European shares were poised to register their biggest annual drop since 2008 on Friday after a year marred by the Eurozone debt crisis that has threatened to drag down the global economy.
Basketball legend Michael Jordan is taking a chance on marriage again and has proposed to girlfriend of three years, Yvette Prieto. His publicist Estee Portnoy confirmed the news.
Celestica Inc was ordered by a U.S. appeals court to face a shareholder lawsuit accusing the Canadian electronics company of securities fraud for misleading investors about its financial health and restructuring costs.
New claims for jobless benefits rose last week but the underlying trend pointed to an improving labor market, while regional factory data showed the economy gaining momentum as the year ended.
Greece could soon reach a deal with banks and private creditors on a bond swap to reduce its mountain of debt, the government spokesman said on Thursday, as it tries to resolve differences with its creditors and avoid default.
The untethered jailbreak for the Apple devices powered by A4 processor is finally out, but the users of A5 devices like iPad 2 and iPhone 4S are still hopeful of getting a jailbreak in the current year only.
Three zinc miners who were trapped by smoke after a rig fire broke out 800 feet underground at the Young Mine in New Market, Tenn., on Wednesday were rescued the same day.
China this week reached a milestone in its drive to master the military use of space with the launch of trials for its Beidou satellite global positioning network, a move that will bring it one step closer to matching U.S. space capabilities.
Investors didn’t get rich owning generalized technology stocks but they fared well with some of the traditional winners with good management and proven technology.
Nearly 100,000 people have fled their homes in one northern Nigerian state, while violence between Muslims and Christians and the government continues.
Huawei Technologies Co Ltd, a $30 billion Chinese telecoms gear maker, has initiated a system this year to allow top executives to take turns acting as chief executive, its founder and CEO Ren Zhengfei said in a year-end message
Workers at an LG Display factory in eastern China have gone on strike, halting some production, the company said on Wednesday, in the latest action by China's increasingly assertive workforce.
Persian Gulf oil producing nations are prepared to compensate for any loss of oil in the world market, a senior Saudi official said after Iran amped-up its rhetoric Tuesday about blocking the Strait of Hormuz, a key supply route for the world’s oil.
Japan's Nikkei average dropped below a key support level in holiday-thinned trade on Tuesday, on track for a flat performance in December and double-digit losses for the year.
Talk of closing the Strait of Hormuz is generally seen as an empty threat from Iran. The U.S. State Department said it saw an element of bluster in the threat. Yet it has been made before and since nearly one-third of all tanker traffic passes through the Strait of Hormuz the concern lingers. Most, however, don't seem to think Iran could or would pull it off, for long anyway.
Argentine President Cristina Fernandez has thyroid cancer and will undergo surgery next month, her government said Tuesday, adding that the cancerous cells had not spread.
President Barack Obama will nominate Harvard economist Jeremy Stein and Jerome Powell, an investment banker and former Treasury official, to the two empty seats on the Federal Reserve's policy-setting board of governors.
The Carlyle Group has started fundraising for a new global financial services buyout fund that is seeking to top its previous $1.1 billion fund, which is now almost fully invested, a person familiar with the matter said on Tuesday.
The SEC is employing a host of new techniques in order to catch Wall Street crooks.
President Barack Obama will nominate Harvard economist Jeremy Stein and Jerome Powell, an investment banker and former Treasury official, to the two empty seats on the Federal Reserve's policy-setting board of governors.
Oppenheimer has upgraded shares of VMware, Inc. (NYSE:VMW) to “outperform” from “perform” on valuation.
Gold exchanges in China outside of two in Shanghai are to be banned, authorities said in a statement released on Tuesday.
