Greece's shock referendum spells at least 10 more weeks of deep freeze for global investment and that hiatus may be enough to tip the world economy back into recession this winter.
Groupon Inc's IPO may be the biggest test yet for the nascent private stock exchanges that allow investors to trade the shares of hot start-ups like Facebook Inc before they go public.
During a speaking engagement at the University of Michigan on Monday, House Majority Leader Eric Cantor implied he and the GOP does not support cutting or eliminating funding for Pell Grants, although his record says something different.
Gold traded lower on Tuesday, under pressure from a stronger dollar, but a surprisingly weak read of U.S. factory activity enabled the euro to claw back some gains, thereby helping the bullion price pare earlier losses.
Microsoft Corp said hackers exploited a previously unknown bug in its Windows operating system to infect computers with the Duqu virus, which some security experts say could be the next big cyber threat.
Stocks tumbled on Tuesday after investors were blindsided by a surprise call for a Greek referendum on an EU bailout plan, casting doubt on the sustainability of the recent market rally.
The Greek government believes it will win a confidence vote on Friday and will hold a referendum on an EU aid deal as planned, a spokesman said after several ruling party members asked for snap elections instead.
Call it putting a gloss on some bad news, but Credit Suisse chief Brady Dougan reckons the bank is ahead of the pack with Tuesday's announcement of an overhaul of its investment banking operations.
Germans expressed fury and frustration on Tuesday at the Greek prime minister's shock decision to call a referendum on a new financial rescue package, political leaders saying it could plunge Greece into bankruptcy and force it out of the euro zone.
Stocks tumbled 2 percent on Tuesday after a surprise proposal that Greeks should vote on a EU bailout plan threatened to upend weeks of painstaking negotiations and unleash the region's sovereign debt crisis with renewed force.
Global factory activity slowed in October on weak demand for exports, with a sharp contraction in Britain's manufacturing sector suggesting that Europe was on the brink of a new recession.
Congolese state mining firm Gecamines has refused a request from the mines ministry to publish all revised contracts, saying it cannot do so without the permission of firms involved, according to a letter from Gecamines published on the ministry website.
Gold prices fell sharply Tuesday but regained much of the lost ground to close down 0.8 percent on reports that retail investors are increasing their exposure to gold-back exchange-traded products.
Bank of America Corp scrapped plans to charge a $5 per-month debit fee, handing a victory to consumers and protesters angry with big banks.
Is now a good time to consider the shares of giant drug store chain Walgreen (WAG)?
Yahoo Inc will pay $270 million for interclick inc as it tries to revive its ailing online advertising business, even as the search and advertising giant continues to scout for potential bidders.
The pace of growth in U.S. manufacturing slowed last month, though improvement in October new orders suggested stable but slow growth for the U.S. economy.
Stocks tumbled more than 2 percent on Tuesday after a proposed Greek referendum threatened to upend a European bailout plan to contain the sovereign debt crisis.
The pace of growth in the U.S. manufacturing sector unexpectedly slowed in October, though it managed to stay in expansion territory, according to an industry report released on Tuesday.
The NCAA has already seen multiple coaches fired mid-way through the season, but there are still plenty of coaches on the hot seat. IBTimes takes a look at the coaches on the verge of losing their jobs, including Ole Miss' Houston Nutt, UCLA's Rick Neuheisel, and NC State's Tom O'Brien.
Yahoo Inc will pay $270 million for interclick inc as it tries to revive its ailing online advertising business, even as the search and advertising giant continues to scout for potential bidders.
Drug wholesaler AmerisourceBergen Corp
reported higher-than-expected fiscal fourth-quarter earnings on Tuesday, driven by strong sales in its generic and specialty drug businesses.MetroPCS
saw a sharp increase in customer defections in the third quarter as heavy use of bandwith-hungry smartphones hurt its network performance, sending its shares down almost 9 percent in morning trade.The Greek government faced possible collapse on Tuesday as ruling party lawmakers demanded Prime Minister George Papandreou resign for throwing the nation's euro membership into jeopardy with a shock call for a referendum.
MF Global Holdings Ltd, the futures broker that filed for bankruptcy protection on Monday, failed to keep its customers' accounts separate from the firm's funds, its main exchange regulator said on Tuesday.
President Ollanta Humala, who took office in July, is trying to ramp up social spending to fight poverty without scaring away investors in Peru, one of the world's fastest-growing economies.
To say that the bankruptcy filing of MF Global and a Greek referendum on its bailout package have unnerved institutional investors would be an understatement. Where's the Dow headed in the next 3-6 months?
Stocks tumbled about 2 percent on Tuesday after the deal to rescue Greece and prevent a wider sovereign debt crisis was thrown into disarray.
Prime Minister George Papandreou's call for a referendum on the latest Greek bailout plan has blown a potentially fatal hole in the euro zone's strategy to overcome its sovereign debt crisis.
French President Nicolas Sarkozy will discuss Greece's decision to hold a referendum on its bailout deal with German Chancellor Angela Merkel on Tuesday afternoon and then hold an urgent ministerial meeting, Sarkozy's office said.
