Asian markets fell Thursday as weak retail sales data by the U.S. Commerce Department and Spanish debt downgrade by Moody's weighed down on investor sentiment.
Stock markets in China and Hong Kong declined Thursday as weaker-than-expected data on monthly U.S. retail sales and renewed concerns about the debt-laden euro zone weighed on the sentiment.
Japan's industrial production declined in April from the previous month, according to the revised data released by the Trade Ministry Thursday.
The top after-market NYSE gainers Wednesday were: Spartech Corp, Haverty Furniture, SuperValu, Orbitz Worldwide and Unifi. The top after-market NYSE losers were: Korn/Ferry International, Winnebago Industries, Select Income REIT, Radian Group and Yelp.
Japan's Nikkei 225 Stock Average fell Thursday amid report of cut in Spain's credit rating and disappointing data from the U.S.
An alleged member of the LulzSec hacking group who prosecutors say targeted the Fox and PBS television networks and Sony's film and TV studio has been indicted.
Rarely do the words sports car and luggage go together in a sentence without the phrase does not have enough room for. No more. The 2012 Porsche Panamera S Hybrid succeeds in actually combining a sports car with hybrid technology without totally neutering the driving experience.
Key decision makers in prominent business companies throughout Europe have criticised failing education systems for rising youth employment and have been clamouring for the implementation of dual education schemes to help reverse this worrying trend.
U.S. investors are getting back into real estate, but their efforts are being complicated by the uncertain housing market.
Mario Monti faces public opposition to his push for austerity and close coordination with Germany. In the wake of the Spanish bailout, fresh skepticism from investors dogs him as he urges the parliament to step up reforms.
Credit ratings agency Moody's Investors Service cut its rating on Spanish government debt on Wednesday by three notches to Baa3 from A3, saying the newly approved euro zone plan to help Spain's banks will increase the country's debt burden.
Precious and industrial metals have been moving higher over the past few sessions in spite of fundamentals, suggesting commodities traders are loading up on the physical assets in anticipation of seeing at least one of the world's major central banks turn on the money spigots later this month.
Announced on Monday at WWDC 2012 in San Francisco, the new MacBook Pro with Retina Display has been completely redesigned by Apple from the ground up. Several new architectural features have been included outside and inside the computer shell to make the computer stronger, faster and less noisy, but the real showstopper is the display.
Helicopter gunships aren't the only things Russia is giving Syria; now the Kremlin is printing money for the cash-strapped Damascus regime. But whereas the former makes Assad's regime stronger militarily, the latter may be contributing to an inflation rate that is now more than 30 percent.
Openet, one of Ireland?s flourishing software developers, said it raised an additional $21 million from investors in Japan, Europe and the U.S., bringing the cumulative total raised in 13 years to $55 million.
At stake is the country's continued membership in the euro currency, and the future of the euro zone itself. Here is our handy guide to the key events and implications you can expect going forward.
The 105-year-old, 20-story luxury hotel is currently jointly owned by El-Ad Properties, an Israeli-owned real estate firm; and Kingdom Holdings, a company based in Saudi Arabia.
Greeks are stocking up on non-perishable staples like pasta on fears that Sunday's elections presage an end to the nation's euro zone participation and a return to the drachma, Reuters reported Wednesday.
The FBI is getting some extra help in trying to catch Morgan Harrington's killer after Metallica frontman James Hetfield volunteered to make a video urging anyone with information on the unknown killer to come forward.
The Georgia Department of Transportation denied an application by the Ku Klux Klan to participate in the state's Adopt A Highway program, but the roadside volunteer cleanup program may have to come to an end to permanently block the hate group.
Event risk is building for this weekend as the much-ballyhooed second round of Greek elections gets underway on Sunday.
It seems that since the very beginning of the European debt crisis the half-life of announced bailout measures is steadily contracting
JetBlue is being sued by 10 passengers, claiming the airline was grossly negligent in allowing pilot Clayton Osbon, who had to be restrained after he burst through the cockpit screaming about religion and terrorism on a March 27 flight from New York to Las Vegas, to man the plane that day.
After 28 years, Dell (Nasdaq: DELL), the No. 3 computer company, plans to pay shareholders a small dividend, 8 cents a quarter. Later this year, Apple (Nasdaq: AAPL), the world's most valuable technology company, will resume paying dividends after 17 years.
JPMorgan Chase & Co (NYSE:JPM) Chairman Jamie Dimon floated unscathed through a hearing of the Senate Banking Committee meant to examine what happened inside his banking behemoth earlier in the year, when a massive bet on the credit-default swaps derivatives market reportedly meant to 'hedge' other bank risks went sour, resulting in multibillionaire losses.
JPMorgan Chase & Co Chief Executive Jamie Dimon defended the intent of the portfolio behind the bank's recent multibillion-dollar trading loss, telling lawmakers it was a genuine hedge that would make the firm a lot of money if a credit crisis hit.
Protestors were present on Wednesday, June 13, when JPMorgan Chase chief executive Jamie Dimon testified on Capitol Hill in Washington. The activists reportedly heckled Dimon as the head of the largest bank in the U.S arrived to take his seat at a Senate Banking Committee hearing.
The Mexican drug cartels are notorious for the decapitated bodies they leave along the dusty highways south of the border, but they'd rather keep a low profile about another activity of theirs on U.S. soil -- horse racing.
A billboard for Skydive Dubai and Denver-based Go Fast energy products in Dubai was named the World's Most Expensive Billboard by the companies, since it would cost $1.3 billion a month to operate around the clock. But how could a billboard cost that much to operate? Perhaps because of the man who flies around the billboard in the air in a jet pack, which costs over $500 per second.
The U.S. natural gas industry will create 1.5 million jobs by 2015, in large part because of the surge in production from unconventional shale beds that require hydraulic fracturing, according to an IHS study released Wednesday.
