The determined efforts of Palestinian President Mahmoud Abbas to push for United Nations membership met with the stiffest resistance Wednesday when U.S. President Barack Obama made it clear he will veto any resolution recommending UN membership to Palestine.
Stock index futures pointed to a lower open on Wall Street, with futures for the S&P 500, Dow Jones futures and Nasdaq 100 futures down between 1.4 to 1.8 percent at 0923 GMT (5:23 a.m. ET).
A grim outlook for the U.S. economy from the Federal Reserve and signs of a slowing China and Germany drove world stocks sharply lower on Thursday and pushed investors into safer currencies and government bonds.
Europe's debt crisis is the biggest threat to the global economy, the Treasury said on Wednesday, and it called on European policymakers to provide unequivocal support to banks and governments under stress.
Defending his company’s business practices on Capitol Hill for the first time after the mounting inspection of its operations, Google Inc. Chairman, Eric Schmidt, directly declined that his company was manipulating its search engine results to steer users to its own online services.
Google’s Street View that lets explore places around the world through 360-degree street-level imagery virtually will soon provide street by street images of Jerusalem, Israel.
Apple's iPhone 5, the most anticipated smartphone of the year, is expected to arrive sometime in October, while Samsung Galaxy S2 has hit the United States last week, after becoming the best selling Samsung phone ever.
Global Economic Crisis: Are we Better or Worse off than 2008? The Greek economic crisis is at the heart of the problems of the world economic crisis and for as long as France and Germany continue to ignore the realities that Greece must be allowed default on its debts, the European and world economies will suffer the consequences.
It seems that love is in the air for Scarlett Johansson.
The Federal Reserve's 'Operation Twist' to bring down bond yields and stimulate the economy is likely to cause pain for the nation's largest pension funds, already struggling with funding shortfalls from the recent stock market decline.
Stock index futures pointed to a lower open on Wall Street, with futures for the S&P 500, Dow Jones futures and Nasdaq 100 futures down between 1.4 to 1.8 percent at 0923 GMT.
North Korea wants a second round of dialogue with the United States, possibly next month, as part of renewed efforts to restart talks on disabling the its nuclear weapons program, a South Korean official said Thursday.
Nokia said on Thursday it had promoted Henry Tirri to chief technology officer after his predecessor Richard Green left the mobile phone company.
The House of Representatives unexpectedly defeated a bill to fund the federal government past Sept. 30 Wednesday evening as dozens of Republicans broke with their party to push for deeper spending cuts.
UBS CEO Oswald Gruebel will ask the board of the Swiss financial giant to back his leadership and keep its investment bank after a $2.3 billion loss blamed on a rogue trader piled pressure on him to scale back or even split off the division.
World stocks hit a fresh one-year low on Thursday and investors poured money into safer currencies and government bonds after the Federal Reserve gave a grim outlook for the U.S. economy and China's manufacturing slowed.
World stocks hit a fresh one-year low on Thursday and investors poured money into safer currencies and government bonds after the Federal Reserve gave a grim outlook for the U.S. economy and China's manufacturing slowed.
Shares of Softbank Corp <9984.T>, Japan's third-largest mobile carrier, tumbled more than 10 percent on Thursday after a report said the company was set to lose its position as the sole vendor of Apple's
iPhone in Japan.
FedEx Corp is seen reporting higher quarterly results than a year ago on Thursday, but analysts are more keen to see if the No. 2 package delivery company cuts its full-year guidance because stalled global economic growth has stifled volume.
The six-ton defunct Upper Atmosphere Research Satellite will plunge to Earth sometime on Friday afternoon EDT, and the U.S. wil be spared any debris, NASA said in its latest update.
Rescue workers with sensors and sniffer dogs searched through rubble on Wednesday for more survivors of an earthquake that has killed at least 100 people in a remote Himalayan region and left many, including 400 foreigners, stranded in far-flung areas.
Outsourcing leader Tata Consultancy Services (TCS) sees opportunity as corporate customers embrace new technology, although a poor economy means that overall spending in the United States and Europe will stay weak.