One of the most powerful godfathers of the Russian mafia has been seriously wounded by a sniper in central Moscow, investigators said on Wednesday.
U.S. Defense Secretary Robert Gates on Wednesday urged Iraq's ethnic Kurds and majority Arabs to resolve their entrenched dispute over oil and land before a scheduled American troop withdrawal by 2012.
Sprint Nextel Corp , the No. 3 U.S. mobile service, posted a wider quarterly loss as it continued to lose valuable postpaid monthly bill-paying customers, sending its shares down more than 6 percent.
Stocks opened lower on Wednesday as a larger-than-expected 2.5 percent drop in June new orders for long-lasting U.S. manufactured goods revived worries that the economic recovery might be weak.
Stocks opened lower on Wednesday as a larger-than-expected 2.5 percent drop in June new orders for long-lasting U.S. manufactured goods revived worries that the economic recovery might be weak.
Sprint Nextel Corp posted a wider quarterly loss on Wednesday but fewer customers defected from the No 3 U.S. mobile service, which started selling Palm Inc's popular Pre phone during the quarter.
Microsoft Yahoo shares watch, Energy markets hearings, Oil inventories
Stocks headed for a lower open on Wednesday as a larger-than-expected 2.5 percent drop in June new orders for long-lasting U.S. manufactured goods revived worries that the economic recovery might be weak.
Health insurer WellPoint Inc posted a 7.6 percent drop in net income on Wednesday, but the results topped analysts' forecasts as its programs for the elderly improved their performance.
Rich nations must agree to large, measurable cuts in their greenhouse gas emissions, if the world is to set a framework to tackle global warming at U.N.-led talks in December, a senior Chinese official said on Wednesday.
The Commodity Futures Trading Commission will hold the second of three days of hearings to Discuss Energy Position Limits and Hedge Exemptions. The U.S. Energy Department will release its weekly petroleum supply report at 10:30 a.m. EST.
Japanese car manufacturers unexpectedly posted profits on Wednesday and Mercedes-maker Daimler forecast improving performance this year but clear sings of sustained recovery for the world's battered auto sector remained elusive.
Stock index futures fell on Wednesday as a drop in commodity prices looked set to weigh on shares of natural resource companies and investors digested the impact of an overnight sell-off in Chinese stocks.
Sprint Nextel Corp posted a wider quarterly loss but fewer customers defected from the No 3 U.S. mobile service, which started selling Palm Inc's popular Pre phone in early June.
Microsoft Corp and Yahoo Inc inked a 10-year Web search deal to better compete against market leader Google Inc but stopped short of combining their display advertising businesses.
Oil fell below $66 a barrel on Wednesday after U.S. data showed an unexpected rise in crude inventories and triggered a second day of selling.
Stock index futures slipped on Wednesday as investors paused to gauge if the recent market run-up will be sustained, while a drop in commodity prices looked set to weigh on shares of natural resource companies.
U.S. stock index futures pointed to a lower open on Wall Street on Wednesday, as the market braced for more corporate earnings and after a late afternoon sell-off in Chinese stocks rattled investors.
Toshiba Corp , Japan's biggest chipmaker, expects its chip operations to turn profitable in July-September on cost cuts, but warned of a possible year-end dip.
A late sell-off on Shanghai's stock market depressed emerging market stocks on Wednesday and took Asian shares off multi-month peaks, although the mood failed to carry over into Europe.
Honda Motor Co , Japan's No.2 automaker, posted an 88 percent fall in operating profit as demand slumped, but beat expectations for a loss and lifted its forecast for the year on the back of an improved outlook for its global car sales.
Japan's Toshiba Corp reported a smaller-than-expected quarterly operating loss on Wednesday thanks to solid chip prices, and stuck to its forecast for a return to profit this year on cost cuts.
