Joseph Orovic

The U.S.'s No. 4 cell phone service T-Mobile USA, Inc. said Thursday it plans to cut about 1,900 jobs and close seven customer service call centers as it undergoes restructuring after a proposed purchase by AT&T was nixed by regulators.

Britain's largest drugmaker GlaxoSmithKline announced on Thursday plans to invest £500 million ($792 million) in local manufacturing operations, opening a facility in Scotland that is expected to create 1,000 jobs over the coming years.

China, Japan and South Korea have reached a trilateral investment agreement, bringing to fruition over a decade of efforts to bridge Asia's three leading economic powers while putting plans of a free-trade zone within reach.

U.S. trade officials imposed surprisingly low tariffs on Chinese solar panels Tuesday, choosing to tread lightly and avoiding an all-out trade war when addressing local solar companies' complaints of unfair trade practices.

The world's largest television and online retailer QVC Inc. is starting a joint venture with China's national radio broadcaster to enter the world's most populous growing consumer and media market.

Discount shoe retailer DSW Inc. (NYSE: DSW) posted a higher than expected quarterly profit, fueled by cost-conscious shoppers looking for discounts, the Columbus, Ohio-based retailer reported Tuesday.

Online retail giant Amazon.com Inc. (NASDAQ: AMZN) announced on Monday it plans to buy robotics company Kiva Systems Inc. for $775 million as part of ongoing expansion efforts.

India will call upon local airlines to boycott the European Union's carbon-offsetting tax, as an ongoing row over a recently-instated tax on flights in and out of Europe has sparked discontent from several nations and heightend fears of a trade war.

Square-shaped burger paddies have surpassed charbroiled slabs of meat, as Wendys' Co. (NASDAQ: WEN) leapfrogged Burger King Holdings Inc. (NYSE: BKC) to become the second-largest U.S. hamburger chain, according to Technomic Inc.'s Top 500 Chain Restaurant Report.

Construction output in Europe fell in January, marking two months of declines fueled by Spain and Italy's troubled economies, the European Union's statistics office reported Monday.

UC Rusal, the world's largest aluminum producer, posted a substantial loss in annual profits after the value of its stake in Norilsk Nickel, a major producer of nickel and palladium, was diminished by a share buyback, the company reported on Monday.

Pity Activision Blizzard Inc. (NASDAQ: ATVI) at your own peril. The world's fastest growing video game maker suffers from the sort of unenviable problems most companies pray for. Its 37 percent growth rate over the last three years, with 2011 revenue topping $4.8 billion, earned it No. 185 on IBT 1000, a proprietary list created by the International Business Times of the top 1,000 fastest growing companies in the world.

China suspended approval for the purchase of 10 Airbus (EAD) jets, in a continued showdown over European Union emissions charges.

The pace of manufacturing growth in the Philadelphia region slowed in March but remained positive, as new orders dipped substantially, according to a Philadelphia Fed survey released Thursday.

Manufacturing in the New York region increased in March at its fastest pace since June 2010, a New York Fed survey revealed Thursday, but a mixed bag of indicators in the survey showcased the still-tepid state of U.S. factory activity.

Finally, a mall the founder of the Mormon faith, Joseph Smith, could warm up to ... though it may not be the best shopping spot for your run-of-the-mill teenager.

Farmers and investors are booking profits from a worldwide rally in food grains, but agricultural veterans see potential setbacks.

Spain announced it will adhere to budget cuts demanded by the European Union, ending the first tussle over new, stricter budgetary rules within the trading bloc.

Italy fell into recession in 2011, according to data released Monday, as its debt crisis and austerity measures combined to slow growth for two consecutive quarters

The fiscal downturn has hit Wall Street executives where it hurts most --their wallets -- and locales dependent upon their income rank as collateral damage.

Freddie Mac requested $146 million from the U.S. Treasury to meet interest payment obligations on bailout funds, despite swinging to a profit, the troubled mortgage buyer reported Friday.

The world's largest cruise line operator Carnival Corp. (NYSE: CCL) swung to a loss, as rising fuel costs and one-time write downs offset an increase in revenue, while the Costa Concordia tragedy had little effect on the bottom line.

Smith and Wesson (NASDAQ: SWHC) reported on Thursday a 23.8 percent increase in revenue for its fiscal 2012 third quarter, shotting past analysts' expectations as increased sales coupled with lowered expenses swung the company to a profit.

Iconic guitar maker Fender Musical Instruments Corp. filed on Thursday to raise up to $200 million through an initial public offering, using a substantial chunk of the proceeds to pay off debt.

Germany's industrial output rose 1.6 percent in January, according to data released by the nation's Economy Ministry Thursday, beating expectations through a jump in construction and manufacturing output and raising hopes Europe's largest economy will bypass a recession.

Forbes Magazine released its list of the world's billionaires on Wednesday, a collection of 1,153 families and individuals, rife with familiar names like Bill Gates, Warren Buffet and Carlos Slim Helu, who topped the list with a net worth of $69 billion.

Raytheon announced on Wednesday a $137.7 million contract with the U.S. Army to provide engineering work for the Patriot Air and Missile Defense Syste

HSBC announced on Wednesday an agreement to sell its insurance businesses in emerging markets for $914 million in cash, in a continuing effort to offload non-banking assets.

Precious metals and the broader market plunged on Tuesday, with gold diving to its lowest point in six weeks, driven down by concerns about the global economy.