As Brazil prepares to host two of the world's largest public spectacles, the Olympics and the World Cup, thousands of people living in poor urban areas are facing forced evictions or have already been displaced by development projects.
Amid constant political caterwauling about the demise of American manufacturing, Japanese automakers like Toyota Motor Corporation (NYSE: TM), Honda Motor Co. (NYSE: HMC) and Nissan Motor Co. (Tokyo: 7201) are gradually bringing manufacturing jobs to North America by building new factories and adding extra shifts to meet resurgent demand in the U.S. automotive market.
At a time when big banks are constantly raising fees or imposing new ones to help them recover lost revenue from new regulations, not-for-profit credit unions are booming.
Shares of Apple (Nasdaq: AAPL), the world's most valuable technology company, have recovered lost ground and are trading not much below their record high of $644 set on April 10. Despite a setback when third-quarter earnings fell shy of estimates last month, they could set another record again this week.
India's wholesale price index (WPI) declined to 6.87 percent in July, contrary to analysts' expectations, triggering hopes for further rate cuts by the Reserve Bank of India.
Saudi Arabia's purported women-only cities though appear as a welcome move to boost employment among fairer sex, actually spark off an intense debate on disparity and segregation.
U.S. stock index futures point to a higher open Tuesday amid hopes that central banks around the world will announce stimulus measures to boost the economy and regain the growth momentum.
Most of the European markets rose Tuesday as investors were hopeful that the ECB will soon announce stimulus measures as the GDP data from Germany and France indicate that the euro zone economy continues to falter.
As India gets ready to celebrate its 66th Independence Day August 15, it appears to be no time to rejoice with its economy faltering as a result of the global economic slowdown and weak governance.
The top after-market Nasdaq gainers Monday were Array BioPharma Inc, Momenta Pharmaceuticals Inc, Aixtron SE, HMS Holdings Corp and Monster Beverage Corporation. The top after-market Nasdaq losers were Envivio, Groupon Inc, Coinstar Inc, Myrexis Inc and Boingo Wireless.
Inflation probably crept up in July as poor monsoon rains drove food prices higher, a Reuters polls showed on Wednesday, giving the RBI less room to cut interest rates to revive a flagging economy.
The Pirate Bay could be facing harsh regulations from advertisers after its arch-enemies, the Motion Picture Association of America and the Recording Industry Association of America, submitted suggestions for new online piracy policies to Victoria Espinel, intellectual property enforcement coordinator.
Asian shares steadied Tuesday with investors staying sidelined ahead of more figures from Europe and the United States later in the day, after recent data showed the euro zone's debt woes were eroding business activity globally.
Archstone, the largest private U.S. residential landlord, will benefit from a strong urban portfolio and experienced management team as it prepares to go public for the second time, said analysts.
The studio is reportedly citing declines in the home entertainment industry as its reason for shuttering six-year-old label Warner Premiere.
A turf war between two rival mining unions in South Africa resulted in the deaths of nine people on Monday, including two policemen.
On Monday, a spokesperson for the struggling cable network quickly downplayed a New York Post story that claimed it was developing reality-TV shows as part of a massive programming overhaul.
Helen Gurley Brown, the legendary editor of Cosmopolitan magazine who helped usher in the sexual revolution, died on Monday at the age of 90.
Two officers shot during an incident on Fidelity Street in College Station have died.
We're about a month away from the alleged date when Apple Inc. (Nasdaq: AAPL) is expected to debut the iPhone 5, and fans are very excited to see what Apple's design wizards have come up with for this year's model. On Monday, French site NowhereElse posted pictures from Chinese forum Weiphone showing different angles of what appears to be the iPhone 5's new logic board. The logic board in question matches perfectly with previous rumors, specs, and features of the iPhone 5 prototypes....
Police have taken into custody a gunman they believe to be responsible for an "active shooting" at or near Texas A&M University where "multiple people" were shot , the school said on its website.
Knight Capital Group Inc. (NYSE:KCG) saw shares in the company drop precipitously early Monday -- at one point losing over 7 percent of their value -- as the bruised-up broker-dealer continued to pick itself up less than two weeks after a trading algorithm gone berserk saddled the firm with $440 million in losses.
Microsoft’s upcoming Windows Phone 8 is likely to see a release date this fall, as manufacturers Nokia and HTC have been ramping up production of smartphones based on this platform, DigiTimes has reported.
Google (Nasdaq: GOOG), the No. 1 search engine, said it had acquired the famous Arthur Frommer travel guides and other travel assets from publisher John Wiley & Sons (NYSE: JW/A) of New York.
Google has reportedly purchased the rights to the Frommer's travel brand from publisher John Wiley & Sons for an undisclosed sum, according to The Wall Street Journal, presumably to bolster its local reviews of small businesses, restaurants, sights and destinations around the globe. With the combination of Frommer's and Zagat, Google will be able to give audiences plenty of ways to view reviews and/or ratings of local businesses around the world throughout its mobile Android platf...
Leading members of the Group of 20 nations are prepared to trigger an emergency meeting to tackle soaring grain prices caused by the worst U.S. drought in half a century and poor crops from the Black Sea bread basket.
Shares of Google (Nasdaq: GOOG), the No. 1 search engine, set a five-month high Monday after the company advised the U.S. Securities and Exchange Commission of plans to fire 4,000 Motorola employees, two-thirds outside the U.S.
Dalton Caldwell, the digital entrepreneur who sometimes enjoys writing angry open letters to Mark Zuckerberg, believes people would prefer a paid version of Twitter where they're not constantly sold to by advertisers, but one where developers and the users are the center of the social experience. Caldwell said he was "inspired to build exactly the service I wanted manifested myself," which he calls App.Net. Now that he's successfully raised his funds, here comes the tough part: Makin...
Gasoline production issues and tensions between Iran and Israel have sent U.S. gasoline prices above $4 per gallon in some cities, and prices likely won't fall until October, according to gasoline analysts.
Bank of America Corp. (NYSE: BAC), the lender divesting assets to raise capital, said Monday it has agreed to sell Merrill Lynch's International Wealth Management business outside the U.S. to Swiss private bank Julius Baer Group Ltd.