Ford Motor Co's restructuring is on track to bring a profit as soon as 2011, without the need for emergency government bridge loans, executives told stockholders on Thursday at the automaker's annual meeting.
Stocks rose on Thursday as a resurgent appetite for riskier equities fueled a rebound in the financial and technology sectors as investors were tempted back into the market after a recent pullback.
A proposed alliance between AMR Corp's American Airlines and British Airways would create a monster monopoly, British entrepreneur Richard Branson said on Thursday.
President Barack Obama warned graduating students on Wednesday not to follow in the footsteps of swindler Bernard Madoff as they enter the workforce and look for jobs.
Wal-Mart Stores Inc reported a flat quarterly profit that met Wall Street expectations on Thursday as the stronger U.S. dollar offset increased sales from shoppers seeking deals in its stores amid a global economic slowdown.
North Korea said on Thursday it would put two U.S. journalists it arrested in March on trial on June 4, ratcheting up tension with Washington after a rocket launch and a threat to conduct a nuclear test.
Japan's Konica Minolta Holdings said on Thursday it planned to expand its range of high-tech film for LCD panels in a move to broaden its customer base.
Wal-Mart Stores Inc reported a flat quarterly profit on Thursday as its low prices attracted shoppers amid a global economic slowdown, but the retailer's results suffered from the stronger U.S. dollar.
The World Trade Organization's top court issued a mixed ruling on Thursday in a case involving U.S. treatment of unfairly priced imports but urged the United States to comply with previous WTO rulings in the dispute.
Stocks rose on Thursday, lifted by a rebound in technology shares, while a surprisingly big rise in weekly jobless claims brought new worries about the economy and pushed defensive shares higher.
Lehman Brothers Holdings Inc , which sent global markets into a tailpsin after filing for bankruptcy in September 2008, is looking at spinning off its remaining assets, the Wall Street Journal said in an unsourced article.
The number of U.S. workers filing new claims for jobless benefits rose more than expected last week, government data showed on Thursday, pushed up by auto plant shutdowns related to Chrysler's bankruptcy.
The completion of an Israeli strategic missile shield underwritten by the United States has been called into question as the budget-strapped Pentagon eyes a U.S. alternative.
Chrysler LLC plans to shed 789 of its U.S. 3,200 dealerships, many located in the suburbs of major U.S. cities, it said in a bankruptcy court filing Thursday.
Thousands of civilians under rebel fire waded across a lagoon to escape Sri Lanka's war zone, where government forces have surrounded Tamil Tiger separatists for the final battle of a 25-year conflict, the military and a U.N. official said.
Corrects fifth paragraph to losses instead of lawsuits
Pakistan will defeat the Taliban militarily but could lose the public relations war if it fails to help the hundreds of thousands of people displaced by the fighting, Prime Minister Yusuf Raza Gilani said on Thursday.
Stocks rose on Thursday, underpinned by a rebound in technology shares, while renewed concerns about the economy boosted defensive stocks.
The number of confirmed cases of the new Influenza A (H1N1) flu has climbed to 6,497, including 65 deaths, the World Health Organization said on Thursday.
The U.N. High Commissioner for Human Rights on Thursday welcomed the election of the United States to the top United Nations rights forum and urged it to prosecute those accused of torture and other abuses.
The number of U.S. workers filing new claims for jobless benefits rose more than expected last week, government data showed on Thursday, pushed up by auto plant shutdowns related to Chrysler's bankruptcy.
U.S. President Barack Obama sought advice from congressional leaders on Wednesday as he pondered a broad group of candidates for a Supreme Court opening ranging from judges to a member of his Cabinet.
