremont, California-based solar company will lay off all of its 1,100 workers and close down the factory which was built through the fed's loan guarantee.
He may have been absent, but Roman Polanski made his presence felt at the Venice film festival on Thursday with his comedy Carnage, in which Oscar-winner Kate Winslet's projectile vomit prompted the biggest laugh.
The SEC is accusing a former venture capital pro of breaching his fiduciary duty and usurping his ex-employer’s funds to launch a separate investment vehicle.
Australia's dominant phone company, Telstra Corp, will be $5 billion better off working with the government's new high-speed broadband network than competing against it, an independent expert said, paving the way for shareholder approval.
Trust Company of the West rested its court case against its former chief investment officer, star bond fund manager Jeffrey Gundlach, in the high-stakes trial that has drawn the attention of the financial services industry.
Australia's dominant phone company, Telstra Corp, will be $5 billion better off working with the government's new high-speed broadband network than competing against it, an independent expert said, paving the way for shareholder approval.
A general counsel at AT&T said the company will fight an antitrust lawsuit suit the Department of Justice filed on Wednesday. Wayne Watts, who serves as both senior executive vice president and general counsel for AT&T, said the lawsuit from the Justice Department has surprised and disappointed him, especially in light of the fact that the government agency gave no indication that it was planning to take such actions.
A failed listing attempt by the operator of an ancient Chinese water town has reignited a kind of Buddhist versus capitalist debate over the merits of marrying cherished cultural and natural heritage icons with profit-minded capital markets.
The asset management arm of Edmond De Rothschild Group, owned by the Rothschild Family, said it had bought more than 5 percent of China CYTS Tours Holdings Co Ltd , worth $54 million at current value, and plans to increase its stake over the next 12 months.
Destitute North Korea's push to breathe new life into economic relationships with its neighbors China and Russia appears to be bearing fruit in its far north of the country where foreigners are busy helping rebuild a crumbling infrastructure.
The Canadian economy shrank in the second quarter, its first quarterly fall since the 2008-09 recession, with temporary factors such as Japan's earthquake and tsunami playing a big role, Statistics Canada said on Wednesday.
The hedge fund's chief economist will speak at FINforums Conference on three game-changing events that could unwind the European economy.
Legendary corporate raider Carl Icahn has refused to give up on his pursuit of Clorox, despite the company swiftly rejecting every bid he's made.
Starting September 1, First Class passengers on select American Airlines flights will be offered the new “turndown service” that includes slippers, pajamas and high-end toiletries.
AT&T has apparently figured out the key to lawmaker hearts: U.S. jobs. The telecommunications company has committed to bringing 5,000 jobs back to the United States once its proposed merger with T-Mobile USA is approved and finalized. AT&T says the jobs will be in wireless call centers, and will bring back positions that were previously outsourced abroad.
SEI Investments published a report saying fund managers and investors are relieved to see unmistakable signs of a recovery.
Creating a simulation, which approximates the formation of the Milky Way using a powerful supercomputer, was no cakewalk for the researchers at the University of California, Santa Cruz and the Institute for Theoretical Physics in Zurich. After nine months of effort, at the Swiss National Supercomputing Centre in Manno, Switzerland, the first simulation of the formation of the spiral galaxy Milky Way was created by the researchers, who claim it would have taken 570 years to build the simulation o...
