Warren Buffett said newspapers faced the possibility of nearly unending losses and he would not buy most newspapers in the U.S. at any price in May 2009 at a Berkshire Hathaway shareholders meeting. However, the billionaire announced Wednesday that he has agreed to buy Omaha World-Herald Co., publisher of his hometown newspaper the World-Herald.
Companies created the most jobs in nearly a year in November, adding to cautious optimism that the country's battered labor market is working its way toward healing.
The family of Huguette Clark, the copper heiress who amassed a $400 million, has launched a legal battle over her estate and fortune after a two wills were discovered.
Three hackers say they have exploited a vulnerability in Research In Motion's PlayBook tablet to gain root access to the device, a claim that could damage the BlackBerry maker's hard-won reputation for security.
Three hackers say they have exploited a vulnerability in Research In Motion's PlayBook tablet to gain root access to the device, a claim that could damage the BlackBerry maker's hard-won reputation for security.
Lawyers for multimillionaire hedge fund founder Raj Rajaratnam on Wednesday sought a delay of his prison sentence just five days before he was due to start serving 11 years for insider trading.
Following the example set by the Arab League and the U.S., Turkey on Wednesday slapped a series of economic and financial sanctions on Syria over the government's continued bloody crackdown on an eight-month uprising.
Dateline Yale--$40,000 a year, two-drink minimum. Yep, the prestigious gateway to the CIA, a career as a thespian and the U.S. Presidency for Both Bush, father and son, and Clinton, now offers a course on New York nightlife. College is a fine time to party, and I support a liberal amount of irrational exuberance mixed in with cramming for grades, but somehow, in these difficult economic times, I find a college course about the history of partying a bit...disconcerting.
Dateline Yale--$40,000 a year, two-drink minimum. Yep, the prestigious gateway to the CIA, a career as a thespian and the U.S. Presidency for Both Bush, father and son, and Clinton, now offers a course on New York nightlife. College is a fine time to party, and I support a liberal amount of irrational exuberance mixed in with cramming for grades, but somehow, in these difficult economic times, I find a college course about the history of partying a bit...disconcerting.
The CEO of Swiss pharmaceutical company Naari AG said its sodium thiopental was never intended for a U.S. market or lethal injections.
Stocks surged on Wednesday as major central banks around the world acted jointly to add liquidity to the global financial system, sparking a rally in risk assets such as equities and commodities.
These newly defined poor will now qualify to receive subsidies.
The new U.S. consumer financial watchdog said there is a lot of confusion about the terms of credit cards based on complaints it has received from cardholders in recent months.
Billionaire investor Warren Buffett buys newspapers every day, the hometown daily included, but on Wednesday he dispensed with the single-issue price and bought the whole company instead.
Molinari, who has reportedly had a longstanding feud with Republican presidential hopeful New Gingrich, says he might do something when Gingrich holds a town hall meeting in Staten Island this weekend.
A new cross-border tunnel used to smuggle drugs from Mexico was found in San Diego, U.S., which is the second such tunnel found within two weeks, authorities said on Tuesday.
U.S. mortgage applications decreased on a seasonally adjusted basis by 11.7 percent in the week ending Nov. 25, according to the Mortgage Bankers Association (MBA).
Apple will reportedly include Bluetooth Smart on its next-generation Apple TV, which means we may see Siri and instantaneous motion-control appear on the platform.
U.S. workers in the nonfarm business sector increased their productivity between July and September by the most in a year and a half, but grew at a slower rate than initially expected.
Private sector job growth accelerated in November as employers created the most jobs in nearly a year, prompting some economists to raise their forecasts for Friday's more comprehensive government labor report.
U.S. stocks rose more than 3 percent on Wednesday as major central banks acted jointly to add liquidity to the global financial system, boosting appetite for risky assets.
Two companies have come forward Wednesday saying they may purchase U.S. oil company ExxonMobil's stake in Iraq's West Qurna oil field.