UNITED STATES

Kenneth Starr, a New York investment adviser to celebrities such as movie director Martin Scorcese and actor Uma Thurman, was arrested by U.S. agents on Thursday on charges of running an alleged investment fraud of as much as $30 million, prosecutors said.

Major U.S. indexes advanced on Thursday as investors were soothed after China denied a report that it was reviewing its holdings in euro-zone sovereign bonds due to the region's debt crisis.

Stocks advanced more than 2 percent on Thursday after China denied a report that it was reviewing its holdings in euro-zone sovereign bonds due to the region's debt crisis.

Warehouse club operator Costco Wholesale Corp and close-out retailer Big Lots Inc both posted higher-than-expected quarterly profits as consumers were willing to spend on more than just essentials.

Collateralized debt obligations are as hard to love as they are to fathom. The scourge of the financial world, these complex subprime mortgage-linked securities caused hundreds of billions of dollars in losses for banks, hedge funds and insurers.

Unemployment claims fell last week, suggesting the battered labor market is recovering but only slowly, the Labor Department said on Thursday.

Stocks surged 2 percent on Thursday after China denied a report it was reviewing its holdings in euro-zone sovereign bonds due to the region's debt crisis.

(Reuters) - Sellers of ginseng, echinacea and other herbal and dietary supplements often cross the line in marketing their products, going as far as telling consumers the pills can cure cancer or replace prescription medications, a U.S. government probe found.

H.J. Heinz Co forecast a 7 percent to 10 percent increase in earnings as it continues to speed up growth in emerging markets and invest in new products and promotions.

Backtracking by international donors in funding for HIV/AIDS may undermine years of progress and is already putting lives at risk, the health aid group Medecins Sans Frontieres (MSF) said on Thursday.

The economy grew at a slower pace than previously estimated in the first quarter as business investment slackened, while hard-hit state and local governments reduced spending at the steepest rate since 1981.

The economy grew at a slower pace than previously estimated in the first quarter as businesses investment slackened, while hard-hit state and local governments curbed spending at the steepest rate since 1981, a government report showed on Thursday.

Australian Medical Association (AMA) vice president Steve Hambleton has urged caution on the risk of taking up cosmetic plastic surgery and dental holidays offered by a new launched Gold Coast Business.

Stock index futures pointed to a rise of about 2 percent at the open on Thursday after China denied a report it was reviewing its holdings in euro-zone sovereign bonds due to the region's debt crisis.

The euro rebounded on Thursday after China reaffirmed its long-term strategy of diversifying currency holdings away from the dollar and denied it was reviewing its holdings of euro sovereign bonds.

Long before Jake Gyllenhaal mastered parkour and sword fighting to bring Prince Dastan to life in new movie Prince of Persia: The Sands of Time, video gamers held sway over the acrobatic hero.

Correcting number for new jobless claims in second paragraph

The euro rebounded on Thursday after China reaffirmed its long-term strategy of diversifying currency holdings away from the dollar and denied it was reviewing its holdings of euro sovereign bonds.

The economy grew at a slower pace than previously estimated in the first quarter as businesses investment slackened, while hard-hit state and local governments curbed spending at the steepest rate since 1981, a government report showed on Thursday.

Collateralized debt obligations are as hard to love as they are to fathom. The scourge of the financial world, these complex subprime mortgage-linked securities caused hundreds of billions of dollars in losses for banks, hedge funds and insurers.

Stock index futures pointed to a rise of about 2 percent at the open on Thursday after China denied a report it was reviewing its holdings in euro-zone sovereign bonds due to the region's debt crisis.