MARKETS / FINANCE

Gasoline prices dropped and employment rose, but consumers aren't cheering yet.

Coca-Cola Co (KO.N) said Thursday it is making a cash payment of $2.15 billion for a 16.7 percent stake in Monster Beverage Corp (MNST.O) as the world's largest soda maker seeks to expand into faster-growing categories such as energy drinks.

The man who could soon take over the reins of Iraq from Nouri al-Maliki has a tough agenda, many enemies and maybe some friends in Washington.

Though the euro area economy flatlined in the second quarter, forecasts point to growth in coming quarters.

Cisco Systems announced it would cut nearly 8 percent of its global workforce following a quarter of declining revenues.

Lenovo's core PC business, which still accounts for roughly 82 percent of sales, continued to tighten its grip on the market.

Christ Church filed a lawsuit against JPMorgan after the congregation claimed it lost millions.

Floyd Mayweather remains the best boxer in the world after 18 years in the sport.

Experts warn of major consequences for financial markets in the remainder of the United Kingdom if Scots vote to go it alone.

Los Angeles lawmakers were set to vote on a plan to unwind an interest-rate deal that costs them tens of millions.

Russian supermarkets won't be overflowing with European products for much longer. Yet, at multinationals like McDonald's, Big Macs will thrive.

Japan's economy shrank by 6.8 percent in the June quarter, following a drastic hike in consumption tax in April to 8 percent from 5 percent.

Data show that more money left Russian stocks and bonds in mid-July than at any other time in the last six months.

An upstate New York man was accused on Tuesday of threatening to kill President Barack Obama and other political leaders just days after he was arraigned on charges that he had made previous online death threats against them, authorities said.

The number of Americans quitting their jobs to find a better one fell during the recession and has yet to recover completely — until now.

The Vatican called on Muslim religious leaders on Tuesday to condemn "unspeakable criminal acts" by Islamic State militants who have taken a series of cities in northern Iraq, forcing tens of thousands of Christians and Yazidis to flee their homes.

The United States will provide approximately $180 million on Tuesday to help feed the people of South Sudan, the White House said, citing a risk of famine there.

The outcome of this review could affect any penalties regulators impose on the bank for anti-money laundering lapses.

Millions of gallons of gray sludge containing metals and minerals spilled into waterways last week from Imperial Metals Corp's Mount Polley gold and copper mine in British Columbia.

The price of crude oil is still trading under $100 per barrel despite the US bombing of Iraq.

Jobs growth in the U.S. since the 2008 recession has been undermined by lower wages, with workers earning an average 23 percent less than earnings from jobs which were lost, a report by an organization representing U.S. cities said on Monday.

Air Vistara, based in New Delgi, airline aims to capture the business traveler market in India.

Colorado had its best month for recreational marijuana sales in June.

President Vladimir Putin said on Monday that Russia is sending an aid convoy to eastern Ukraine despite urgent Western warnings against using humanitarian help as a pretext for an invasion.

Data show $1 million in campaign donations cuts in half the likelihood of a private equity firm being prosecuted.

Kinder Morgan's overall valuation reportedly suffered because it traded as four entities and the market struggled to understand it.

U.S. President Barack Obama said he was willing to consider broader use of military strikes in Iraq to beat back Islamist militants, but Iraqi political leaders must first figure out a way to work with each other, the New York Times reported.

An Emirates spokesman said the airline will continue to operate daily, non-stop flights between Dubai and Basra, along with its four-times weekly service to Baghdad.

Brian Jorgenson, in his capacity as a Microsoft corporate-finance manager, provided confidential information to a day trader.