NEW YORK

Mexico’s economy expanded by 5.3 percent on an annualized basis, significantly below the 7.6 percent growth recorded in the second quarter, the country’s INEGI statistical office INEGI showed on M

Thomson Reuters, the world's leading financial news and business information provider, is acquiring Pangea3, one of the largest legal outsourcing firms in India, for an undisclosed amount.

Alan Newton, a 49-year-old black man from the South Bronx, who spent over two decades in prison for a sexual assault he did not commit, has been awarded nearly $18.6 million in damages by a jury in New York City.

The bankruptcy trustee for Scott Rothstein's defunct law firm has reached a tentative settlement with American Express, the card that was used to fuel Rothstein's and his wife's luxurious lifestyle, that will help the victims of the high-profile lawyer's $1.2 billion Ponzi scheme recoup some of their losses.

New York City could axe as many as 6,000 teachers working in its public schools and slash its budget by $350 million as part of belt tightening, an employment consultancy said in a release on Monday. Education experts have warned that teacher layoffs in New York City, which has not laid off teachers since 1976, will impact schools adversely by causing increase in the class sizes.

Ryan Reynolds and Scarlett Johansson, Hollywood's hot couple, may reportedly be splitting up.

For a media baron like News Corp chief Rupert Murdoch, it makes sense to embrace the new iPad technology offered by Apple to churn out news for a price of about 99 cents a week.

The nation that once gloated over its ability to feed the entire world is seeing an explosion of poverty: The number of people surviving on food stamps is rising as biting unemployment refuses to abate, personal incomes have been falling while the debt bubble is inflating with each passing day and, in a more startling representation of the grim reality, tent cities are mushrooming as more and more people are pushed out of their ‘underwater’ homes.

Federal prosecutors in New York, the FBI, and the SEC are capping a three-year colossal insider trader investigation involving expert networks.

Amid fresh reports of nuclear activity in North Korea, Stephen Bosworth, the U.S. special representative for North Korea policy, will meet South Korean authorities on Monday. Both sides are to discuss on resuming the six-party talks aimed at denuclearizing the North.

Majority of Afghan population from the conflict-mired Helmand and Kandahar province never knew of the 9/11 attacks in New York, a new study suggested on Saturday.

DLA Piper, one of the largest global law firms in terms of lawyers, is laying off an unspecified number of support staffers in the U.S. to right size its operations.

Precious metals slid from their day's highs on Friday in New York as fears that China will soon raise rates eroded the investment appeal commodities gained on good news from Europe.

On the sidelines of the G-20 Summit in Seoul, city mayor Oh Se-hoon, in an interview with IB Times speaks about his agenda for the city’s future, the recognition received by the Seoul Metropolitan Government for carrying out public participation in governance successfully and more.

Jim Cramer said investors should purchase newly-privatized General Motors (NYSE:GM) shares because it's a good idea to buy from the federal government whenever it has a privatization up its sleeve.

Lawmakers critical of President Barack Obama's efforts to try some accused terrorists in civilian courts continued in their opposition after a jury in New York convicted Ahmed Khalfan Ghailani of just one of 285 counts related to the 1998 twin U.S. embassy suicide bombings in Africa.

The U.S. government may take a loss on its $49.9 billion investment in the company if the share price remains at its $33.

GM will begin trading on the New York Stock Exchange beginning today after a landmark intial public offering, from which GM is expected to raise as high as $23.1 billion.

Cardinal Health Inc. announced its acquisition of privately-held drug distributor Kinray Inc. for $1.3 billion in cash to expand its presence in community pharmacy.

Sarah Palin, who announced her intent to run for the Presidential bid on Wednesday, seems to be reaching out to the American public in a rather tidy way. Her latest stint on reality TV, coupled with an unfaltering media management, could come along in her pursuit to the White House.

Indiana has over 30 coal-burning power plants. The smoke rises and disperses in the air, but its chemical contents do not vanish. They linger in the atmosphere and they return to the earth, and to the waterways of Indiana, with the rain.