New York Gov. Andrew Cuomo won a major boost this week after suburban and upstate voters approved 99 percent of their school budgets, most of which adhered to the Democratic governor?s new property tax cap.
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The European Central Bank in Frankfurt said Wednesday it is temporarily cutting off liquidity to Greek banks that are inadequately capitalized, pushing the onus of emergency assistance on the Greek central bank.
Federal judge Jane Triche Milazzo has recused herself this week from the first criminal case stemming from BP's Deepwater Horizon 2010 oil spill.
French Finance Minister Pierre Moscovici said any agreement would need to include an ambitious strategy for growth.
A teenager is being held in the Dallas County Jail on robbery and other charges after he allegedly tried to rob a police officer in a police station.
Social network and scrapbook website Pinterest said it took in $50 million from Japan?s Rakuten (Tokyo: 4755) empire, which valued the four-year-old company at $1.5 billion.
Social networking site Pinterest has raised $100 million from a group of investors led by Japanese online retailing giant Rakuten Inc in a deal that reportedly values the three-year-old U.S. company at $1.5 billion.
Brazilian oil company Petrobras, which helps U.S.-based Chevron develop offshore oil fields in Brazil, said regulators there are not likely to shut down Chevron's operations in the Frade oil field in the wake of oil spills.
Mexico's drug war has left 50,000 people dead; if generals are playing both sides, who is winning?
Both Samsung Japan and NTT Docomo have confirmed that the Galaxy S3's Japanese variant, named the SC-06D, will be packing 2GB of RAM, instead of 1GB. The device will also swap the quad-core Exynos for a 1.5Ghz dual-core Snapdragon S4 processor.
General Motors Company (NYSE: GM) announced Thursday it will build its next generation Vauxhall/Open Astra cars at two factories in Ellesmere Port, UK and Gliwice, Poland, leaving the company's Bochum, Germany plant facing closure.
The crisis in Air India has entered its tenth day, with situation further worsening as government, management and the pilots union spearheading the movement blaming each other for the crisis.
Cameron?s statements came on the heels of similar warnings by Bank of England governor Sir Mervyn King that the euro zone?s failure to get a grip on the debt crisis poses the biggest threat to Britain?s economic recovery.
U.S. 30-year fixed-rate mortgages hit a new record low for the third straight week as concerns over the euro zone weighed on the economy, mortgage financier Freddie Mac said Thursday.
Shares of Agilent Technologies (NYSE: A), the No. 1 U.S. instrument maker, surged on Thursday after the company announced it?s biggest acquisition, the $2.2 billion takeover of Denmark?s Dako.
Israeli leaders Prime Minister Benjamin Netanyahu and defense minister Ehud Barak have long taken a hawkish stance against Iran.
A military court in Somaliland sentenced 17 civilians to death for attacking army officers in the capital of Hargeisa.
More Americans than expected filed for jobless benefits last week, echoing comments in the minutes of the April Federal Open Market Committee meeting that suggested policymakers feel unsure about the true state of the labor market.
The companies whose shares are moving in pre-market trade Thursday are: Millennial Media, Herbalife, Ctrip.com International, Cameco Corp, J.C. Penney, Wal-Mart Stores, Wal-Mart Stores, Limited Brands and JPMorgan Chase & Co.
International Business Machines Corp. (NYSE: IBM) announced a series of initiatives for cloud, or Internet-based computing, to lower costs as well as lure more customers.
India?s rupee recovered slightly Thursday following the rebound seen in Asian markets led by positive data from Japan and the US.
The Spanish government sold ?2.4 billion of debt on Thursday morning, with bonds due in 2015 carrying an average yield of 4.375 percent - a huge rise from an average yield of 2.89 percent in April.
Futures on major U.S. indices point to a flat opening on Thursday ahead of economic data including weekly jobless claims
Asian markets rose Thursday as the economic growth reported by Japan and possible additional monetary stimulus from Federal Reserve to spur growth of the US economy offset the increasing concern of Greece leaving the euro zone.
Japan?s economy grew in the first three months of the year from the preceding quarter, boosted by reconstruction activities in regions hit by last year?s tsunami.
Afghanistan, bracing for a potential sharp decline in financial support from the West amid fears of a fresh military offensive by the Taliban insurgents, has demanded $4.1 billion a year for its security forces after the foreign troops pull out in 2014, ahead of the NATO summit starting Sunday.
Asian stock markets advanced Thursday after the heavy sell-off in the previous session. Better-than-expected economic data from U.S and Japan offset ongoing uncertainty about Greece's political situation.
The euro wallowed near a four-month trough versus the dollar Thursday after some banks in Athens faced emergency funding needs, compounding fears that a potential Greek exit from the euro could put more pressure on other struggling euro zone nations.
Shares in South Korea's Samsung Electronics extended their heavy slide on Thursday, on speculation that arch rival Apple Inc is looking to cut its reliance on Samsung memory chips and turn increasingly to Japanese chipmaker Elpida.
