BUSINESS

A Michigan college was arraigned Thursday on charges he murdered his father, who remains missing after he disappeared late last month.

Apple's iPhone 5 is expected for a September release date, and as the month draws near the rumor mill has been churning harder than ever. Early on Thursday, a new set of reportedly leaked photos have found their way to the web, according to Apple Insider.

Iowa, the largest state grower of corn and soy, has seen the size of its territory under extreme drought conditions rise from almost 31 percent last week to nearly 70 percent since Tuesday.

Prosecutors said they will commence an investigation into the ‘Nazi’ wine bottles.

Google (Nasdaq: GOOG), the No. 1 search engine, said it has devised a voice-enabled app for Apple (Nasdaq: AAPL) iPhones that will challenge the Siri personal assistant. The move comes two months after Google acquired Motorola Mobility Holdings, one of the top makers of smartphones.

General Electric Company (NYSE: GE) is recalling about 1.3 million of its dishwashers after receiving reports of heating element failures that led to fires, the Consumer Product Safety Commission said Thursday.

A penthouse at the Laureate, a luxury condo building in Manhattan's Upper West Side, has sold for $11.55 million, according to city records filed Thursday.

Kenya has thrown in a bid, along with Egypt and South Africa, to be the first African nation to host the Olympics in 2024. But the Kenyan economy might not be able to handle the financial burden.

General Electric (GE) issued a voluntary dishwasher recall on Thursday due to fire hazard, affecting more than 1.3 million dishwashers in the U.S. But how do you know if your dishwasher is one affected under the recall?

In 2010, fifteen Nepali servants committed suicide in Lebanon due to gross abuses.

Aloha! Welcome to paradise.

The world's oldest shipping company, a British firm started during the reign of George II, is going out of business after 282 years of sailing.

It's new, it's got a scary name, it will make policing New York easier, and it's going to be marketed for profit: Meet the "Domain Awareness System"

A report out Thursday morning by Jim Reid, head of Global Fundamental Credit Strategy, noted the global financial crisis is five years old today, tracing the beginning of the world's economic troubles to August 9, 2007.

Google (Nasdaq: GOOG), the No. 1 search engine, will pay a record fine of $22.5 million to the U.S. Federal Trade Commission to settle a complaint it had abused the privacy of users of the rival Safari browser from Apple (Nasdaq: AAPL), the world's most valuable technology company.

Pakistanis consume heroin valued at $1.2 billion every year.

Employers in the restaurant and retail industries -- those with a large number of hourly wage workers who traditionally had minimal or no health insurance -- are more likely than other companies to drop their health plans or cut worker's hours in order to maintain their already slim profit margins.

Melvin Morse of Georgetown, Delaware has been detained and charged with reckless endangerment for allegedly waterboarding his young daughter while the girl's mother watched.

The U.S. trade deficit in June was the smallest in 1-1/2 years as lower oil prices curbed imports, according to government data on Thursday that suggested an upward revision to second-quarter growth.

Ailing Finnish phone maker Nokia Oyj (NYSE: NOK) said it agreed to sell an application tools unit acquired in 2008 to a local partner as well as 500 wireless patents to Vringo (NYSE: VRNG) of New York City in a bid to raise cash.

The number of Americans lining up for new jobless benefits fell unexpectedly last week, the Labor Department said Thursday, suggesting that the battered labor market is healing.

Pluristem Therapeutics, Nokia Corp, Amarin Corp, Sprint Nextel, KB Home, Yelp Inc, Glu Mobile and Zynga Inc. are among the companies whose shares are moving in pre-market trading Thursday.

The Martian crater where Curiosity rover landed Sunday looks strikingly similar to the Mojave Desert in California, said scientists on Aug. 8.

Despite most central banks slashing interest rates in 2009, there is still room for central banks to maneuver and stimulate their sluggish economies.

Technology may have a good second half of 2012 after all, despite all the fears of economic collapse, lower demand for PCs and other worries. After Computer Sciences reported better-than-expected results on Wednesday, Hewlett-Packard said third-quarter results would be stronger, too.

Keeping up with the Joneses can mean buying best-value vehicles for some of the wealthiest U.S. consumers.

Another employee of Infosys, India's leading IT player, has filed a lawsuit against the company, alleging harassment for his role in bringing to light the visa and fraud issue.

U.S. stock index futures point to a higher open Thursday ahead of the Labor Department's weekly jobless claims data and the Bureau of Economic Analysis' trade balance report.

Asian stock markets advanced for the fourth straight session Thursday after data showed that Chinese inflation continued to cool down in July, providing more room for further policy easing to boost growth.