Asian shares retreated Friday, spooked by JPMorgan's $2 billion loss from a failed hedging strategy, with investors warily watching political turmoil in the euro zone as they await new Chinese data for clues on its growth outlook.
Facebook's record initial public offering is already oversubscribed, a source familiar with the share listing said Thursday night, days after the world's largest social network embarked on a cross-country roadshow to drum up investor enthusiasm.
Jose Baez is coming out with a book.
Stock index futures fell sharply on Thursday evening as JPMorgan Chase & Co stunned investors with news that its chief investment office had incurred significant mark-to-market losses that it said could easily get worse.
Shares of JPMorganChase (NYSE: JPM) plunged 8 percent Friday after disclosing it had lost at least $2 billion in credit default swap trading.
The national Republican star and oft-mentioned vice presidential candidate vetoed a bill to set up a health insurance marketplace mandated under the Affordable Care Act.
The battle for control of Yahoo (Nasdaq: YHOO), the No. 3 search engine, will be fought next Thursday, the company confirmed.
After much speculation when photos leaked a few months ago, Nestle officially confirmed it will make candy bars inspired by Girls Scouts of America cookie flavors, namely the unofficially declared favorite, Thin Mints. Produced under the Girl Scouts of America license, Nestle announced the limited-edition candy bars will hit participating retail stores beginning on June 1 until September.
Ford Motor announced its second recall of Windstar vans for axle problems in two days Thursday, bringing the number of Windstars recalled so far this month to 36,000.
With Mother?s Day right around the corner, TrueCar.com released its list of the top 10 most popular cars for moms on Thursday, and the results of what moms in cars prefer aren?t exactly surprising. The data, which the car sales and pricing website collected over the course of 2011, shows that Honda and Nissan are the two companies with the greatest sway among mothers, with their CR-V and Altima models leading the way. Slightly unexpected, though, is that only one minivan, the Honda Ody...
Joseph Glynn Farley of Clear Lake, Texas gave drivers quite a show Wednesday afternoon when he hopped on a unicycle to ride across a bridge...butt naked.
International Business Machines Corp. (NYSE: IBM), the No. 2 computer maker, opened a new services delivery center in Costa Rica, spearheading a $300 million investment there.
It seems that everyone cannot stop talking about Mark Zuckerberg's roadshow to the Facebook IPO, where he angered Wall Street bankers by donning his standard uniform, a hoodie and jeans. But Zuckerberg isn?t the only CEO of a company who chooses to dress down than don a suit. Here are photos of 13 other CEOs who rid of suits.
The Global Fund, a leading financier in the struggle against AIDS, tuberculosis and malaria, expects to have an additional $1.6 billion to fund projects in 2012-2014, its new chief said on Wednesday, a turnaround from a funding freeze last year.
Officials of India's drug regulator have been colluding with pharmaceutical firms to speed up approval procedures, allowing some drugs that are not permitted in other countries to go on sale, according to an 18-month investigation by lawmakers.
It was to be the first purpose-built retreat center for inhabitants of the world?s largest country, but plans for the £50m ($80m) Chinese holiday village in Wales were dealt a blow recently after inspectors deemed the design ?inappropriate.?
Shares of AOL (NYSE: AOL), the No. 7 website, rose slightly after the company reported better-than-expected first-quarter results and promised to pass on $1 billion in patent payments to shareholders.
Authorities have still not caught up with Adam Mayes, the Mississippi man accused of killing Tennessee woman Jo Ann Bain and her oldest daughter, while kidnapping her two youngest girls. A relative has now informed authorities that Mayes believes the two young Bain girls are his daughters.
Shares of Cisco Systems (Nasdaq: CSCO) plunged nearly 11 percent after the company projected weaker-than-expected results for the current quarter.
Consumer electronics and entertainment giant Sony Corp reported Thursday a record net loss for the fiscal year ended March but pinned hopes on a restructuring strategy to return to profit this year.
Every new 2013 Cadillac XTS will come with an Apple Incorporated (NASDAQ: AAPL) iPad with a suite of customer education apps pre-loaded to teach new owners about the car's Cadillac User Experience (CUE), General Motors Company (NYSE: GM) announced on Wednesday.
A corporate diet, better focus and the explosion of ?Big Data? sent earnings up for Cisco Systems (Nasdaq: CSCO), the No. 1 provider of Internet equipment.
JPMorgan Chase & Co. (NYSE:JPM), the largest and most profitable U.S. bank, will launch a reloadable prepaid card in its 5,541 branches this summer, aiming to attract new customers and recoup fees it has lost under recent regulatory changes.
A month ago, shares of Apple (Nasdaq: AAPL), the world's most valuable technology company, closed at their record high of $628.64. On April 10, they hit their all-time high of $644. Now they are at $570.
Ford Motor Co. (NYSE: F) is recalling 27,000 model year 1998 to 2003 Windstar vans which suffer from a problem which can cause the rear axle of the vehicle to fracture, increasing the risk of crash, a notice from the National Highway Traffic Safety Administration (NHTSA) said Wednesday.
Social media gives companies a chance to humanize themselves, giving fans exclusive content in return for their loyalty. It's an effective strategy, and it's helped change the fortunes of several companies on the brink of solvency.
CEO of AOL Tim Armstrong set out to settle all the rumors and address the growing concerns among Patch employees and AOL investors this morning in a conference call.
The trial for former Penn State assistant football coach Jerry Sandusky could be postponed. An attorney for Sandusky, who charged last year with more than 50 counts involving sexual acts with minors, asked on Wednesday, May 09, for his client's June 5 trial to be delayed.
There will be no new Top Gear until 2013 except for a Christmas special because of fat people singing and Simon Cowell, the show's controversial but beloved host Jeremy Clarkson confirmed on Twitter Wednesday.
A Russian Sukhoi SuperJet 100 vanished over Indonesia on Wednesday during a demo flight meant to promote Russia's first newly-designed passenger jet since the Soviet collapse.
