Hollywood striking writers said Friday they will not picket the Golden Globe Awards after the organizers of the event announced it will take control from TV network NBC and will instead, have the live event broadcast to all media.
With TV woes, so the Super Bowl couldn't come at a better time.
The world's largest energy consumer laid down ambitious new mandates for alternative fuels
Agricultural products were left affected on Friday after a U.S. government report showed a dip in production and failed to meet the global demand for food and biofuels.
Oil prices declined for the third consecutive day on Friday on fear and speculation that the U.S. – the top oil consumer- is heading towards an economic recession, thereby weakening demand for the commodity.
UPS Inc. announced on Friday that it will increase the general rate of about 5.4 percent on non-contractual shipments in the U.S. and Canada.
Oil prices on Friday declined amid fears that the US economy is headed for a recession that may result into decreased demand for oil despite US being the largest energy consumer.
Amid a great deal of hype and fanfare, Tata Motors, frontrunners in the acquisition race for Ford Motor's British luxury brands Jaguar and Land Rover, unveiled its People's Car rechristened Nano, that meets Euro 4 emission and safety norms in the India Auto Expo 2008, New Delhi, Thursday, Jan. 10.
In the early days of Countrywide Financial Corp, competitors underestimated Angelo Mozilo, the mortgage lender's founder.
Merrill Lynch is expected to suffer $15 billion in losses stemming from soured mortgage investments, almost twice the company's original estimate, the New York Times reported on Friday.
As the annual Consumer Electronics Show in Las Vegas winds down to lackluster reviews, Apple is expected to grab the spotlight with an ultra-slim laptop computer and online movie rentals at its biggest annual show next week.
Sending a symbolic message to Israeli and Palestinian leaders, U.S. President George W. Bush visited on Friday the site where Jesus is believed to have intoned blessed are the peacemakers.
Oil fell on Thursday amid fears that crude demand will be threatened by a possible economic recession in the U.S. and in other important global oil consumers.
Shares of Countrywide Financial shot up more than 50 percent on Thursday after a report that Bank of America may buy the troubled leading U.S. mortgage lender. The reported pending talks, come amid rumors earlier this week that Countrywide needed cash to avoid bankruptcy, speculation that the company denied.
U.S. stocks rose for a second day on Thursday after Federal Reserve Chairman Ben Bernanke pledged to further cut interest rates and on news that Bank of America is reported to buy struggling mortgage lender Countrywide Financial Corp.
Federal Reserve Chairman Ben Bernanke pledged Thursday to cut interest rates this month in a bid to prevent housing and credit problems from plunging the nation's economy into a recession. We stand ready to take substantive additional action as needed to support growth and to provide adequate insurance against downside risks, Bernanke said
Retailers reported weaker than expected December sales results on Thursday, reflecting a 2007 holiday shopping season that is turning out to be one of the weakest in years due to a weakening job market and the ongoing housing slump.
Gold gained in choppy European trade on Thursday as a weaker dollar and bargain hunting lifted the metal closer to record highs.
Citigroup, Inc. and Merrill Lynch & Co., U.S. banks which have seen heavy losses due to bad bets on the mortgage market, are in discussions to get up to $10 billion and $4 billion in capital respectively primarily from foreign governments, according to a report on Wednesday.
From tiny music players that dance as they play tunes to smarter toothbrushes and curvy computer screens, U.S. consumers can count on being wowed by another year of cool digital gadgets in the coming year.
Hillary Clinton's surprise comeback in the presidential race this week sparked national soul-searching. Did women rally out of guilt? Or did a glimpse of tears win the senator a bit of sympathy?
President George W. Bush told Palestinians on Thursday he believed they would sign a peace treaty with Israel within a year that would give them their own state.
