Verdicts were expected on Wednesday on Google executives charged over a bullying video posted on the company's Italian website, in a case that could set a precedent for Internet content responsibility.
Celebrity real estate developer Donald Trump and investor Carl Icahn took their fight for the Atlantic City hotel-casinos bearing Trump's name to U.S. bankruptcy court on Tuesday.
South Korea's Hyundai Motor said on Wednesday it had suspended sales of its new Sonata models in the United States due to door lock problems, sending its shares more than 4 percent lower.
Intel Corp said it faced a sophisticated hacker attack in January about the same time as the recently publicized Chinese hacker attacks on Google Inc, but noted no clear link between the two events.
A senior Federal Reserve official said on Tuesday that regulatory reform proposals before Congress probably won't prevent a future crisis and could hamper the central bank's ability to deal with one.
Two regional Federal Reserve banks led by more hawkish policymakers began a push to raise the discount rate for Fed emergency bank loans in mid-January, according to minutes of a Fed board meeting released on Tuesday.
U.S. stocks suffered their biggest one-day decline in nearly three weeks on Tuesday after a sharp drop in consumer confidence heightened worries over one of the most vulnerable areas of the economy.
Xerox Corp has sued Google Inc and Yahoo Inc, accusing them of infringing the document management company's patents related to Internet search.
The Australian Dollar opens sharply lower on Wednesday just under US89 cents after weaker than expected U.S. consumer confidence data released overnight took the wind out of the sails of higher yielding currencies and riskier assets.
U.S. stocks suffered their biggest one-day decline in nearly three weeks on Tuesday after a sharp drop in consumer confidence heightened worries over one of the most vulnerable areas of the economy.
Till now the question was whether a group of currencies would replace the dollar or even gold? Now, here comes the prediction amidst global warming and cllimate change concerns that carbon credit will replace the US dollar as the currency of international trading within five years.
Google's assertion that its computers were attacked by hackers based in China was groundless, Beijing said on Tuesday, hardening its rhetoric in a spat with Washington over Internet freedom.
Greece may decide that more measures to cut the deficit are needed after discussing its fiscal situation with visiting European Union inspectors, the finance minister said on Tuesday.
U.S. Senate Banking Committee members are considering a narrow version of the so-called Volcker rule, which was proposed by the White House to curb banks' risky activities, sources familiar with the panel's thinking said on Tuesday.
A worse-than-expected drop in consumer confidence pushed U.S. stocks lower on Tuesday as investors worried over what remains one of the weakest areas of the economy.
Consumer confidence sagged to a 10-month low this month on worries about jobs and fears gridlock in Washington could hinder efforts to restart employment, curbing the economic recovery.
Former Federal Reserve Chairman Alan Greenspan said on Tuesday the U.S. economic recovery was extremely unbalanced, driven largely by high earners benefiting from recovering stock markets and large corporations.
A drop in consumer confidence to a 10-month low drove U.S. stocks down on Tuesday as investors reassessed the strength of the economic recovery.
A much larger-than-expected drop in consumer confidence drove U.S. stocks lower on Tuesday as investors reassessed the pace of the economic recovery.
The number of problem U.S. banks jumped 27 percent during the fourth quarter of 2009 to 702, the highest level since 1993 and a sign the industry's recovery is still shaky, regulators reported on Tuesday.
Airbus parent EADS faced crucial decisions on transalantic defense projects worth $60 billion on Tuesday, as its shares rose on hopes its troubled efforts to diversify from jetliners would finally be unblocked.
Consumer confidence sagged to a 10-month low on worries about jobs while the housing market remains under strain, data revealed on Tuesday, underscoring the fragility of the economy's recovery.
Wall Street paid out $20.3 billion in bonuses in 2009, up 17 percent from a year earlier, New York State's comptroller said, as the financial industry recovered fitfully from a near meltdown.
Home prices unexpectedly slipped in December but the annual rate of decline slowed, reinforcing the housing market's rocky road to recovery, Standard & Poor's/Case-Shiller indexes showed on Tuesday.
U.S. consumer confidence sagged to a 10-month low on worries about jobs while the housing market remains under strain, data revealed on Tuesday, underscoring the fragility of the economy's recovery.
Wall Street paid out $20.3 billion in bonuses in 2009, up 17 percent from a year earlier, New York State's comptroller said, as the financial industry recovered fitfully from a near meltdown.
U.S. stocks fell on Tuesday as consumer sentiment dropped sharply and house prices unexpectedly dipped, denting optimism about a economic recovery.
Consumer confidence fell in February to the lowest in 10 months, as consumers' short-term outlook for the jobs market worsened, according to a private report released on Tuesday.
U.S. stock index futures pointed to a lower open on Tuesday after U.S. home prices fell unexpectedly, adding to concerns about the strength of the economic recovery.
Wall Street paid out $20.3 billion of bonuses in 2009, up 17 percent from a year earlier, New York State's comptroller said, as the financial industry recovered fitfully from a near meltdown.
