The Fed Reserve Bank of Chicago said on Monday its gauge of the national economy rose but still remained stuck in negative territory in November, suggesting a resumption of below-average U.S. growth.
Procter & Gamble Co said on Friday that it is recalling some Vicks DayQuil Cold & Flu medicine that did not come in a childproof package.
U.S. actress Brittany Murphy, who co-starred in such films as Clueless and Girl, Interrupted but saw her career wane in recent years, died in Los Angeles on Sunday after suffering cardiac arrest in her bathroom, officials said. She was 32.
With California teetering perpetually on the edge of financial ruin, marijuana activists have seized the moment, claiming that legalizing and taxing pot could help bail out the cash-strapped Golden State.
Titanic director James Cameron's Avatar, a 3-D extravaganza hyped as a giant leap in cinematic prowess, ruled the worldwide box office during its first weekend even as North American sales were hit by an enormous snow storm, its distributor said on Sunday.
A majority of U.S. shoppers say they are shopping the same amount or less online this holiday season, despite web promotions and a weekend storm that struck the East Coast, according to a survey released on Monday.
Pope Benedict's decision to move his controversial wartime predecessor Pius XII closer to sainthood has put a cloud over his planned visit next month to Rome's synagogue, with some fearing it risks being cancelled.
U.S. researchers have discovered antiviral proteins in cells that naturally fight off influenza infections, a finding that may lead to better ways to make vaccines and protect people against the flu.
Sanofi-Aventis is to buy U.S. consumer healthcare group Chattem Inc for around $1.9 billion, in a deal which will give the French drugmaker over-the-counter presence in the huge United States market.
John Demjanjuk sat impassively while Holocaust survivors on Monday recalled the horrors of Nazi Germany at his trial on charges of helping to force 27,900 Jews into gas chambers in 1943.
Autism, a brain disorder that interferes with communication and social skills, affected an estimated one in 110 American 8-year-olds in 2006, according to a federal study released Friday.
NextMedia Group Inc filed for bankruptcy protection under a pre-arranged plan that will hand over control of the U.S. radio station operator and outdoor advertising company to certain creditors, court papers showed.
Ultra Petroleum Corp (UPL.N) said it would pay about $400 million to an unnamed private company to buy a stake in the burgeoning U.S. Marcellus Shale region, the latest oil and natural gas explorer to expand its footprint in the area.
OncoGenex Pharmaceuticals Inc (OGXI.O) has entered into a licensing deal with Israel's Teva Pharmaceutical Industries Ltd (TEVA.O) (TEVA.TA) for its cancer therapy, and said Teva will make an equity investment in the U.S. company.
The White House pledged on Sunday to move forward on allowing imports of safe prescription drugs from nations like Canada where they are less expensive, but not in the healthcare reform legislation now before Congress.
The London Stock Exchange bought a majority stake in platform rival Turquoise, giving its owners a well-timed exit, aligning its interests with those of big clients and granting it immediate access to pan-European share trading.
Canadian fertilizer producer Agrium Inc (AGU.TO) extended its hostile bid for rival CF Industries (CF.N) on Monday and said it was sure it would have the money needed to complete the purchase.
Oil held firm above $73 a barrel on Monday after a 1 percent rise in the previous session as Iranian troops partly withdrew from a disputed oil area in Iraq, reducing tensions between two major crude exporters.
Wall Street was set to open higher on Monday on expectations that rising commodity prices and a downtick in the U.S. dollar would boost stocks in the energy and materials sectors and after brokerages upgrades on Alcoa and Intel.
Walgreen Co, the largest U.S. drugstore chain, reported a nearly 20 percent jump in quarterly profit as growth in sales of prescription drugs and flu shots offset consumer cutbacks on discretionary items.
Malaysian state oil firm Petronas and Japan Petroleum Exploration Co signed an initial agreement on Monday to develop Iraq's Gharaf oilfield, in which they are expected to invest up to $8 billion.
You can be forgiven for thinking that winter has already begun - given the snow storms that hit US cities from Washington to Boston over the weekend- but actually, winter only officially begins on Monday with the Winter Solstice. The Winter Solstice occurs at 12:47 p.m. EST (1747 GMT) on Monday, which marks the beginning of winter for the Northern Hemisphere.
