Investing in Brazil's booming economy has turned another page as foreign companies, especially Japanese firms, move from putting money into the nation's financial industry to putting it into the real economy of South America's largest nation.
New York Comptroller Thomas DiNapoli renewed his call on Friday that Chevron Corp. (NYSE: CVX), the second-largest oil company in the U.S., settle its legal battle against a multibillion-dollar judgment in Ecuador, to avoid further damaging its reputation and shareholder value.
Renesas Electronics (Tokyo: 6723), one of Japan's biggest chip-makers, could fire as many as 30 percent of those on its payroll, or 14,000 workers.
U.S. equities closed a moderately green week with a moderately red day on Friday, as the Dow Jones Industrial Average fell 74.92 points, or 0.60 percent, to 12,454.83, the S&P 500 index dropped 2.86 points, or 0.22 percent, to 1,317.82, and the Nasdaq Composite index dipped 1.85 points, or 0.07 percent, to 2,837.53.
The vice president said he harbored thoughts of suicide following the deaths of his wife and daughter in 1972, but rose above them. Folks, it can and will get better, Biden said. There will come a day...when the thought of your son or daughter, or your husband or wife, bring a smile to your lips before it brings a tear to your eye. It will happen.
The Harvard Alumni Association apologized for an entry in the 50th anniversary report for the class of 1962 in which Ted Kaczynski, the man known as the Unabomber who is serving multiple life sentences, updated his awards and current job title.
A picture says 1000 words, but porn stars talk even more. Tasha Reign and Brooklyn Lee, the two starlets who posed for a photo with Bill Clinton at a gala fundraiser in Monaco on Wednesday, said the former president wanted to meet them both, despite the secret service's attempt to block their meeting. Reign even went as far as calling Bubba super hot, adding she feels sympathetic for how quickly the photo went viral.
The hard reality is that companies involved in global trade are almost always exposed to exchange rate risk. Using very simple tools, uncertainty can be effectively stripped out of a transaction.
Private-sector initiatives in space made history Friday when SpaceX?s Dragon space capsule was grappled by and attached to the International Space Station.
As Europe prepares to get its hands on the Samsung Galaxy S3 on May 29, the U.S and Canada have only been given a tentative summer release date. However, an ad spotted by MobileSyrup has revealed that the phone will be released in Canada on June 20, with pre-orders starting now.
U.S. government data says that one American in three is obese -- and a European plane maker sees it as a sales opportunity.
The Department of the Interior on Thursday called for a deepwater oil and natural gas containment exercise, designed to test the oil industry's readiness and capacity to respond to a future accident like the Deepwater Horizon in the Gulf of Mexico.
The U.N.'s International Atomic Energy Agency has found evidence of uranium enriched up to levels closer to the threshold needed for developing nuclear warheads at an underground Iranian facility.
In a fast-paced, wide-ranging and, at times, hilariously odd interview with Chris Matthews on Hardball Thursday night, former GOP presidential candidate Newt Gingrich forgave Mitt Romney for any harsh words traded on the campaign trail.
Federal authorities are currently investigating how a door from a private jet landed on a South Florida golf course on Thursday.
The U.S. Treasury declined Friday to name China as a currency manipulator, a move that is likely to intensify an already hot debate in the U.S. presidential campaigning.
Top Chinese and Israeli military officials met in Beijing earlier this week, signaling increased cooperation between the two nations, that formerly regarded each other tepidly.
China's growing hunger for the RV is providing further evidence for the theory that the Middle Kingdom is trying to become more American -- at least in its pastimes.
France's new president Francois Hollande made an unannounced first visit to Kabul on Friday, where he declared that it's time for a sovereign Afghanistan.
A U.S. health advisory panel on Thursday issued a split vote on data for Pfizer Inc's drug to treat a rare neurodegenerative disease. The U.S. Food and Drug Administration panel voted 13 to 4 that the drug did not show that it met the main goal in a study in treating the fatal condition.
U.S. mortgages rates have dropped to record lows for four consecutive weeks, but that doesn't mean more homes will be sold. In fact, at least one housing expert argues that extremely low rates are causing banks to be even more stringent with underwriting approvals, turning away more prospective buyers and hurting the national housing market.
Moving swiftly from the realm of tin foil-hat conspiracy to a bullet point being openly talked about as a fait accompli by international financiers, an exit by Greece from the European common currency dominated conversation this week. But what would actually happen if Greece left the euro?
