An Iranian organization called the Mojahedin-e-Khalq, or MEK, considered a terrorist organization by the United States, is paying hundreds of thousands of dollars to former American officials and politicians. But where is the money coming from?
Stocks were on track for a third day of losses on Thursday after jobless claims data failed to meet heightened market expectations as stocks come off their best first quarter in 14 years.
Hong Kong's Independent Commission Against Corruption on Thursday arrested the chairmen of Sun Hung Kai Properties, brothers Raymond and Thomas Kwok, on suspicion of corruption, the company said.
EBay Inc on Thursday named David Marcus president of its PayPal unit, replacing Scott Thompson, who left in January to become chief executive of Yahoo Inc.
What if the Unites States (a much larger and more powerful nation than Greece) were to face a similar crisis as the Greeks?
Best Buy Co reported weaker-than-expected sales for the key holiday quarter, prompting the world's largest electronics chain to close 50 U.S. stores and cut 400 jobs in corporate and support areas.
Wall Street was set for a third day of losses Thursday as jobless claims data failed to meet heightened market expectations, leaving investors to wonder if the economy can sustain a rally.
Household income grew at a faster pace in the fourth quarter than previously thought, which should help underpin spending this quarter.
Gold prices slipped below $1,660 an ounce in Europe on Thursday, extending their retreat from two-week highs into a third session, as the dollar recovered from a near one-month low and crude oil prices turned lower.
The economy expanded as expected in the fourth quarter while personal income grew at a much faster pace than previously thought, which should help underpin spending this quarter.
Best Buy Co Inc reported weaker-than-expected sales for the fourth quarter on Thursday, and said it has decided to close 50 big-box stores and to cut 400 jobs in corporate and support areas.
New claims for unemployment benefits fell to a fresh four-year low last week, according to a government report that showed ongoing healing in the labor market.
The saga of French Muslims took an ugly turn earlier this month when Islamic militant Mohamed Merah was identified as the gunman in mass killings in Toulouse that appeared to have been driven by bias.
Stock index futures edged lower on Thursday as investors awaited weekly jobless claims data for signs the economy will continue to support equities as they come off their best first quarter in 14 years.
Stock index futures edged lower on Thursday as investors awaited weekly jobless claims data for signs the economy will continue to support equities, coming off their best first quarter in 14 years.
Japanese Prime Minister Yoshihiko Noda frequently entertains dignitaries from all over the world, but he was a touch star-struck on Thursday when he hosted a young billionaire with a whiff of celebrity: Facebook chief executive Mark Zuckerberg.
Stock index futures pointed to a slightly higher open on Wall Street on Thursday, with futures for the Dow Jones and Nasdaq 100 both up 0.2 percent and S&P 500 futures up 0.1 percent at 0830 GMT.
Half a world away from Wall Street, the board of directors of embattled Goldman Sachs Group Inc were meeting in India amid reports that senior executives have talked about splitting the roles of chief executive and chairman, both held now by Lloyd Blankfein.
China has bumped up the annual long-term foreign debt quota allocated to foreign banks to $24 billion, allowing them to bring more money into the country as growth slows in the world's No.2 economy.
China has allocated $24 billion in long-term foreign debt quotas to foreign banks for 2012 to allow the lenders to bring more money into the Chinese economy, the National Development and Reform Commission said on Thursday.
Brent crude held steady near $124 on Thursday as news of a surge in U.S. crude inventories and Western nations' talks on releasing strategic oil reserves offset supply disruption concerns over tension in the Middle East.
Goldman Sachs' leadership restructuring deal with a powerful union allows Lloyd Blankfein to keep both his titles of chairman and chief executive officer and present a strong public face at a time when such dual roles are falling out of favor.
An MF Global executive who has become a central figure in the desperate shifting of funds before the brokerage's collapse, refused to answer questions from Congress on Wednesday, frustrating lawmakers probing why an estimated $1.6 billion of customer money is missing.
Crude futures steadied on Thursday, trading little changed after a 1.8 percent drop the day before due to a big rise in U.S. crude inventories and talk of a release of U.S. and some European strategic reserves.
Hawker Beechcraft Inc, the aircraft manufacturer owned by Goldman Sachs Group Inc's private equity arm and Onex Corp , is preparing to file for bankruptcy protection in the next several weeks, according to several people familiar with the matter.
Hedge fund managers are increasingly nervous about getting a knock on the door from securities regulators now that a new rule requires them to register as investment advisers and provide lots of data about their inner workings as a result.
An MF Global executive, who has emerged as a central figure in the desperate shifting of funds before the brokerage's collapse, refused to answer questions on Wednesday, frustrating lawmakers probing why more than $1 billion in customer money is missing.
Daniel Loeb, chief executive of hedge fund Third Point, said he would continue to push to revamp Yahoo Inc's board of directors following Yahoo's decision to reject him as a board member.
Stocks declined on Wednesday as sliding oil and metals prices gave investors a reason to sell commodity-related shares.
Google proposed to pay Oracle a percentage of Android revenue if Oracle could prove patent infringement of the mobile operating technology at an upcoming trial, but Oracle rebuffed the offer as too low, according to a court filing late on Tuesday.
