Troops loyal to Muammar Gaddafi have launched counter-offensives against rebel-held towns, increasing fears that Libya is heading for a civil war rather than the swift revolutions seen in Tunisia and Egypt.
Crude oil prices jumped to a 2-1/2-year peak on Monday as worries about supply disruption increased due to widening clashes in Libya, while world stocks fell on concern sustained high oil prices could hurt growth.
Vertex Pharmaceuticals Inc. (NASDAQ: VRTX) reported positive interim results on March 2 from a Phase 2 two-part study of 'telaprevir' combination therapy for treatment of hepatitis C virus and human immunodeficiency virus, also known as HCV-HIV co-infection. The shares of the drugmaker touched a new 52-week high of $51.10 on Friday.
The surveillance tape showing troubled actress Lindsay Lohan shopping at a boutique, where she allegedly stole a $2,500 necklace, could soon hit Internet. Kamofie & Co. a boutique jewelry store in Venice, California, has sold the surveillance tape to a company that licensed it to a popular entertainment news show to an undisclosed sum.
Most economists believe the Federal Reserve's bond-purchase program is helping to support U.S. growth, though many remain skeptical, a survey released on Monday found.
Comcast Corp, the cable and entertainment company, is making a major push into Spanish-language TV with plans to roll out a website featuring hundreds of shows and movies for Hispanic audiences.
Food, not oil, may prove to be the bigger threat to global growth, with the pain falling disproportionately upon the developing economies that powered the latest economic recovery.
The Department of State has issued a travel advisory for Yemen, warning U.S. citizens of the high security threat level in the Middle Eastern country due to terrorist activities and the ongoing civil unrest.
The United States will put improved relations with Beijing at risk if it does not stop selling arms to Taiwan, China's Foreign Minister said on Monday.
Japan is expected to make progress in beating deflation but risks to its economy remain, a senior Bank of Japan official said, stressing that the central bank is sticking to its ultra-easy policy bias.
China's largest animal feed producer, New Hope Group, called on the government to stop its anti-dumping investigation against exports of U.S. DDGS, a by-product of corn-based ethanol used to substitute corn by feed mills.
A prototype miniature space shuttle blasted off aboard an unmanned Atlas 5 rocket from Cape Canaveral Air Force Station on Saturday for a demonstration run that could last as long as nine months.
Gold should push higher from its near-record levels due to its appeal as a safe haven, while iron ore should regain its upward momentum on the back of red-hot industrial demand from Asia, forecasters told the world's larger mining conference on Sunday.
U.S. stocks ended lower on Friday as a spike in oil prices (driven by deepening unrest in Libya) overshadowed a strong February jobs report.
Euan Rocha and Julie GordonMetals consultant GFMS sees considerable upside in global precious metals prices as an investor safe haven, its Chairman Philip Klapwijk told the world's largest mining conference on Sunday.
In the United States, both baseball and football fans are passionate about their favorite sport and claim that their sport is the number one in America.
The U.S. Air Force's second mysterious robotic mini space vehicle, X-37B Orbital Test Vehicle, blasted off from Cape Canaveral, carrying classified payload. Soon after the launch a media blackout shrouded the mission, fuelling speculation about its possible military purposes.
The leader of Oman has fired three of his top ministers as anti-government protests intensify in the kingdom.
Gold rose above $1,430 an ounce on Friday, while silver surged 3 percent to 31-year highs, as soaring oil prices fueled by widening clashes in Libya prompted investors to pile into safe havens.
The Securities and Exchange Commission is investigating Kraft Foods Inc for possible corruption at an Indian facility of its Cadbury unit, the company said in a regulatory filing.
China is on course for another five years of robust growth, but inflation threatens social stability and must be tamed, Premier Wen Jiabao said on Saturday.
.Japanese car maker Mazda is recalling more than 50, 00 Mazda 6 cars in US after finding out spider web in the vents and another 15,000 vehicle in Canada, Mexico and Puerto Rico.
