Japan Posts Record Trade Deficit In September
October 20 2013 9:22 PM EDT
Reviving Japan's battered exports has been a main objective of the country's prime minister.
LAPD Officers Accused Of Leaking Rihanna Photo Will Not Face Charges
June 29 2012 11:54 AM EDT
Two Los Angeles police officers accused of leaking a photo of pop star Rihanna's bruised face after a fight with her ex-boyfriend Chris Brown won't face charges, although they still may be fired, news reports said.
China's Space Race: 3 Astronauts, Including First Woman, Return To Earth After Shenzhou 9 Manned Historic Dockings
June 29 2012 8:12 AM EDT
Three Chinese astronauts, including the first woman, returned to Earth after their manned spaceship successfully docked to another craft in orbit. The Shenzhou 9 space capsule safely parachute landed about 10 a.m. Beijing time Friday in Inner Mongolia, an autonomous region of the People's Republic of China, following a 13-day mission that marked a major stride in China's ambitious space program.
ECB Holds Rates As Price Pressures Prevent Cut
May 03 2012 7:59 AM EDT
The European Central Bank held its main interest rate at 1.0 percent on Thursday as stubborn inflation offset pressure to loosen borrowing costs further to support the weak eurozone economy.
Strong Earnings Lift Wall Street But GDP Weighs
April 27 2012 12:10 PM EDT
Stocks edged higher on Friday, again driven by strong corporate earnings that partially offset a weaker-than-expected reading on economic growth, extending three days of gains.
Facebook To Pay Banks 1.1% Fee For Managing IPO
March 20 2012 8:11 AM EDT
Senior Facebook executives met Monday with analysts and bankers, but CEO Mark Zuckerberg didn't attend. The company's chief financial officer told attendees that Zuckerberg prefers to focus on developing Facebook's social-networking service.
Dozens, Including Children, Killed in Syria Violence
March 12 2012 8:30 AM EDT
Bodies in Homs were discovered hours after Kofi Annan, special envoy to Syria and former U.N. secretary general, left the country Sunday without a deal to end the bloody year-old conflict.
Gold Recovers as Dollar Retreats, Buyers Step In
March 07 2012 7:30 AM EST
Gold is down more than 6 percent since late February, having dropped sharply from the year's highs after U.S. Federal Reserve chairman Ben Bernanke held off signaling a further round of U.S. monetary easing in a key speech.
Iran Will Dominate Obama-Netanyahu Talks
March 02 2012 8:08 AM EST
The U.S. and Israeli leaders will try to sort out their differences over what Washington fears could be an Israeli attack on Iran's nuclear sites. With the U.S. presidential election just eight months away, Obama's Republican foes have been quick to paint him as tough on Israel and soft on Iran.
Tornadoes Kill 12 in Midwest
March 01 2012 10:28 AM EST
The storms raised fears that 2012 will be another bad year for tornadoes after 550 people died in the United States from them last year, the deadliest year in nearly a century, according to the Weather Service.
New York Times Reporter Anthony Shadid Dies in Syria
February 17 2012 9:26 AM EST
Shadid, 43, was on a reporting assignment in eastern Syria when he died, according to an obituary posted on the Times web site. It said Shadid was carried across the border into Turkey by Times photographer Tyler Hicks.
UN General Assembly to Vote on Syria Resolution
February 15 2012 1:34 PM EST
Syrian President Bashar Assad ordered a referendum for later this month on a new constitution that would allow political parties other than his ruling Baath Party as part of promised reforms, The Associated Press said.
U.S. Industrial Output Flat on Utilities, Mining
February 15 2012 10:01 AM EST
The Fed revised December's industrial output to show a solid 1.0 percent increase instead of the previously reported 0.4 percent gain, pointing to underlying strength in the economy. Economists polled by Reuters had expected industrial production to increase 0.7 percent last month .
Two Top Ford Executives Set to Retire
February 09 2012 10:00 AM EST
The moves puts the focus on Mark Fields, 50, who runs Ford's operations in North and South America, and Joe Hinrichs, 45, who runs the automaker's operations in Asia, as the leading internal candidates to succeed Mulally.
U.S. Reaches Mortgage Deal with Top Banks
February 09 2012 9:34 AM EST
The announcement caps more than a year of chaotic negotiations among state and federal officials, and the banks, who have been accused of using robosigners and unlawful documentation to deal with a flood of foreclosures.
Ex UBS Trader Adoboli Denies Fraud, Faces Trial
January 30 2012 2:55 PM EST
The trial, which is likely to shine a searching light on the adequacy of the bank's management and risk controls, could land Adoboli with a maximum 10-year jail sentence if convicted of the two counts of fraud and two of false accounting.
Bank of America Posts Profit, Reversing Year-ago Loss
January 19 2012 7:23 AM EST
Bank of America reported a quarterly profit of $1.58 billion, or 15 cents per share.
Obama to Seek Powers to Merge U.S. Trade Agencies
January 13 2012 9:05 AM EST
Obama was set to announce the request, which could open the door to further consolidation in Washington, in a late morning address at the White House.
U.S. Regulators Sue Former Top Execs at Fannie, Freddie
December 16 2011 10:53 AM EST
Securities regulators sued former top executives at Fannie Mae and Freddie Mac on Friday, saying they misled investors over exposure to risky mortgages.
White House Rejects Republican Payroll Tax Proposal
December 09 2011 2:39 PM EST
The White House rejected on Friday the latest proposal from Republicans in Congress on a payroll tax cut, saying its costs needed to be offset in a balanced away and not with budget cuts exempting the rich.