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African governments -- and international animal-rights organizations -- contend the Chinese luxury consumer's appetite for ivory is driving a new wave of illegal killing of one of their continent's most iconic animals.

As a weakening economic recovery and cheap gas lead Americans to curtail international vacations, domestic tourism is poised for a solid summer.

The world's economies have fallen to their weakest level since the recession officially ended in 2009. German and U.S. bonds actually charge buyers interest rather than pay buyers interest. The euro zone's survival appears at genuine risk and China's red-hot economy, the second-biggest in the world, is not so red hot any more.

The 2010 Gulf Coast oil spill may prove to be a jobs booster for the region, if money paid in damages is spent to restore the Gulf's coast.

Little by little, we've been piecing together the puzzle known as the iPhone 5. We already have a pretty good idea of what the iPhone 5 will look like, but we are still largely uncertain what will be inside the phone. According to a research note, Apple will make significant improvements to the entire camera infrastructure in the iPhone 5, all while decreasing the overall thickness of the phone.

Richard Schulze, the founder and largest shareholder of Best Buy Co. (NYSE: BBY), the biggest U.S. electronics chain store, told the company's board Thursday he is resigning, effectively immediately. A reason for the abrupt departure was not publicly disclosed.

Mexican guest workers filed Wednesday a U.S. Department of Labor complaint against CJ's Seafood, a Wal-Mart Stores supplier, alleging the company didn't pay overtime for long shifts, locked them in and made physical threats for not working fast enough.

Nasdaq has reached out to at least one brokerage that lost money due to Facebook's botched IPO, saying it will make an announcement Wednesday.

There has been a lot of talk lately regarding the timeframe for the release of the next generation iPhone, presumably called the iPhone 5, irrespective of what Apple finally decides to name it.

Could Apple (Nasdaq: AAPL), the world's most valuable technology company, be getting a new jolt from the burgeoning China market, its second largest?

Samsung announced Monday that it would launch Galaxy S3 with AT&T, Sprint, T-Mobile, Verizon Wireless and US Cellular starting in June.

Mexico's Ministry of Health has issued a warning on Reumofan Plus -- marketed as a so-called natural dietary supplement for pain relief and other serious conditions -- and ordered manufacturer Riger Naturals to recall it.

Warburg Pincus LLC, a private equity firm based in US, is looking for a $100-$125 million stake in finance firm Future Capital Holdings, sources said to Reuters.

Shares of Facebook (Nasdaq: FB), the No. 1 social network, jumped 5 percent in late Thursday trading after they set a new low of $26.83.

A trade credit crunch, driven by trading partners' fears that Greek businesses will soon be refusing to honor their debts in euro, is making it difficult for Greeks to keep their economy running.

Several top retailers reported stronger-than-expected sales in May Thursday, Reuters is reporting, providing a moderate surprise to Wall Street retail analysts, who had warned May might prove a disappointing month in terms of revenue for many stores.

India's economic growth slumped to its lowest level in nine years in the first three months of 2012, marking a dramatic slide in the fortunes of a country whose economy was boasting nearly double-digit growth before the global recession.

Futures on major U.S. indices point to a higher opening Thursday, ahead of the ADP National Employment Report and the Bureau of Labor Statistics' (BLS) report on Initial Jobless Claims.

As Apple prepares for WWDC in San Francisco, new parts and components for a sixth-generation iPhone have surfaced on the Internet, via Apple website 9 to 5 Mac. The images, which show the faceplates and backplates for a new black and white iPhone, appear to be legitimate. This could be the iPhone 5 we've all been waiting for.

Facing what seem to be minute-by-minute rejections of various bailout scenarios, Spanish bank Bankia S.A. -- the country's fourth-largest financial institution, which is currently embroiled in a crisis of insolvency -- is putting its faith in the web-shooting hands of a Marvel Comics superhero, Spider-Man.

Industrial commodities and global stocks fell sharply Wednesday as evidence mounted that the global economy's highfliers are dangerously close to stall speed. Yields on 10-year Treasuries tumbled to a record low 1.64 percent.