ECB'S Draghi: Euro zone recovering very slowly: report
The euro zone is recovering very slowly and although financial markets are more stable than a few months ago it is hard to say whether the bloc's debt crisis is over, ECB President Mario Draghi said on Thursday.
Wall Street rises after jobless claims, HP weighs
Stocks rose on Thursday after a labor market report indicated the economy was slowly recovering, but the data was not enough to push the S&P convincingly above a 10-month high.
European bank bonus cuts mask basic pay hikes
European banks could face more pressure from regulators and politicians worried that big cuts in bonuses have barely dented a high-pay culture sustained by massive hikes in base salaries.
Prosecutor, Goldman overreached: programmer's lawyer
Kevin Marino may be the lawyer of the moment, after persuading a U.S. appellate court panel last week to overturn the criminal conviction of a former Goldman Sachs Group computer programmer.
Google to Join Other Web Companies in Allowing Do-Not-Track Button
Google Inc. announced Thursday that it will join other Internet companies such as Yahoo, Microsoft and AOL to allow a do not track button to be available for customers on a Web browser, limiting what personal information can be collected and used.
Instant view: Jobless claims hold steady at 4-year low
New U.S. claims for unemployment benefits were unchanged last week, holding at the lowest level since the early days of the 2007-2009 recession and giving a fresh sign the battered labor market is healing.
Court says Apple can still sell iPads in Shanghai
A Shanghai court has rejected a request in a trademark case to stop Apple selling its iPad tablet computers in the city, averting an embarrassing suspension of iPad sales in its own flagship stores.
Jobless data unable to push S&P past resistance
Stocks were little changed on Thursday as a labor market report indicating the economy was slowly recovering was not enough to push equities past a stiff technical level after a strong start to the year.
White House unveils plan to protect online privacy
The White House on Thursday proposed a bill of rights that would give consumers greater online privacy protection and could eventually give the government greater powers to police Internet firms such as Google Inc and Facebook.
Germany's Schaeuble back against euro zone firewall
German Finance Minister Wolfgang Schaeuble is in for a torrid weekend in Mexico City.
Greek parliament approves debt swap for rescue
Greece's parliament endorsed a debt swap with private bondholders on Thursday that forms the core of its 130-billion-euro bailout, despite new protests against tough budget cuts demanded in return for the rescue deal.
Liberty Global mulls bid for Ziggo: paper
U.S. cable group Liberty Global is considering a bid for Dutch cable firm Ziggo, estimated to be worth 8 billion euros ($10.6 billion) and which is planning a stock listing, Dutch daily De Telegraaf reported on Thursday without citing sources.
Greece readies launch of debt swap for rescue
Greece's parliament was expected to endorse a debt swap with private bondholders on Thursday that forms the core of its 130-billion-euro bailout, despite new protests against tough budget cuts demanded in return for the rescue deal.
Sears plans rights offering; shares jump 10 percent
Sears Holdings Corp announced steps to reassure investors about its ability to pay down debt, sending its shares up 10 percent in premarket trade.
Fed's Fisher says economy brighter, no need for QE3
Dallas Federal Reserve Bank President Richard Fisher said on Thursday U.S. economic conditions were improving and repeated his view that further easing from the U.S. central bank was not needed.
Wall Street to open slightly up as resistance eyed
Stock index futures pointed to a slightly higher open on Thursday after labor market data indicated the economy continued to slowly recover.
Target profit beats, Kohl's forecast disappoints
Target Corp posted a higher-than-expected quarterly profit despite a holiday season marked by heavy discounting, while Kohl's Corp , hit by shoppers' resistance to higher prices, issued a 2012 profit that missed Wall Street forecasts.
Fed's Fisher Says Economy Brighter, 2014 Not a Vow
Dallas Federal Reserve Bank President Richard Fisher said on Thursday U.S. economic conditions were improving, and he cautioned against viewing the central bank's 2014 projection for raising interest rates as an iron-clad promise.
EU executive to push for bigger rescue fund, win IMF support
The European Commission wants euro zone leaders to agree to a bigger rescue fund to nudge the IMF into backing debt-stricken European economies, despite German resistance to boosting it, the EU's top economic official said on Thursday.
Stock futures little changed ahead of jobless claims data
Stock index futures were little changed on Thursday ahead of a report on the U.S. labor market as initial enthusiasm over solid German data waned.
Target adjusted profit rises for holiday quarter
Target Corp posted a higher adjusted quarterly profit as the retailer's sales rose during the holiday season.
Stcok futures little changed ahead of jobless claims data
Stock index futures were little changed on Thursday ahead of a report on the U.S. labor market as initial enthusiasm over solid German data waned.
Chinese court says Apple can sell iPads in Shanghai: source
A Shanghai court has rejected a request by a Chinese technology firm that the sale of Apple Inc's iPads be halted across the affluent Chinese city, a source with direct knowledge of the ruling said on Thursday.
Philips says police investigating its cyber attack
Philips Electronics said on Thursday it is cooperating with the police in connection with an investigation into a possible criminal cyber security breach discovered at Philips earlier this month.
Stock index futures signal gains; HP eyed
U.S. stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500 up 0.24 percent, Dow Jones futures up 0.34 percent and Nasdaq 100 futures up 0.52 percent at 1000 GMT.
Analysis: Corporate debt to get boost from ECB's new cheap loans
The second dose of cheap cash from the European Central Bank at the end of this month should spread more broadly across financial markets than the first, sweeping money into non-bank corporate bonds.
HP shares fall on sharp profit decline
Shares of Hewlett-Packard Co were down 2 percent in premarket trading on Thursday after the world's No. 1 computer maker posted a sharp decline in quarterly earnings and warned it would take several years to turn around its sprawling businesses.
Euro zone economy to shrink in 2012, EU stagnates
The euro zone's economy is heading into its second recession in just three years, while the wider EU will stagnate, the EU's executive said on Thursday, warning that the area has yet to break its vicious cycle of debt.
Greek parliament to probe deficit data allegation
Greece's parliament voted on Thursday for an inquiry into claims the previous Socialist government inflated 2009 public deficit figures, a step that could put the reliability of the country's data back in the spotlight just days after it won a new bailout.
Greece readies debt swap under bailout deal
Greece's parliament was expected to endorse a debt swap with private bondholders on Thursday that forms the core of its 130-billion-euro bailout, despite new protests against tough budget cuts demanded in return for the rescue deal.