In the face of unceasing protests in Yemen over the past six weeks, it looks like the country’s besieged President Ali Abdullah Saleh is about to step down.
As the world joins in the fight against climate change today, during the Earth Hour 2011, US-based Australian model and global ambassador of 2011 Earth Hour Miranda Kerr reaches out to her Myspace audiences through a unique program called Hijack.
Lengthening the extended period of low U.S. interest rates could encourage a liquidity trap, a top Federal Reserve official said on Saturday.
A U.S. trade panel has agreed to review Eastman Kodak Co's claim that Research in Motion Ltd and Apple Inc are infringing on its patents in a case that could mean hundreds of millions of dollars in royalties.
A U.S. trade panel has agreed to review Eastman Kodak Co's claim that Research in Motion Ltd and Apple Inc are infringing on its patents in a case that could mean hundreds of millions of dollars in royalties.
U.S. authorities closed the Bank of Commerce of Wood Dale, a small Illinois bank on Friday, bringing the total number of foreclosures in 2011 to 26.
China said on Friday it complied with most measures at issue in an international trade ruling made against its restrictions on copyright-intensive goods such as films, books and music.
Movie rental company Netflix Inc is close to an agreement with Miramax to stream the studio's library in a deal that would be worth well north of $100 million over five years, according to a source familiar with the deal.
China said on Friday it complied with most measures at issue in an international trade ruling made against its restrictions on copyright-intensive goods such as books and music.
A U.S. judge upheld on Friday a fine against Wal-Mart Stores Inc issued by U.S. workplace safety regulators after a fatal stampede of frenzied holiday shoppers in 2008 at a Long Island store.
Goldman Sachs and others said they did not urge the Tokyo Stock Exchange to halt trading because of Japan's earthquake and subsequent nuclear crisis, despite a comment from the bourse's chief that some foreign banks had pressed for a halt.
Apple Inc won a round in its patent fight with Nokia on Friday as a U.S. trade panel ruled that the U.S. company did not violate any of five Nokia patents.
The U.S. Interior Department said on Friday it approved a permit for Statoil to drill for oil in the deep waters of the Gulf of Mexico.
Madonna's failed bid to open a school for poor girls in Malawi shows that running a successful charity requires not just good will but also a solid business plan, philanthropy experts say.
Risk assets have performed surprisingly well this week despite the lack of good news and ongoing concerns globally.
Talks on how to approach U.S. corporate tax reform are stirring to life again as Republican House majority leader Eric Cantor backed of push to give multinational companies a break on money imported to the U.S. from their subsidiaries owned in other countries.
Oil prices dipped slightly in choppy, thin trade on Friday as traders weighed concerns about Middle East unrest and Libya's conflict as well as demand for oil in quake-hit Japan and debt-laden Europe.
NEW YORK, March 25 - The U.S. economy is on a firmer footing, and the U.S. central bank will have to reverse its easy money policy in the not-too-distant future to avoid sowing the seeds of inflation, a top Federal Reserve official said on Friday.
Philadelphia Federal Reserve President Charles Plosser gave a speech titled “Exit” on Friday – referring to the Federal Reserve’s eventual need to exit from the extraordinary level of liquidity it has provided to financial market in the aftermath of the global financial crisis.
US stocks are up on Friday, en route to end positive for the third consecutive session, as investors shrug off global concerns.
The U.S. economy grew more quickly than previously thought in the fourth quarter, the government said on Friday, but signs of softer consumer and business spending may slow its momentum in early 2011.
The U.S. economic recovery is on solid ground, making it unlikely the Federal Reserve will extend its bond-buying stimulus program, Atlanta Federal Reserve Bank President Dennis Lockhart said on Friday.
