Stocks fell and the euro weakened Wednesday after Standard & Poor's hit some of the world's leading banks with a credit downgrade and euro zone leaders' move to ramp up the regional bailout fund drew a tepid response.
St. Petersburg, Fl., is apparently the saddest city in America, with Detroit, Mi. not far behind, according to a study by Men's Health magazine, which used data such as unemployment and suicid rates, antidepressant usage and the number of people who actually admitted to depression.
Police in riot gear closed in on anti-Wall Street activists in Los Angeles early Wednesday, determined to enforce the mayor's order to evict protesters who have camped outside City Hall for the past eight weeks.
Throngs of anti-Wall Street protesters braced for eviction Tuesday night from their encampment outside Los Angeles City Hall, as word spread by broadcast news reports and the Internet that a police raid was imminent.
Asian shares fell and the euro trimmed gains on Wednesday as caution set in over the chance for more progress in resolving euro zone debt woes after officials agreed to strengthen a rescue fund and seek more aid from the International Monetary Fund.
An Australian court on Wednesday reversed a ban on the sale of Samsung Electronics Co Ltd's Galaxy tablet computers in the country, handing it a rare victory against rival Apple Inc in the firms' intensifying global patent war.
Samsung Electronics Co is set to resume selling its Galaxy tablet computer in Australia as early as Friday, after the South Korean technology firm won a rare legal victory in a long-running global patent war with Apple Inc.
An Australian court reversed a ban on the sale of Samsung Electronics Co Ltd's (005930.KS) Galaxy tablet computers in the country, handing it a rare victory against rival Apple Inc (AAPL.O) in the firms' intensifying global patent war.
One in every five HIV-positive Americans are unaware of their condition, the Centers for Disease Control and Prevention reports. That's 240,000, out of 1.2 million Americans, of whom just an estimated 28 percent have the infection under control.
Asian shares fell and the euro trimmed gains Wednesday as caution set in over the chance for more progress in resolving euro zone debt woes after officials agreed to strengthen a rescue fund and seek more aid from the International Monetary Fund.
Boeing
could be at a disadvantage to Airbus because the bankruptcy of AMR Corp , the parent of American Airlines, places up to $40 billion of jet orders at the mercy of a U.S. bankruptcy court, lawyers and bankruptcy experts said.
Goldman Sachs has raised $600 million from clients such as pension funds, wealthy families and large institutions for a new fund that would provide start-up money to hedge-fund managers, the Wall Street Journal said.
Europe's debt crisis threatens to undermine consumer confidence and cut off credit to businesses in the rapidly emerging markets that have been bright spots in an otherwise grim global economy, the head of the World Bank warned on Tuesday.
French bank Societe Generale SA is contemplating the sale of its U.S. asset manager TCW Group, Bloomberg reported citing people familiar with the matter.
The United States and European Union agreed Tuesday to reduce red tape related to cargo security and pledged to work toward tearing down tariffs and regulatory barriers between the world's largest trading partners.
HTC Corp <2498.TW>, the world's No. 5 smartphone maker, does not infringe patented technology owned by FlashPoint Technology in making its smartphones with digital cameras, the International Trade Commission said on Tuesday.
The French bank Societe Generale SA on Tuesday said its TCW Group unit, one of the largest U.S. asset managers, is not for sale, rejecting a published report to the contrary.
Lehman Brothers Holdings Inc said on Tuesday it has won overwhelming support for its reorganization plan, including from creditors with $400 billion of claims, an important step toward ending its record bankruptcy.
A full pension plan default by bankrupt American Airlines would be the largest in U.S. history if it occurred today with those accounts running $10 billion short of what the carrier owes its workers over many years, government pension insurers estimated on Tuesday.
While President Barack Obama's 43 percent job-approval rating on the poll results Gallup released Tuesday shows an improvement over the 40 percent score he got a few weeks earlier, his shot at winning re-election looks uncertain considering that at this point in his term, even presidential pariah Jimmy Carter did better.
Wendy's is on track to overtake Burger King as the United States' second-largest fast-food burger chain next to McDonald's, according to an analyst's report released on Tuesday.
After a year of delays, U.S. prosecutors offered their opening arguments Tuesday in Anchorage at a hearing demanding that BP's probation be revoked.