The former CEO of Olympus Corp, whose revelations about irregular deals and payments exposed an accounting scandal at the camera and medical equipment maker, will return to Japan next week to meet police and authorities investigating the case.
New U.S. claims for unemployment benefits dropped to a seven-month low last week, a government report showed on Thursday, suggesting the labor market was gaining some traction.
U.S. housing starts fell less than expected in October as a drop in groundbreaking for multi-family units narrowly outweighed more new construction of single family homes.
Stocks were little changed on Thursday as concerns over rising yields on euro zone debt kept optimism over another round of improved U.S. economic data in check.
Stocks fell on Thursday as concerns over rising yields on euro zone debt outweighed another round of improved U.S. economic data.
Sergio Ermotti, the suave new boss of UBS AG , could signal the Swiss bank's return to dividend payments later on Thursday as part of plans to slash risky investment banking and re-focus on the core business of managing the assets of the world's wealthy.
Americans plan this year to go shopping in greater numbers on Black Friday, the biggest shopping day of the year and unofficial kick-off the holiday spending season.
Stock index futures were set to open little changed on Thursday as investors balanced another round of improved U.S. economic data with concerns over rising yields on euro zone debt.
Spain and France faced sharply higher borrowing costs on Thursday, struggling with bond auctions that highlighted the threat of larger euro zone economies succumbing to the debt crisis that began in Greece and is now threatening Italy.
India's civil aviation minister ruled out a public bailout for India's Kingfisher Airlines or any other airline, urging private airlines in India to put their own house in order.
About 500 Occupy Wall Street protesters marched from a New York park on Thursday to the stock exchange for a protest that the movement against economic inequality hoped would attract tens of thousands of people.
Stock index futures fell on Thursday after a late selloff in the prior session as investors kept a close eye on rising yields of euro zone debt.
Stock index futures fell on Thursday after a late selloff in the prior session as investors kept a close eye on rising yields of euro zone debt.
The British government has agreed to sell Northern Rock, the failed mortgage lender it nationalized in 2008, to Virgin Money, the banking arm of Richard Branson's Virgin empire.
Google Inc warned U.S. lawmakers on Wednesday that proposed legislation to crack down on foreign websites selling pirated U.S. movies, music or other counterfeit goods goes too far and could depress investment.
France and Germany, Europe's two central powers, have stepped up their war of words over whether the European Central Bank should intervene more forcefully to halt the euro zone's debt crisis after modest bond purchases failed to calm markets.
Ford's new Shelby GT500 Mustang has surpassed all expectations, bringing with it a brand new supercharged 5.8-liter V8 engine that generates no less than 650 horsepower. The 2013 Shelby GT500 is expected to have a top speed of over 200 MPH.
One of Olympus Corp's top shareholders, Nippon Life Insurance, cut its stake in the scandal-hit Japanese firm but signaled on Thursday it would remain as an investor in the company, citing its strong core business and technology.
World stocks dipped to a one-week low on Thursday and the euro held near a five-week trough while safe-haven German bonds rose, as concerns grew over spillover damage to U.S. banks from the euro zone sovereign debt crisis.
Asian shares wobbled on Thursday as doubts deepened about Europe's ability to stop its sovereign debt crisis from spinning out of control, with Germany and France split over the European Central Bank's bond buying role.
Asian shares and the euro fell further on Thursday as doubts deepened about Europe's ability to stop its sovereign debt crisis from spinning out of control, with the region's biggest nations split over the European Central Bank's bond buying role.
AOL Inc's head of applications and commerce group and Silicon Valley operations is stepping down, Bloomberg said citing a person with direct knowledge of the matter.
Thousands of former MF Global Holdings Ltd customers may recover $520 million of cash held in their accounts by early next week, even as the bankrupt brokerage lays off more workers.
Angie's List Inc, which provides consumer reviews of local professionals and businesses, priced its initial public offering at $13 a share, the higher end of the expected price range, according to an underwriter.
The International Monetary Fund replaced its European Director with a powerful, well-connected, insider on Wednesday in a sign the global lender is setting a more forceful course of action in dealing with the European crisis.
Data storage equipment maker NetApp Inc reported a 6 percent dip in fiscal second-quarter profit and forecast lower than expected results for the current quarter as large corporations trim technology spending in a shaky economy.
Starbucks denied rumors about efforts to shut down its public restrooms across 196 locations in New York City.
Stocks fell on Wednesday, with selling accelerating late in the session on more warnings about the potential impact of the euro zone's debt crisis on the global economy and the banking system.
Rambus Inc was dealt a major defeat on Wednesday as a jury rejected its claims in a $4 billion antitrust lawsuit against Micron Technology Inc and Hynix Semiconductor Inc, a decision that wiped out almost two-thirds of its market value.
Japan's disgraced Olympus Corp may sell assets to help pay down $3.4 billion in debt under a plan aimed at keeping the support of lenders in its battle to survive an accounting scandal, the Nikkei business daily said on Thursday.
