The economy is in much better shape and does not need further help from the central bank, a top Federal Reserve official known for his hawkish policy views said on Thursday.
The number of Americans claiming new unemployment benefits dropped to a four-year low last week, bolstering hopes a recent pick-up in job growth will prove lasting.
The Dow and the S&P 500 fell for a third straight day on Thursday on concerns about the global economy's growth outlook after manufacturing data showed a drop in new orders in both the euro zone and China.
Wall Street fell for a third straight day on Thursday after continued contraction in manufacturing in both the euro zone and China fueled worries about the global economy.
FedEx Corp will pay back wages and interest to more than 21,000 people rejected for jobs in a $3 million settlement of a bias case brought against two of the company's units by the U.S. Department of Labor.
NYSE Euronext said on Thursday it would not join Deutsche Boerse in appealing the European Commission's decision to prohibit the $7.4 billion merger between the two exchange operators.
The number of Americans claiming new unemployment benefits dropped to a four-year low last week, offering further evidence the jobs market recovery was gaining traction.
Volkswagen AG will add 800 jobs at its only U.S. plant to increase production of the Passat sedan, the company said on Thursday.
Not many know about Kulula Airlines, the South African low-fare airline that only travels in and around a handful of African countries, but by demonstrating its humor inside and outside its airplanes, maybe Kulula can turn some heads, gain some attention and even expand in the process.
Stocks fell at the open on Thursday as data on the U.S. labor market did little to counter concerns about weakness in the global economy after soft manufacturing data in the euro zone and China.
Stocks were set for a weaker open on Thursday as data on the domestic labor market did little to counter concerns about weakness in the global economy after soft manufacturing data in the euro zone and China.
Stock index futures briefly extended their losses on Thursday after the latest reading on jobless claims.
Stock index futures fell on Thursday after manufacturing data in the euro zone and China increased worry about a slowing global economy.
FedEx Corp reported higher quarterly profit that beat estimates, citing higher revenue per package and record holiday shipping, and forecast further advances in the current quarter.
Stock index futures fell on Thursday after manufacturing data in the euro zone and China increased worry about a slowing global economy.
Joseph Kony, the head of the Lord's Resistance Army, responsible for several gruesome atrocities and killing hundreds of civilians in Uganda. He got world's attention after Jason Russell and his invisible children group posted a video Kony 2012, demanding his immediate arrest.
More than a decade after regulators moved to clean up the stock research industry at investment banks, analysts across the globe are as hesitant as ever to issue negative research on companies they believe are destined to struggle.
Patricia Lefranc, 48, was left horrifically disfigured when her ex-lover sprayed sulfuric acid on her face. Lefranc had been in coma for three months. Later, she lost the sight of an eye, became partially deaf and had to undergo 86 surgical operations to reach her present form while the acid continues to eat her nose and erode her skin, two years after the attack.
Four days before the Olympic Opening Ceremony, in London's historic Horse Guards Parade courtyard where throngs will have just celebrated Queen Elizabeth's Diamond Jubilee, United Parcel Service will ship in to set up scoreboards, umpire chairs, sand rakes, nets and other fixtures for beach volleyball.
Four days before the Olympic Opening Ceremony, in London's historic Horse Guards Parade courtyard where throngs will have just celebrated Queen Elizabeth's Diamond Jubilee, United Parcel Service will ship in to set up scoreboards, umpire chairs, sand rakes, nets and other fixtures for beach volleyball.
A federal watchdog faulted Fannie Mae and Freddie Mac, the mortgage finance companies propped up with taxpayer funds, for questionable spending on a mortgage industry conference last year, in a report released on Thursday.
It's not quite Easy Street, but more money is starting to flow along Main Street.
Watson Pharmaceuticals Inc is close to buying Swiss-based Actavis for around $7 billion, marking the latest deal between generics companies racing to achieve economies of scale, three sources familiar with the matter said.
Stocks mostly fell on Wednesday, weighed by the energy services sector, but gains in technology shares buoyed the Nasdaq and helped keep the S&P 500 near four-year highs.
Brazil plans to signal its growing concern about intense foreign competition hurting its industries by suggesting at the World Trade Organization that the ceiling for its import tariffs is too low, government sources told Reuters on Wednesday.
Starbucks Corp said on Wednesday it would spend $180 million on U.S. factories, creating 150 manufacturing jobs, and that it would get into the $8 billion U.S. energy drink market with a new product.
Bank of America Corp has eliminated jobs in its equities, mortgage-backed securities and research divisions in recent weeks, two sources familiar with the situation said on Wednesday.
Germany's Deutsche Bank AG changed the legal status of its main U.S. subsidiary, Taunus Corp, as a way to avoid injecting billions of dollars of capital into the unit by 2015.
SAN FRANCISCO, March 21 - Hewlett Packard Co will merge its printer and PC businesses, combining two of its largest divisions as Chief Executive Meg Whitman tries to jumpstart growth at the technology company.
Allen Stanford, the financier convicted of running an estimated $7 billion Ponzi scheme, has asked for a new trial, citing the media's use of Twitter in the courtroom and a lack of time to prepare his defense.
