A Thursday report based on payrolls showed that the U.S. private sector added more jobs than forecast in December, a very bullish sign that added to the hope of a strong official Labor Department report on Friday. Bond prices briefly turned down on the news. Yields on 10-year notes declined 2 basis points to 1.96 percent, after touching 2.03 percent following the data.
The United States government said there is no confirmation of these rumors.
China's airline companies are refusing to pay a new European Union carbon tax when traveling to airports on the continent.
President Barack Obama unveiled a defense strategy on Thursday that calls for greater U.S. military presence in Asia and envisions cutting troops in Europe as the Pentagon seeks to reduce spending by nearly half a trillion dollars after a decade of war.
Over 2,160 Boeing workers in Wichita will be laid off as the airplane and defense company closes its facility in the Kansas city in light of U.S. defense budget cuts.
Italian automaker Fiat increased its majority stake in Chrysler on Thursday to 58.5 percent from 53.5 percent, reaching the goal set by the United States government after it bailed out and restructured the American automaker under bankruptcy protection in 2009.
A new decline in the value of the Euro could hit major U.S. technology exporters which dodged the bullet in the fourth quarter. Companies included HP, IBM, Oracl;e and Cisco Systems.
Bill Heywood, a famous Phoenix radio personality, was found dead on Wednesday in a Scottsdale hotel room, reported azcentral.com.
Major U.S. technology companies, which derive the majority of their revenue from abroad, with between 25 percent and 33 percent overall from Europe, have warned about potential fallout from the Eurozone crisis since last July.
A prison melee in Mexico has left 31 people dead and another dozen injured in the state of Tamaulipas.
President Barack Obama appointed three people to the National Labor Relations Board on Wednesday to keep the agency operable in 2012.
U.S. stocks fell in choppy trading on Thursday after concerns about the euro zone's debt crisis overshadowed data suggesting a solid U.S. economic recovery.
Zombie bees may the reason why the flower pollinators worldwide are dying off, scientists said Thursday.
The number of planned job cuts at U.S. firms declined in December to the lowest level since June, but up from the same time a year ago, a report on Thursday showed.
Thursday’s carnage represented the worst brutality in Iraq since 60 people were killed by explosions in late December in Baghdad.
Private employers added 325,000 jobs in December, easily beating economists' expectations, a report by a payrolls processor showed on Thursday.
The average U.S. 30-year fixed-rate mortgage rate dropped to 3.91 percent, matching an all time low, in the week ending on Dec. 5, according to Freddie Mac.
Stocks of Japanese oil refiner TonenGeneral Sekiyu KK keeps dropping following an announcement that ExxonMobil Corp., is considering selling its majority shares of that company.
Eli Lilly & Co forecast a steeper-than-expected decline in profit for 2012, the first full year without exclusive rights to its big-selling Zyprexa schizophrenia treatment.
Prior to Sein’s ascension, Burma was ruled by brutal military dictatorships for more than fifty years.
Gold was on course for a fifth straight session of gains on Thursday as growing anxiety on Iran boosted its safe-haven appeal and rising seasonal demand in China buoyed sentiment.
MF Global UK administrator KPMG plans to start returning to clients the $1.2 billion of cash and assets frozen at the defunct broker as early as this month in a move that will placate customers ahead of their showdown with KPMG next week.
