Tuesday's long-awaited second rescue package for Greece steadied the euro and removed the immediate threat of a disorderly bond default, but markets remained cautious in early morning trading, fearful of what lies ahead for the stricken country.
Dow Chemical Co hoped an Olympic sponsorship would boost its global cache, but the company's link to a Bhopal gas leak tragedy 28 years ago threatens to curb some of the benefits from the $100 million advertising deal.
Western investors in Japan's disgraced Olympus have accused its banks of trying to take control of the boardroom by stealth, amid media reports that the firm's major creditors are set to install their own appointees in the top jobs.
On Rihanna's 24th birthday, rumors continue to swirl about the couple's reunion.
The Darlings tells a fictional tale about the downfall of a hedge fund and the wealthy family that owns it during Wall Street's 2008 meltdown, but many aspects of the novel are drawn straight from author Cristina Alger's reality.
The Frankfurt Airport strike will continue through Wednesday as the GdF union and airport operator Fraport AG struggle to reach an agreement.
On Saturday night, concerned family members called the Columbia, S.C., police department to report that Tom Sponseller, President of the South Carolina Hospitality Association, was missing.
If upcoming earnings from U.S. retailers are as unimpressive as the rest of the profit season has been, Wall Street could face a tough time justifying a stock market at nine-month highs.
Japanese prosecutors are considering indicting the Olympus Corp. as a company for falsifying its financial reports to conceal huge investment losses in a $1.7 billion scandal, the Kyodo news agency reported on Sunday, quoting investigative sources.
Stephen Schwarzman, the boss of Blackstone, the world's biggest private-equity firm, made his fortune by buying, restructuring and selling companies -- delivering outsized returns for investors. These days, he is getting huge rewards for being the largest shareholder in what is more like an asset manager on steroids.
Struggling to retain his status as the Republican favorite for the White House, Mitt Romney attempted on Saturday to return to his glory days as CEO of the 2002 Salt Lake City Olympic organizing committee -- and the crowds at two tribute ceremonies in Salt Lake showed their appreciation.
BP PLC idled production at its Cherry Point refinery in Washington state on Saturday, a day after a large fire broke out near the core crude oil unit of the third-largest plant on the West Coast. The idling of the plant near Ferndale, Wash., could drive fuel prices higher next week.
Google Inc chairman Eric Schmidt could sell as many as 2.4 million shares of the company's class A common stock as part of a predetermined stock trading plan.
Almost as shocking as India's high prevalence of child malnutrition is the country's failure to reduce it, despite the economy tripling between 1990 and 2005. It is in fact a national shame.
If the coming earnings from U.S. retailers are as unimpressive as the rest of the profit season has been, Wall Street could face a tough time justifying a stock market at nine-month highs. All things considered, strategists believe the market could face resistance in a push higher.
Apple Inc did not infringe patented technology owned by Android phonemaker HTC Corp, the U.S. International Trade Commission said on Friday, the latest ruling in the wide-ranging smartphone patent wars.
The major U.S. indices floated close to yearly highs Friday, but extremely low volumes of trading, divergences in the behavior of important sub-indices and various other technical indicators suggested U.S. equities might be in for a price-slashing correction soon.
United Parcel Service Inc. is in talks with TNT Express after its Dutch rival rejected a 4.9 billion-euro ($6.45 billion) cash bid, the companies said on Friday.
Dutch delivery firm TNT Express said on Friday its board of directors has rejected an unsolicited takeover offer from U.S-based peer UPS worth an estimated 4.9 billion euros, but it said discussions are continuing.
Like other entertainment sectors, video games rely more and more on digital revenue as retail sales continue to decline, but publishers face plenty of fresh challenges in the rapidly changing industry.
John Kobylt and Ken Chiampou, KFI-AM radio's popular afternoon talk show hosts better known as John and Ken, were suspended effective immediately on Thursday, for reportedly calling Whitney Houston a crack ho, according to reports.
Generation Investment Management, the investment firm run by Al Gore and David Blood, released a white paper encouraging financial companies to adopt sustainable capitalism guidelines.
