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Traders are pictured at their desks at the Frankfurt stock exchange

Global Markets Are On Edge

This lack of action by central banks has clearly contributed to the pervasive negative mood felt by most investors.

U.S. data point to firming economic recovery

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The number of Americans filing new claims for jobless benefits fell to a 3-1/2-year low last week and factory activity in parts of the Northeast gained speed in December, suggesting a further strengthening of the economic recovery.
Canada's Minister of Natural Resources Oliver poses for a portrait in Toronto

TransCanada bets expansion plan will help Keystone

Buoyed by renewed pledges of customer support, TransCanada Corp said on Thursday it not only wants to proceed with its stalled Canada-to-Texas Keystone XL oil pipeline but to undertake a $600 million expansion and extension.
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Samsung Galaxy Nexus

Galaxy Nexus Goes Live on Verizon: Five Smartphones to Consider Before You Buy One

Galaxy Nexus finally went on sale Dec. 15 at Verizon, and it's $300 on contract with a bonus data deal available for a limited time from Verizon's Web site. That $300 is the highest price you can expect to pay for a subsidized smartphone in the U.S. right now (only exception is the 64GB version of iPhone 4S). It's also on par with Verizon's other flagship phones. Droid Razr, HTC Rezound and the 32 gigabyte version of iPhone 4S.
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Kroger sees hit, then gain, as pension plans merge

Kroger Co said on Thursday that four of the pension funds to which it contributes will merge into a new fund, a move that should ultimately trim its pension contribution costs after it takes a charge this year.
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Market gains as data overshadows IMF warning

Stocks rose on Thursday as signs of strength in the economy and higher-than-expected profit at FedEx outweighed a stark warning from the IMF about inaction over Europe's debt crisis.
Don Capalbi

New York Empire: Don Capalbi Makes Civics Work in Queens

Civic Associations such as Don Capalbi's Queensborough Hill civic play a vital role in New York City life, creating a forum for citizens to air grievances and meet their elected representatives, and connecting the gentry to its government.
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Herman Cain: 999 Man Wants to Be Secretary of Defense (VIDEO)

Cain then fell from the polls and bowed out of the race. But he's told Barbara Walters in an interview that aired Wednesday night as one of the 10 Most Fascinating People of the year that if given the opportunity for a cabinet position, he would choose this one -- Secretary of Defense.
Rick Perry

Rick Perry 2012: What Are His Positions?

Though he continues to lag in national polls, Rick Perry is launching a massive comeback effort in Iowa, which will hold the nation's first caucuses on Jan. 3. Here is an overview of his positions.
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U.S. Resilient, Europe Debt Woes Touch Asia

An improvement in the U.S. employment picture last week and a rise in regional factory activity suggested an emerging divide between resiliency in the U.S. economy and faltering growth in Europe and Asia.
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Southwest out to re-widen its cost advantage

Southwest Airlines Co is focused on eliminating waste and inefficiencies in its operation to bring down costs and re-widen the cost advantage it has against larger rivals, Chief Executive Gary Kelly said on Thursday.
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Glam Media moves closer to IPO, filing seen in Q2

Glam Media, the women's lifestyle online publishing and advertising company, is close to selecting bankers to lead an initial stock offering slated for 2012, according to people familiar with the matter.
U.S Military

U.S. War in Iraq Formally Declared Finished

After nearly nine years in Iraq, the war has formally drawn to a close as U.S. Defense Secretary Leon Panetta declared an end to its mission in a ceremony in Baghdad on Thursday.

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