Tim Hortons Q3 profit rises on strong sales
Tim Hortons Inc (THI.TO: Quote), Canada's No. 1 restaurant chain, reported a 40 percent jump in third-quarter profit thanks to strong sales, but said operating conditions were still tough in North America.
Madonna very upset at new song leak: manager
Madonna's manager Guy Oseary has said the singer was very upset that a demo of her new song Give Me All Your Love had leaked onto the Internet.
Walmart.com test stores hint at Web shopping fight
Two tiny Walmart.com stores are making Southern California malls their home for the holidays, launching the latest salvo in the war for online retail dominance.
Euro stabilizes, world stocks above 3-week low
The euro rose from a one-month low versus the dollar on Thursday and top-rated government debt fell while world stocks held above a three-week trough on hopes that new governments being formed in Italy and Greece could help fend off a euro zone break up.
Kohl's margins steady, expects holiday gains
Department store chain Kohl's Corp raised its full-year profit forecast on Thursday and said it expects to continue its streak of sales gains during the holiday quarter, helped by its exclusive lines like clothes by entertainers Jennifer Lopez and Marc Anthony.
Mario Monti emerges as favorite to lead Italy
Former European Commissioner Mario Monti emerged on Thursday as favorite to replace Silvio Berlusconi and form a new government to stave off a run on Italian bonds that is endangering the entire euro zone.
Euro zone split fears as EU dithers on Italy
Political and economic crisis in Italy spurred fears of a split in the euro zone with borrowing costs for Europe's third biggest economy at unsustainable levels and the bloc unable to afford a bailout.
RIM investigates reports of BlackBerry delays
BlackBerry maker Research In Motion was investigating reports some users experienced delays, but said on Wednesday it was not fighting an outage similar to the one that took down its service for four days last month.
Paterno, president out in Penn State abuse scandal
Famed U.S. college football coach Joe Paterno and the president of Penn State University were fired on Wednesday in fallout from a child-abuse scandal and cover-up involving a former assistant coach and school officials.
James Murdoch Turns on Other Execs in Hacking Probe
James Murdoch blamed other senior News Corp executives on Thursday for not telling him more about potential evidence of widespread phone-hacking at the now-defunct News of the World tabloid that he oversaw.
Futures rise as Italian bond yields ease
Stock index futures rose on Thursday, indicating the S&P 500 may bounce back from its worst day since mid-August as Italian bond yields eased.
China October imports surge as exports wilt
China's imports surged in October as exports grew at their slowest rate in months, suggesting efforts to tilt the economy toward domestic demand may be offsetting the external weakness that has dragged on economic growth this year.
UBS to shut U.S. asset-backed securities unit: report
UBS is shutting its asset-backed securities business in the United States, Swiss newspaper HandelsZeitung reported on Thursday without citing sources.
UBS to shut U.S. asset-backed securities unit-paper
UBS is shutting its asset-backed securities business in the United States, Swiss newspaper HandelsZeitung reported on Thursday without citing sources.
Herman Cain Press Conference: Did It Help or Hurt?
The sexual harassment scandal surrounding Herman Cain has become a messy he said, she said affair, with accusers going public and Cain fiercely denying their allegations. What's next for the Georgia businessman who shot from obscurity to the top of the polls last month?
IMF Chief Calls for 'Political Clarity' in Italy
The head of the International Monetary Fund called on Thursday for political clarity in efforts to tackle the debt crisis that has gripped Italy, saying uncertainty around who would succeed Prime Minister Silvio Berlusconi was fuelling market volatility.
Lagarde: Political clarity needed in Italian crisis
The head of the International Monetary Fund called on Thursday for political clarity in efforts to tackle the debt crisis that has gripped Italy, saying uncertainty around who would succeed Prime Minister Silvio Berlusconi was fuelling market volatility.
U.S. Stock Index Futures Signal Bounce After Selloff
Stock index futures pointed to a rebound on Wall Street on Thursday, with futures for the S&P 500 up 1.1 percent, Dow Jones futures up 0.9 percent and Nasdaq 100 futures up 1 percent at 4:47 a.m. ET.
Eurozone Crackup Feared as Italy Teeters
Political and economic crisis in Italy spurred fears of a split in the Eurozone with borrowing costs for Europe's third biggest economy at unsustainable levels and the bloc unable to afford a bailout.
World stocks, euro tumble on Italy, EZ break-up fears
World stocks hit a three-week low and the euro tumbled across the board while top-rated government bonds rallied on Thursday as fears of a break-up of the euro zone gathered pace ahead of a key debt sale in Italy.
UBS India Head Resigns; Kamat Named New CEO: Memo
The head of India operations at UBS AG , Manisha Girotra, has resigned, according to an internal memo, the latest high-profile exit from the Swiss bank in the world's second-fastest growing major country.
World Stocks, Euro Tumble on Italy, Eurozone Breakup Fears
World stocks hit a three-week low and the euro tumbled across the board while top-rated government bonds rallied on Thursday as fears of a break-up of the euro zone gathered pace ahead of a key debt sale in Italy.
Olympus Steps Closer to Stock Market Delisting
Tokyo's stock exchange warned scandal-hit Olympus Corp on Thursday it will be delisted after 62 years as a publicly traded company if it fails to report earnings by December 14, another blow to the Japanese camera-maker's chances of survival.
Analysis: Olympus Scandal Puts Auditors Under Scrutiny
Olympus Corp's use of accounting tricks to hide big losses has raised questions about whether its auditors, the Japanese arms of global giants KPMG and Ernst & Young, should have done more to follow up on red flags.
Online Coupon Company WhaleShark Raises $150 million
Online coupon company WhaleShark Media has raised $150 million in financing from JP Morgan and Institutional Venture Partners.
Japan Corporate Orders and Mood Sink; Tough Q4 Seen
A key gauge of Japan's corporate capital spending fell more than expected in September and manufacturers expect a further drop this quarter as business confidence sags in the face of the strong yen and slowing global growth.
Japan corporate orders, mood sink; tough Q4 seen
A key gauge of Japan's corporate capital spending fell more than expected in September and manufacturers expect a further drop this quarter as business confidence sags in the face of the strong yen and slowing global growth.
Shares Drop as Bond Yields Oush Italy to the Brink
Asian stocks fell around 3 percent on Thursday after soaring Italian borrowing costs stoked fears that the debt crisis in the euro zone's third biggest economy will overwhelm its financial defenses, raising the risk of a break-up of the currency area.
Shares drop as bond yields push Italy to the brink
Asian stocks fell around 3 percent on Thursday after soaring Italian borrowing costs stoked fears that the debt crisis in the euro zone's third biggest economy will overwhelm its financial defenses, raising the risk of a break-up of the currency area.
Insight: Clients Who Fled MF Global Face Clawback Risk
Former MF Global customers like Koch Industries, who pulled billions of dollars out of the stricken broker's accounts weeks or months before its collapse, have counted their blessings in recent days.