India and Pakistan said on Thursday they would resume formal peace talks but issues such as militancy and the disputed Kashmir region are likely to slow any progress towards defusing tensions.
The owners of the New York Mets were accused of reaping $300 million of fictitious profits from Bernard Madoff's record Ponzi scheme, a lawsuit by the trustee seeking money for Madoff's victims said.
An African Union panel charged with finding a solution to Ivory Coast's leadership crisis should make clear to Laurent Gbagbo that he must step down, the United States said on Thursday.
Workers union sues Bank of America and its Countrywide unit for not disclosing mortgage crisis sooner
According to a report in the New York Times, Mets ownership family the Wilpons' involvement with Bernie Madoff's billion-dollar Ponzi Scheme was closer than previously thought.
The Electric Reliability Council of Texas (ERCOT) has ordered utilities to rotate outages across the state. The underlying cause is a shortage of electricity as many utility plants tripped (shut off power) due to extreme weather.
The top pre-market NASDAQ stock market gainers are: EDAP TMS, iGo, Electronic Arts, Matrixx Initiatives, and Acme Packet. The top pre-market NASDAQ stock market losers are: Key Tronic, Axcelis Technologies, Intevac, Alvarion, Nuance Communications, and Broadcom.
The top after-market NASDAQ stock market gainers are: Electronic Arts, Acme Packet, Verigy, Independent Bank, and Concurrent Computer. The top after-market NASDAQ stock market losers are: Key Tronic, Intevac, Axcelis Technologies, Broadcom, and Quality Distribution.
A group of lenders has withdrawn its plan for reorganizing newspaper owner Tribune Co, leaving two proposals for ending the company's two-year stay in bankruptcy, according to court documents.
Company announces a quarterly cash dividend increase while saying its revenue will sink in the first quarter of 2011.
The African Union said on Friday it would form a panel of heads of state to solve the leadership crisis in Ivory Coast which would come up with a legally binding settlement within one month.
The U.S. Justice Department's review of Google Inc's planned acquisition of airline ticketing software company ITA Software is focusing on making sure ITA's products remain available, even to Google's rivals, according to a source close to the deal.
Defense contractor Lockheed Martin has agreed to pay the U.S. government $2 million to settle charges that it acted with others in knowingly violating the False Claims Act by rigging a contract at Stennis Space Center in Mississippi.
A federal judge in California has allowed a committee of Hewlett-Packard's directors to begin a probe into the circumstances culminating in Mark Hurd's departure from the company.
Bank of America Corp's Merrill Lynch unit has agreed to pay $10 million as part of a settlement with the U.S. Securities and Exchange Commission (SEC) that has accused it of fraudulently misusing customer orders so it could trade for its own benefit.
U.S. generic drug maker Mylan Inc has settled two U.S. patent disputes with global pharma giant Pfizer Inc, which will enable the former to sell the generic versions of cholesterol drug Lipitor and combination blood pressure and cholesterol treatment Caduet.
China will carefully open up its yuan to more trading based on market needs and plans to double its level of imports in five years, its commerce minister said on Thursday, as the country liberalizes its economy, now the world's second largest.
In a scenario that is likely to be repeated all across Great Britain, the Liverpool City Council reported that it will eliminate 1,500 jobs over the next two years due to the government’s spending cuts.
World's No.1 automaker Toyota Motor Corp. has agreed to pay $10 million to a family of four people who were killed in a runaway Lexus crash near San Diego last year that prompted a string of recalls of millions of Toyota vehicles.
2011 will mark 40 years since the United States' government finally stopped redeeming its dollars for gold. That ended over 250 years of formal gold backing for the West's dominant currencies. It also took the entire world off precious-metal money for the first time in 5,000 years of civilization.
A Palestinian gunman opened fire at Israeli soldiers, who shot back and killed him, near a Jewish settlement in the West Bank on Thursday, the military said.
A committee of Hewlett Packard directors will investigate former CEO Mark Hurd's departure from the company amid sexual harassment allegations last year, according to a recent court filing.