Starbucks Corp raised its fiscal year forecast above Wall Street's estimates, banking on its relatively well-heeled customers visiting more often and shaking off price increases.
With RIM firmly dethroned, the battle of supremacy in the U.S. smartphone market comes down to Google's Android OS and Apple's iOS.
MetLife Inc , the largest U.S. life insurer, posted a smaller profit on Thursday as natural disasters at home and abroad and a sharp increase in expenses ate into earnings.
The makers of Tylenol have announced plans to lower the maximum daily dosage, from 8 pills to 6, in hopes to reduce the risk of Acetaminophen overdose.
George W. Bush, the 41st President of the United States, in a new interview has revealed how he was told about the September 11, 2001 attacks on the World Trade Center in New York.
Community Health Systems Inc (CYH.N), the second-largest U.S. hospital operator, beat analysts' second-quarter earnings expectations on higher operating revenue, sending its shares up more than 6 percent in after-hours trading.
A Republican deficit reduction plan headed for two major votes in Congress on Thursday and its expected demise could force a compromise to avert an imminent and unprecedented debt default.
Cutting the U.S. deficit by some $4 trillion over 10 years would be a good start, but more savings would be needed over time to bring the country's finances under control, ratings agency Standard & Poor's said on Thursday.
Starbucks Corp raised its fiscal year forecast above analysts' estimates after its relatively well-heeled customers visited more often and shook off price increases in the latest quarter.
Big gains in Latin America covered up U.S. declines at Colgate-Palmolive Co (CL.N) and Avon Products Inc (AVP.N), with the world's largest direct seller of cosmetics seen as having a harder road to recovery.
Scores of issuers in the U.S. municipal bond market, including cities, counties and school districts, were put on notice on Thursday by Moody's Investors Service that their top ratings could be cut if the United States' Aaa rating falls.
U.S. hog futures advanced on Thursday on renewed talk China may be seeking more U.S. pork, record high wholesale pork prices and higher live cash hog markets in the U.S. Midwest.
The triple-A ratings of 177 cities, counties, school districts and other entities could be cut along with the U.S. government's top rating, Moody's Investors Service said on Thursday.
Four U.S. IPOs were received with varying levels of interest on their market debut, signaling that investors were being very selective of where they want to put their money in.
Japanese gaming giant Nintendo lowered the price of its 3DS handheld game console after sluggish sales led to a greater than expected earnings loss.
McNeil Consumer Healthcare will reduce the maximum recommended dose of its painkiller Tylenol to reduce the risk of accidental overdose and liver damage caused by acetaminophen, according to a press release.
House of Representatives Speaker John Boehner, the top Republican in Congress who has put forward a deficit reduction plan to be voted on later Thursday, said he had no control over whether his bill would avert a credit downgrade.
Scientists have found a flu "super antibody" called FI6 that can fight all types of influenza A viruses that cause disease in humans and animals and say their discovery may be a turning point in the development of new flu treatments.
The U.S. Congress, known for moving painfully slowly, can kick into high gear when it is staring down a deadline important to the entire country -- or when lawmakers are approaching their cherished August recess.
A Republican deficit reduction plan headed for two major votes in the U.S. Congress on Thursday and its expected demise could force a bipartisan compromise to avert an unprecedented debt default.
To be sure, long-term, the U.S. budget deficit must be eliminated. But if policy makers cut federal spending too much, too soon during a period of weak demand, the result will be another recession.
Thomson Reuters Corp Chief Executive Tom Glocer said the company was coming to grips with the problems that led to a management shakeout last week, as he sought to allay investor concerns centered on its new flagship product for financial markets.