New York City Mayor Michael Bloomberg held a news conference Friday following a deadly shooting at the Empire State Building that left several people dead, including the gunman. The shooter, who had lost his job, returned to his former employer and shot a manager at close range.
A Congressional Budget Office analysis released Wednesday warns the U.S. could be heading for a recession in 2013 if Congress enacts scheduled spending cuts and tax increases.
Four months after Sony unveiled its "One Sony" concept to recapture its leading role, Sony has finally offered a glimpse into its practical strategies to streamline integration between different hardware products and media platforms.
According to CNN Money, Best Buy has been having difficulty with founder Richard Schulze regarding his attempts at buying out the company’s remaining shares.
Gaetano Marino, 48, was executed outside a beach club, still wearing his swimsuit.
A 70-year-old security worker for the exchange was hit by a truck while eating Chinese food outside and died on the sidewalk Thursday.
Two people, including the gunman, were killed, and as many as eight others were wounded in a shooting outside the Empire State Building, at 34th Street and Fifth Avenue, on Friday morning, according to the New York Times.
Bankrupt photography giant Eastman Kodak Co. (Pink: EKDKQ) announced it plans to sell its legacy businesses in cameras, film and photos to become a company that specialized in printers.
Orders for long-lasting goods surged in July on strong demand for civilian aircraft, the government said Friday, but bookings weakened in many other sectors.
Finnish mobile handset manufacturer Nokia finally seems to have made some headway with long-term partner Microsoft. Nokia is planning to introduce two new Windows Phone 8 devices in association with Microsoft Sept. 5.
Burger King Worldwide, Best Buy, Logitech International, Silver Standard Resources, Hewlett-Packard, Salesforce.com, Nokia Corp and Barclays Plc. are among the companies whose shares are moving in pre-market trading Friday.
Research groups say Israel may only suffer a 5 percent blow to GDP, but estimating the full cost of a war is a notoriously inaccurate undertaking.
In spite of a cheery assessment recently from the country's central bankers that led projections of 2012 GDP to be raised -- to 3.5 percent -- while views on inflation were lowered, recent days have seen growing signs of economic distress emanating from Australia.
The faithful within both the Republican and Democratic folds claim their chosen party leaders are champions of the American middle class. But the independents who form the largest slice of that vast demographic overwhelmingly aren't buying it.
Anders Behring Breivik, the right-wing extremist who killed 77 people in Norway on July 22, 2011, was declared sane and sentenced to 21 years in prison by a Norwegian district court on Friday.
The U.S. stock index futures point to a flat open Friday ahead of the Census Bureau's durable goods orders data.
As technology industry eagerly waits to hear the verdict of U.S. Federal District Court in Apple (AAPL), Samsung (005930) patent tussle a South Korean Court ruled Friday that both the firms were guilty of patent infringement and banned sales of Apple and Samsung smartphones and tablets.
Most of the European markets fell Friday as investors were worried that the economic condition of the euro zone continued to weaken.
The top after-market NYSE gainers Thursday were SuperValu Inc, Tahoe Resources, Black Hills Corp, Yingli Green Energy Holding and McEwen Mining Inc. The top after-market NYSE losers were Salesforce.com, Solera Holdings, Hormel Foods, General Growth Properties and Sprint Nextel Corp.
India approved a $180 million foreign direct investment plan by U.S. media group Walt Disney, part of a new push to clear a backlog of investment proposals as the finance ministry seeks to inject new life into the slowing economy.
Most of the Asian markets fell Friday as investors' concerns about the faltering global economy were revived since the Markit Flash Eurozone PMI Composite Output Index, released Thursday, indicated that the economic outlook was worsening.
Everyone knows that black licorice tastes pretty bad, but if you notice that your pack of Red Vines Black Licorice Twists are especially terrible, there's a reason: they're full of lead.
The alleged shooter who left 12 people dead and 58 injured in a movie theater in Aurora, Colo., James Holmes, withdrew from a doctoral program just over a month before his supposed rampage. Holmes dropped out of a neuroscience program after he failed an oral exam and made unspecified threats.
Asian shares retreated from a two-week high Friday on scaled back expectations of more stimulus from the U.S. Federal Reserve and growth concerns after manufacturing surveys from the euro zone and China depicted a bleak outlook.
Plaintiffs for the class-action lawsuit filed against Rex Venture Group, ZeekRewards, and the company's found and CEO Paul Burks are being represented by James "Cal" Cunningham, a local politician and former member of the North Carolina Senate.
Newly-released documents confirm criticisms of Republican presidential candidate Mitt Romney’s road to enduring riches. What emerges is a system that exploits several weaknesses in tax laws regarding overseas investments, as well as backdoor methods of swapping assets behind the government’s back. How politically damning any of this may be remains to be seen. But in the case of the Bain files, we know being “Romney Rich” isn’t simple. But it’s a lot more profitable than working a 9-to-5 with a...
The government's role in the housing market does not generally inspire the same impassioned responses as abortion or health care, but the future of one mortgage tax policy could affect the fate of around $85 billion in taxpayer benefits.
Nguyen Duc Kien, one of the richest tycoons in Vietnam's banking industry, has been arrested for conducting "illegal business," prompting fears among customers who have withdrawn hundreds of millions of dollars since the news broke out on Monday.
Salesforce.com's (NYSE: CRM) second-quarter results proved its strategy of adapting its software-as-a-service model to the increased use of the cloud by enterprises can pay off handsomely for investors.
UK retail giants like Sainsbury and Tesco prefer to buy and move wine in bulk because they can transport higher volumes of the product at a cheaper cost.
