Investors are increasingly making a flight to quality as they pull out of credit-default swaps hedges on Europe's primary index as well as the markets for periphery nations like Spain, a trend which indicates higher expectations that periphery nations are unable to repay their debts and a lack of confidence in the political will of the economic union.
Pedro Hernandez, the man in custody in connection with the1979 Etan Patz disappearance case, confessed to the boy's killing. However, law enforcement sources are telling the media they remain skeptical of the claim because some things don't add up with known facts.
Two U.S. Army reservists say the ban on women serving in combat roles violates the equal protection clause of the U.S. Constitution.
Tired of reaching in your freezer only to pull out your half-eaten ice cream when it was supposed to be full? Ben & Jerry's has created a solution to that pesky, ice cream-stealing roommate problem: a lock for your pint of ice cream. Ben & Jerry's re-introduced the Euphori-Lock, a lock that slide over the lid of your ice cream and locks it.
Apple's senior VP of industrial design Jonathan Jony Ive, who was also Apple founder Steve Jobs' closest friend and confidant, was asked by The Telegraph what project he would like to be remembered by. Even though Ive is behind some of Apple's most courageous product designs, the design guru actually said Apple's current project could be his finest hour.
SumOfUs, the Washington, D.C.-based liberal group that pressured Apple (Nasdaq: AAPL), the world's most valuable technology company, about its Chinese contractors, is keeping the pressure on.
Do host cities make money?
A source in the bank did not provide the reasons behind the dismissal.
The Ohio House on Thursday is expected to vote on a bill that would bolster the state's rules on hydraulic fracturing
In the event he is found sane, he will be sent to prison for up to 21 years.
The Federal Reserve Bank of Kansas City said Thursday that manufacturing growth in the Midwest and part of the Rocky Mountain region rebounded in May and that firms were more optimistic than in previous months.
Gore-Tex Heiress, Susan Gore, has been denied the right to adopt her 65-year-old ex-husband as a means to boost her family's inheritance fortune.
Shares of Facebook (Nasdaq: FB), the No. 1 social network, rose $1.03 to close at $33.03 on Thursday. A week ago, they were priced at $38 for the IPO.
GPEI warned that failure to eradicate polio could lead to as many as 200,000 paralyzed children a year across the globe.
Facebook (Nasdaq: FB), the No. 1 social network, didn?t just set records for enriching inside investors like CEO Mark Zuckerberg, COO Sheryl Sandberg, Accel Partners and Digital Sky Technologies. Underwriters fared very well.
American International Group Inc. (NYSE: AIG) was partially rebuffed in its effort to get $10 billion out of Bank of America Corp. (NYSE: BAC) Wednesday, as a Los Angeles U.S. district judge dismissed some of the New York re-insurer's claims in its securities lawsuit against the giant Charlotte, North Carolina- bank.
Shares of Facebook (Nasdaq: FB), the No. 1 social network, are up six cents to $32.06 in late morning trading on Thursday.
MasterCard Inc. (NYSE: MA) said Thursday it will appeal a decision by Europe's second-highest court rejecting the credit card company's argument against an EU ban on cross-border card fees, Reuters reported.
In economic news, the euro data was overwhelmingly negative, which interestingly enough did not propel the euro lower.
In 2008, when the financial crisis was taking form, it was the US who sneezed and the world who caught a cold.
U.S. 30-year fixed mortgage rates dropped to 3.78 percent in the week ending May 24, down slightly from 3.79 percent in the previous week, mortgage financier Freddie Mac said Thursday.
Even as a possible Greece exit from the euro zone is creating ripples of fear in the global economy, it seems that the Asian countries, especially India, is better placed to face the euro zone breakup storm than other regions.
Anti-tobacco advocates in Indonesia plan to file a class action lawsuit this month using cases of child addicts in the hope of forcing tougher regulations on a society where one in three people smokes.
There's a glimmer of hope that authorities may finally solve the 33-year-old cold case of Etan Patz, a boy who disappeared in 1979 while on his way to the school bus stop.
Speaking at a summit in Brussels, the heads of Germany and several EU institutions all urged the debt-stricken country to stick to the deeply unpopular tax hikes, labor reforms and welfare cuts that have divided Greece and pushed it to the brink of exiting the currency union.
The number of Americans lining up for new jobless benefits fell slightly last week to 370,000, but remained above levels posted earlier this year, the Labor Department said Thursday. While matching economists' forecasts, the figure suggests improvement in the labor market is stalling.
Japan Tobacco Inc. (Tokyo: JT) is buying all outstanding shares in Belgian tobacco company Gryson NV from its parent GT&Co BVBA for ?475 million ($596.3 million), the company announced Thursday.
In 2010, the Indian government permitted state-owned oil companies to establish the price of petrol.
The common currency was punished overnight as sentiment regarding Greece turned from bad to worse.
Asian stocks closed mixed Thursday on weak Chinese manufacturing data, while European shares rose and U.S. futures pointed to a higher opening on hope that a U.S. durables goods report for April will be strong.
